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Spring Lake 49456
729 Summer Street
$210,000
● House - Off Market

729 Summer Street

Spring Lake, MI 49456
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,458 Ft²
$224,978
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Spring Lake Cade Cod with a full basement and oversized 2 car garage with side overhead door. This charming 3 bedroom home is well built and has plenty of mechanical updates including furnace, central air, windows, roof, water heater and more. There has also been some new paint and flooring. Fenced in backyard and also has underground sprinkling on a separate well. Appliances stay and possession can be immediate!
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$137
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1953

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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: 3 years ago (MichRIC MLS #21104668)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Sep 18, 2023 Listed by RE/MAX West $259,000
Listed by RE/MAX West
Oct 6, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by RE/MAX West $199,900
Listed by RE/MAX West

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • 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: 720
  • Garage Type: 7
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 970
  • Building Area: 970
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 970
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EVERGREEN PARK SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 60 EVERGREEN PARK SUB

Neighborhood

  • School District Name: Spring Lake Public Schools
  • School Tax School District: SPRING LAKE
  • Census Tract: 021100

Zoning

  • Zoning: SFR-A

Geography

  • District: 07
  • Parcel: 70-03-23-102-020
  • Block: 102
  • Lot: 60
  • Meridian: SEC 23 TWN 8N RNG 16W
  • Municipality: SPRING LAKE VILLAGE
  • Latitude: 43.0734
  • Longitude: -86.1814

    Address

  • Full Address: 729 Summer St
  • Address - House Number: 729
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MI
  • City Name: Spring Lake
  • Carrier Code: C004
  • 4-Digit Zip Code: 1964
  • Zip Code: 49456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,157

    Appraisal Valuation

  • Standard Deviation: 0.0737
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 258,318
  • High Value: 277,380
  • Low Value: 239,257

    Market Valuation

  • Market Total Value: $195,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Nov 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28976
  • Previous Sale Recording Date: Oct 06, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $210,000
  • 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 Spring Lake

Stats & Trends

Median Asking:

$447,450

Sale Price/ft²

$266

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1578 ft²

Average Home Age

36.8 years

Currently For Sale

26 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: Rob Stark, RE/MAX West
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21104668
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 729 Summer Street built and last sold?
The property at 729 Summer Street was built in 1953 and last sold on Nov 9, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 729 Summer Street is $0.
What are some comparable homes to 729 Summer Street?
There are currently no comparable homes to 729 Summer Street.
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