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Cass
61216 N Main Street
$297,939
● House - Off Market

61216 N Main Street

Jones, MI 49061
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,540 Ft²
$1,694
Est. Monthly
3.11%
Cap Rate

About This Property

Enjoy lake living at its finest! This Modern, well-maintained, 2-bedroom, one bath home with an extra room that could be used for an office or playroom. Located on beautiful Driskels Lake with 90 ft. of frontage. The inviting interiors, updated appliances, gas fireplace, 200-amp service and heated garage are all an added bonus. The home offers fantastic views of the beautiful lake throughout. Entertaining will be a breeze with either the stunning deck overlooking the water or a lower-level patio just steps to the water. The pier will remain with the home. This home won't last long. Please call for your showing today.
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$194
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
-

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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 #24012529)

Price History

Date / Event Date Event Price
Jun 4, 2024 Sold
Premium
Sold
Mar 15, 2024 Listed by Century 21 Affiliated $299,000
Listed by Century 21 Affiliated
Jul 13, 2021 Sold
Premium
Sold
Aug 18, 2020 Sold
Premium
Sold
Jul 22, 2020 Listed by Century 21 Affiliated $119,900
Listed by Century 21 Affiliated

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 369-1119 490 6-13 SEC 35 T6 R13 BEG AT PT ON ELY EDGE OF DRISKEL LAKE 1214 FT S OF N LINE OF SEC 35 TH N 87 DEG E 86.9 FT M/L

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 001702

Geography

  • District: 080
  • Parcel: 14-080-035-017-00
  • Municipality: NEWBERG TWP
  • Latitude: 41.9079
  • Longitude: -85.7974

    Address

  • Full Address: 61216 N Main
  • Address - House Number: 61216
  • Street Direction: N
  • Address - Street Name: Main
  • State: MI
  • City Name: Jones
  • Carrier Code: R012
  • 4-Digit Zip Code: 8774
  • Zip Code: 49061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $94,049

    Appraisal Valuation

  • Standard Deviation: 0.266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 276,913
  • High Value: 350,580
  • Low Value: 203,247

    Market Valuation

  • Market Total Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 18, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 54
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 Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1965 ft²

Average Home Age

60.4 years

Currently For Sale

167 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: Crystal Heivilin, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24012529
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 61216 North Main built and last sold?
The property at 61216 North Main was built in and last sold on Jul 12, 2021 for $213,900.
How much is this home worth?
The estimated value of the home located at 61216 North Main is $0.
What are some comparable homes to 61216 North Main?
There are currently no comparable homes to 61216 North Main.
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