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Cassopolis 49031
713 Park Shore Drive
$28,420
● House - Off Market

713 Park Shore Drive

Cassopolis, MI 49031
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$68,030
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

This is a HUD Home, sold AS-IS by electronic bid only. Equal Housing Opportunity. All bids must be submitted through a registered HUD approved real estate agent. Buyer to verify all listing information. For property conditions, additional forms, disclosures and availability, see website in agent remarks. Agents, please refer to Agent Comments section for additional details.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$28
Property Type
House
Property Taxes
$140
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 #12058207)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Mar 27, 2023 Listed by J T Henderson & Assoc LLC $180,000
Listed by J T Henderson & Assoc LLC
Aug 5, 2021 Sold
Premium
Sold
May 10, 2021 Listed by J T Henderson & Assoc LLC $139,900
Listed by J T Henderson & Assoc LLC
Sep 28, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage

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: 18,731
  • 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: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 496B BEG AT A PT ON E & W 1/4 LINE N 88 DEG 57'W 846.07 FT FROM CEN OF SEC, TH N 88 DEG 57'W 149.22 FT, TH N 0 DEG 44'E 125

Neighborhood

  • School District Name: Cassopolis Public Schools
  • School Tax School District: CASSOPOLIS
  • Census Tract: 002100

Geography

  • District: 040
  • Parcel: 14-041-136-062-00
  • Lot: 12
  • Municipality: CASSOPOLIS VILLAGE
  • Latitude: 41.9046
  • Longitude: -86.0036

    Address

  • Full Address: 713 Park Shore Dr
  • Address - House Number: 713
  • Address - Street Name: Park Shore
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Cassopolis
  • Carrier Code: R001
  • 4-Digit Zip Code: 9443
  • Zip Code: 49031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,169

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 46
  • Final Value: 196,025
  • High Value: 248,387
  • Low Value: 143,662

    Market Valuation

  • Market Total Value: $124,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 203331
  • Previous Sale Recording Date: Aug 05, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $151,500
  • 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 Cassopolis

Stats & Trends

Median Asking:

$182,000

Sale Price/ft²

$118

Below Asking

0.04%

Average Days on Market

49

Average Home Size

1553 ft²

Average Home Age

70.7 years

Currently For Sale

7 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: John T Henderson, J T Henderson & Assoc LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12058207
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 713 Park Shore Drive built and last sold?
The property at 713 Park Shore Drive was built in and last sold on May 15, 2023 for $168,000.
How much is this home worth?
The estimated value of the home located at 713 Park Shore Drive is $0.
What are some comparable homes to 713 Park Shore Drive?
There are currently no comparable homes to 713 Park Shore Drive.
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