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Van Buren 49047
58536 County Road 687
$200,000
● House - Off Market

58536 County Road 687

Dowagiac, MI 49047
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,871 Ft²
$205,885
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This is country living! Located between Dowagiac and Decatur is this 2 bed/1 bath home resting on 8+ acres and includes 4 outbuildings. The home features new updates including the septic (5yrs), water heater, replacement windows, and bathroom amenities. The spacious main floor master includes vaulted ceilings and french doors leading to the backyard. The upper level includes the 2nd bedroom with the potential for a 3rd. Storage space is not an issue with a 24x40 pole barn/garage with 2 overhead doors and 54x37 barn - both equipped with cement floors and electricity. Schedule your private showing today!
Unit Size
1,871 Ft²
Days on Market
-
Land Size
8.90 acres
Price per sqft
$96
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1900

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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 #21026686)

Price History

Date / Event Date Event Price
Aug 10, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed by Cressy & Everett Real Estate $179,900
Listed by Cressy & Everett Real Estate
Jun 17, 2016 Sold
Premium
Sold
Nov 20, 2015 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,010
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 379,233
  • Lot Size Depth Feet: 30
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,532
  • Gross Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000008706
  • Standard Land Use Code: 7000
  • County Land Use Code: 101
  • Legal Description 1: 456 36-4-16 870-215-216 965-24 1551-310 BEG AT A PT ON N SEC L 1335.20' FROM NE COR OF SD SEC, TH S 0 DEG 18' E ALG E 1/8 L

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 011500

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 456
  • District: 12
  • Section: 1292
  • Parcel: 80-12-036-003-00
  • Municipality: KEELER TWP
  • Latitude: 42.082
  • Longitude: -86.1134

    Address

  • Full Address: 58536 County Road 687
  • Address - House Number: 58536
  • Address - Street Name: County Road 687
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: R002
  • 4-Digit Zip Code: 9506
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,534
  • Tax Rate Code Area: 80120

    Market Valuation

  • Market Total Value: $116,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 17, 2016
  • Previous Sale Contract Date: Jun 03, 2016
  • Previous Sale Amount: $30,101
  • Previous Sale Document Type: 27
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 Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2043 ft²

Average Home Age

61.4 years

Currently For Sale

227 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: Amanda Hassle, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21026686
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 58536 County Rd 687 built and last sold?
The property at 58536 County Rd 687 was built in 1900 and last sold on Aug 9, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 58536 County Rd 687 is $0.
What are some comparable homes to 58536 County Rd 687?
There are currently no comparable homes to 58536 County Rd 687.
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