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Vineyard Lake 49230
566 OAKWOOD BEACH
$80,000
● House - Off Market

566 OAKWOOD BEACH

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$136,455
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Ranch-styled home with 3 bedrooms, 1 bath and full basement. Home has lake access to Vineyard lake.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$68
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21074676)

Price History

Date / Event Date Event Price
May 25, 2016 Sold
Premium
Sold
Apr 26, 2016 Listed by HOWARD HANNA REAL ESTATE SERVI $79,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 29, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • 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: 9
  • Basement Area: 1,176
  • Garage Type: 7
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Lot Size Depth Feet: 2,067
  • Lot Size Frontage Feet: 2,220
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001050
  • 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 640.62 FT ALG E LN OF OAKWOOD DR TO A PT WH

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: MAPS T29NW
  • District: 02
  • Parcel: 000-20-29-176-002-00
  • Meridian: SEC 29 TWN 04S RNG 02E
  • Municipality: COLUMBIA TWP
  • Latitude: 42.0968
  • Longitude: -84.2202

    Address

  • Full Address: 566 Oakwood Beach Dr
  • Address - House Number: 566
  • Address - Street Name: Oakwood Beach
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R006
  • 4-Digit Zip Code: 9425
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $137,232
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 225,636
  • High Value: 269,256
  • Low Value: 182,016

    Market Valuation

  • Market Total Value: $189,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2741049
  • Previous Sale Recording Date: Apr 29, 2015
  • Previous Sale Contract Date: Apr 22, 2015
  • Previous Sale Amount: $56,889
  • Previous Sale Document Type: 64
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: MARY L LYONS, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21074676
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 566 Oakwood Beach built and last sold?
The property at 566 Oakwood Beach was built in and last sold on May 20, 2016 for $80,000.
How much is this home worth?
The estimated value of the home located at 566 Oakwood Beach is $0.
What are some comparable homes to 566 Oakwood Beach?
There are currently no comparable homes to 566 Oakwood Beach.
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