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Vineyard Lake 49230
431 Oakwood Beach Beach
$286,000
● House - Off Market

431 Oakwood Beach Beach

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$278,768
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Dream of life on the lake, with great fishing, beautiful views and all that comes with lake living? Here's an opportunity for 80 ft of lake frontage on popular Vineyard Lake!  Main floor living! This fixer upper has 3 bedrooms, 1 bath, fireplace, central air.  Enjoy watching sunsets from the deck or gazebo.  Buy now and have this home in tip top shape to enjoy the lake next summer. Property is being sold as-is.  Seller has never lived in the home.  Easy to show. Call your favorite realtor and schedule a showing today!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$260
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21110830)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed by Key Realty One $250,000
Listed by Key Realty One

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,034
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD BEACHUNRECORDED
  • Land Acres: 0000000414
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NE COR OF SEFRL 1/4 OF NWFRL 1/4 OF SEC 29 TH N 88%15'W 222 FT TH S 2%53'W 862.62 FT TH N 87%41'E 206.69 FT TH S

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: 38040
  • Census Tract: 006305

Zoning

  • Zoning: RLS

Geography

  • Assessors Map Reference: MAPS OAKWOOD
  • District: 02
  • Parcel: 000-20-29-193-001-00
  • Lot: 124-125
  • Meridian: SEC 29 TWN 04S RNG 02E
  • Municipality: COLUMBIA TWP
  • Latitude: 42.0933
  • Longitude: -84.2174

    Address

  • Full Address: 431 Oakwood Beach Dr
  • Address - House Number: 431
  • Address - Street Name: Oakwood Beach
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R006
  • 4-Digit Zip Code: 8330
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,230
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 333,029
  • High Value: 392,698
  • Low Value: 273,360

    Market Valuation

  • Market Total Value: $279,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,900

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 2900356
  • Previous Sale Recording Date: Jul 25, 1996
  • Previous Sale Contract Date: Jul 25, 1996
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vineyard Lake

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$214

Below Asking

0.06%

Average Days on Market

74

Average Home Size

1180 ft²

Average Home Age

42 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Linda Sopko, Key Realty One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21110830
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 431 Oakwood Beach built and last sold?
The property at 431 Oakwood Beach was built in and last sold on Nov 18, 2021 for $286,000.
How much is this home worth?
The estimated value of the home located at 431 Oakwood Beach is $256,052.
What are some comparable homes to 431 Oakwood Beach?
There are currently no comparable homes to 431 Oakwood Beach.
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