$64,000
●
House -
Off Market
575 NORVELL BEACH DR
Brooklyn, MI 49230
2 Beds
1 Bath
700 Ft²
$117,184
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Looking for your very own lake front cottage or year round get
away?? Enjoy your quiet, cozy lake front cottage on Norvell Lake
for under 80k. Norvell Lake is a 143 acre lake with great fishing
and boating. This cottage offers two bedrooms, one full bath, eat
in kitchen, main level laundry, very nice size living room with
wood burner to keep you cozy and warm in the cooler months. Enjoy
the nice size lot, 76 feet of lake frontage with steel sea wall,
flat yard for entertaining friends and family on your patio with a
fire pit. Also, don't forget about the two car detached garage for
storage of all of your boats and lake toys. This cottage has been
very well maintained, you will be impressed on how clean it is!!
Come and see what pride in ownership looks like!!!!
Unit Size
700 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$107
Property Type
House
Property Taxes
$111
HOA Dues
$25
Year Built
1965
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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 #21054847)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
| Mar 16, 2020 | Listed by Howard Hanna | $74,900 | |
| Listed by Howard Hanna | |||
| | |||
|
Lakefront and fully furnished. Enjoy your quiet, cozy lake front cottage on Norvell Lake . Norvell Lake is a 143 acre lake with great fishing and boating. This cottage offers two bedrooms, one full bath, eat in kitchen, main level laundry, very nice size living room with wood burner to keep you cozy and warm in the cooler months. Washer & Dryer hookups in Middle bedroom closet.Enjoy the nice size lot, 76 feet of lake frontage with steel sea wall, flat yard for entertaining friends and family on your patio with a fire pit. Also, don't forget about the two car detached garage for storage of all of your boats and lake toys. This cottage has been very well maintained, you will be impressed on how clean it is. Hot water heater was replaced in 2018. Newer Refrigerator & queen sleeper. Boat and e electric trolling motor included.
| |||
| Nov 21, 2019 | Price Decreased |
$79,900
↓ $10K
(11.1%) | |
| Price Decreased | |||
| Oct 14, 2019 | Listed | $89,900 | |
| Listed | |||
| | |||
|
Lakefront and fully furnished. Enjoy your quiet, cozy lake front cottage on Norvell Lake . Norvell Lake is a 143 acre lake with great fishing and boating. This cottage offers two bedrooms, one full bath, eat in kitchen, main level laundry, very nice size living room with wood burner to keep you cozy and warm in the cooler months. Washer & Dryer hookups in Middle bedroom closet. Enjoy the nice size lot, 76 feet of lake frontage with steel sea wall, flat yard for entertaining friends and family on your patio with a fire pit. Also, don't forget about the two car detached garage for storage of all of your boats and lake toys. This cottage has been very well maintained, you will be impressed on how clean it is. Hot water heater was replaced in 2018. Newer Refrigerator & queen sleeper. Boat and electric trolling motor included. The manager has listed the unit size as 700 square feet.
| |||
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Property Highlights
Fireplace
Building Info
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About Jackson
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Listed by: JEFF REDMAN, Home 1st Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21054847
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: 3 years ago
Data Source: MichRIC, MLS# 21054847
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