$270,000
●
House -
Off Market
50973 CR 681
Lawrence, MI 49064
4 Beds
3 Baths
3,222 Ft²
$523,551
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model
About This Property
Wonderful Paw Paw Riverfront Home has it all! Wooded 10 Acre
Setting, 200' frontage and quiet setting. Custom home offers an
open floor plan with soaring ceiling, wall of windows overlooking
the river plus cherry wood floors and cabinets. Features 4 Bedrooms
(with upper level master bedroom loft/suite) 3 full Baths, finished
lower level walkout with second kitchen with over 3000 SF of total
living space. Large decks offer a great place to enjoy the setting.
Paw Paw River offers fishing, kayaking with plenty of deer and
birds. Located in SW Michigan 20 minutes to Kalamazoo, 2 hours to
Chicago and 20 Minutes to Lake Michigan. Wonderful year
around or seasonal home.
Unit Size
3,222 Ft²
Days on Market
129 days
Land Size
10.00 acres
Price per sqft
$92
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1999
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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: 2 years ago (MichRIC MLS #15021650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2015 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by @properties Christie's International R.E. | $295,000 | |
| Listed by @properties Christie's International R.E. | |||
| Apr 23, 2014 | Listed by @properties Christie's International R.E. | $289,000 | |
| Listed by @properties Christie's International R.E. | |||
| | |||
|
Beautiful PAW PAW riverfront home. Nestled on a 10 acre setting with 200' frontage. This custom home won't disappoint with its spacious floor plan, nice finishes plus cherry floors and woodwork. Lower level has extra kitchen and separate living perfect for in-law set up. Home has much to offer with it's great Room with soaring ceiling, wall of windows and open floor plan perfect for entertaining. Home features 4 Bedrooms (with upper level master bedroom suite & loft) 3 full Baths, finished lower level walkout with over 3000 SF of total living space. Large decks offer a great place to enjoy the setting. Paw Paw River offers fishing, kayaking with plenty of deer and birds. Located in SW Michigan 20 minutes to Kalamazoo, 2 hours to Chicago and 20 Minutes to Lake Michigan. ago, 35 minutes to Lake Michigan and many area lakes. Pure Michigan At It's Best. (buyer, buyer agent to verify).
| |||
| Nov 12, 1998 | Sold | ||
| Sold | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Van Buren
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Listed by: Mark Wortman, @properties Christie's International R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 15021650
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.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 15021650
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