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Cass 49112
68695 Oak Spring Road
$840,000
● House - Off Market

68695 Oak Spring Road

Edwardsburg, MI 49112
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,760 Ft²
$4,723
Est. Monthly
1.13%
Cap Rate

About This Property

Offered optionally fully furnished & turnkey this 3-bedroom 2.5 bath lake home features amazing amenities. 44' of sandy beach frontage, 10x20 infinity edge swim spa, multi-level decks & outdoor seating areas, open & spacious kitchen/dinning/living area on the main floor. All mechanicals and appliances have been updated in the past 2 years. Second floor offers 3 bedrooms, 2 full baths, laundry room and loft for additional living space. Sitting on the west end of Eagle Lake, the location is sheltered from the traditional wind directions which maximizes outdoor usage of exterior amenities. The decks are shaded during the hot afternoon sun. Pier & exterior storage are included. Pontoon boat negotiable. Located at the end of the street allows privacy & extra parking, MI Licensed Realtor owned.
Unit Size
1,760 Ft²
Days on Market
39 days
Land Size
0.15 acres
Price per sqft
$483
Property Type
House
Property Taxes
$549
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: 2 years ago (MichRIC MLS #25036077)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Aug 1, 2025 In contract -
In contract
Jul 21, 2025 Listed by Weichert Realtors-Gold Star $850,000
Listed by Weichert Realtors-Gold Star
Nov 1, 2018 Sold
Premium
Sold
Dec 13, 2011 Sold
Premium
Sold

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: 6,534
  • 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: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 725 LOT 23 OAK SPRINGS

Neighborhood

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

Geography

  • District: 090
  • Parcel: 14-090-150-023-00
  • Lot: 23
  • Municipality: EDWARDSBURG VILLAGE
  • Latitude: 41.8006
  • Longitude: -86.0395

    Address

  • Full Address: 68695 Oak Springs Rd
  • Address - House Number: 68695
  • Address - Street Name: Oak Springs
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Edwardsburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 8544
  • Zip Code: 49112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $249,451

    Appraisal Valuation

  • Standard Deviation: 0.2472
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 702,009
  • High Value: 875,605
  • Low Value: 528,412

    Market Valuation

  • Market Total Value: $579,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2018
  • Current Sale Recording Date: Nov 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 13, 2011
  • Previous Sale Contract Date: Apr 28, 2010
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 22
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: Jeffrey A Brown, Weichert Realtors-Gold Star
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25036077
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 68695 Oak Spring Road built and last sold?
The property at 68695 Oak Spring Road was built in and last sold on Oct 22, 2018 for $450,000.
How much is this home worth?
The estimated value of the home located at 68695 Oak Spring Road is $834,737.
What are some comparable homes to 68695 Oak Spring Road?
There are currently no comparable homes to 68695 Oak Spring Road.
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