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Cass 49047
50124 Circle Drive
$234,000
● House - Off Market

50124 Circle Drive

Dowagiac, MI 49047
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,701 Ft²
$211,534
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Well taken care of 4 bed/2 bath ranch home located on a double lot in the heart of Sister lakes! Several updates have been completed within the last two years; new siding, new roof/gutters/soffit/fascia, new garage and exterior doors, new cement pad and composite deck, AND new furnace and AC units. The interior features an open concept layout with plenty of natural lighting. The eat-in kitchen offers stainless steel appliances and access to the expansive backyard. Space isn't an issue with the completely finished basement where the 4th bedroom, 2nd bathroom and laundry is located.
Unit Size
1,701 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$123
Property Type
House
Property Taxes
$129
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 #22012679)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Apr 14, 2022 Listed by Cressy & Everett Real Estate $209,900
Listed by Cressy & Everett Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW SUB 1
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 515-968 459-946 397-1123 1426 5S-16W LOT 148 LAKEVIEW SUBDIVISION NO 1.

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 001902

Geography

  • District: 130
  • Parcel: 14-130-300-148-00
  • Lot: 148
  • Municipality: SILVERCREEK TWP
  • Latitude: 42.0691
  • Longitude: -86.1835

    Address

  • Full Address: 50124 Circle Dr
  • Address - House Number: 50124
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: R006
  • 4-Digit Zip Code: 8883
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $96,082

    Appraisal Valuation

  • Standard Deviation: 0.1292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 85
  • Final Value: 208,154
  • High Value: 235,064
  • Low Value: 181,244

    Market Valuation

  • Market Total Value: $180,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000

    Exemptions

  • Homeowner Exemption: Yes
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 Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1962 ft²

Average Home Age

60.6 years

Currently For Sale

164 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

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MichRIC

Listed by: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22012679
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 50124 Circle Drive built and last sold?
The property at 50124 Circle Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 50124 Circle Drive is $0.
What are some comparable homes to 50124 Circle Drive?
There are currently no comparable homes to 50124 Circle Drive.
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