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Cass 49112
68563 Oak Spring Road
$635,000
● House - Off Market

68563 Oak Spring Road

Edwardsburg, MI 49112
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,240 Ft²
$935,920
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Amazing lake views of Eagle Lake in Edwardsburg MI. Situated on the calm west end of Eagle Lake. Oak Springs Rd is a service st with limited traffic and the woods across the street has no homes allowing for overflow parking. This fantastic 4 bedroom, 3 full bath lake home features many recent updates. Some updates are, massive master bathroom, new windows, composite decks & sand swimming area at the waters edge. The expansive open concept main floor allows for ample entertaining inside, cozy sitting area next to the large gas fireplace for the cooler seasons or walk out the slider in the middle of lakeside glass wall to a tiered deck with many seating/dinning areas.  This home has a main floor bedroom, full bath and main floor kitchen. Don't miss out and call to see this home today!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$301
Property Type
House
Property Taxes
$407
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 #20000607)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jan 6, 2020 Listed by Weichert Realtors-Gold Star $675,000
Listed by Weichert Realtors-Gold Star
Oct 1, 2009 Sold
Premium
Sold

Property Highlights

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: 10,890
  • 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
  • Subdivision: OAK SPRINGS
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 715 LOT 8 OAK SPRINGS.

Neighborhood

  • School District Name: Edwardsburg Public Schools
  • School Tax School District: EDWARDSBURG
  • Census Tract: 001200

Geography

  • District: 090
  • Parcel: 14-090-150-008-00
  • Lot: 8
  • Municipality: EDWARDSBURG VILLAGE
  • Latitude: 41.8025
  • Longitude: -86.0395

    Address

  • Full Address: 68563 Oak Springs Rd
  • Address - House Number: 68563
  • Address - Street Name: Oak Springs
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Edwardsburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 9502
  • Zip Code: 49112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,648

    Appraisal Valuation

  • Standard Deviation: 0.2472
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 775,345
  • High Value: 967,076
  • Low Value: 583,613

    Market Valuation

  • Market Total Value: $495,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,900

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 01, 2009
  • Previous Sale Contract Date: Sep 15, 2009
  • Previous Sale Amount: $487,000
  • Previous Sale Document Type: 71
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

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MichRIC

Listed by: Jeffrey A Brown, Weichert Realtors-Gold Star
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20000607
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 68563 Oak Spring Road built and last sold?
The property at 68563 Oak Spring Road was built in and last sold on Jul 17, 2020 for $635,000.
How much is this home worth?
The estimated value of the home located at 68563 Oak Spring Road is $0.
What are some comparable homes to 68563 Oak Spring Road?
There are currently no comparable homes to 68563 Oak Spring Road.
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