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Lake Michigan Beach 49038
6017 Monroe Street
$625,000
● House - Off Market

6017 Monroe Street

Coloma, MI 49038
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,490 Ft²
$596,772
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Experience style and comfort in this newly built masterpiece, perfectly designed for your full time residence or short-term rental needs; sold fully furnished!  Located on nearly 1.5 acres with a generously sized yard, this home offers the ideal blend of style and functionality.  With 5 spacious bedrooms, there's ample room for everyone to relax and unwind in privacy. The modern design, 9 foot ceilings and open layout create a seamless flow between the living spaces, making it an ideal retreat for families and groups.  A finished garage adds not only extra living and entertaining space but also extra storage space for all your recreational gear and belongings. Short Term Rentals Allowed! Owner occupants can join Lake Michigan Beach Association.  See Property Features Sheet for More!
Unit Size
2,490 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$241
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1930

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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: 2 years ago (MichRIC MLS #23030810)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 21, 2023 Listed by Cressy & Everett Real Estate $599,000
Listed by Cressy & Everett Real Estate
Sep 30, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 740
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,855
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 5,200
  • Total Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE MICHIGAN BEACH
  • Land Acres: 0000001420
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 1751 TO 1762 INCLUSIVE & LOTS 1928 TO 1941 INCLUSIVE LAKE MICHIGAN BEACH

Neighborhood

  • School District Name: Coloma Community Schools
  • School Tax School District: COLOMA
  • Census Tract: 010100

Zoning

  • Zoning: R1 S/F/LMB

Geography

  • Assessors Map Reference: 011-4
  • District: 10
  • Parcel: 11-10-4540-1751-01-0
  • Lot: 19-1751
  • Municipality: HAGAR TWP
  • Latitude: 42.2209
  • Longitude: -86.3728

    Address

  • Full Address: 6017 Monroe St
  • Address - House Number: 6017
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MI
  • City Name: Coloma
  • Carrier Code: R002
  • 4-Digit Zip Code: 9417
  • Zip Code: 49038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $75,911
  • Initial Tax Delinquent Year: 2015

    Appraisal Valuation

  • Standard Deviation: 0.1022
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 90
  • Final Value: 607,211
  • High Value: 669,299
  • Low Value: 545,122

    Market Valuation

  • Market Total Value: $154,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,400

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 390939
  • Previous Sale Recording Date: Sep 30, 2021
  • Previous Sale Contract Date: Aug 31, 2021
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Lake Michigan Beach

Stats & Trends

Median Asking:

$273,000

Sale Price/ft²

$191

Below Asking

0.03%

Average Days on Market

39

Average Home Size

1522 ft²

Average Home Age

81.2 years

Currently For Sale

6 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: Ben Stephen, Cressy & Everett Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23030810
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 6017 Monroe Street built and last sold?
The property at 6017 Monroe Street was built in 1930 and last sold on Oct 13, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 6017 Monroe Street is $607,091.
What are some comparable homes to 6017 Monroe Street?
There are currently no comparable homes to 6017 Monroe Street.
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