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Vineyard Lake 49230
761 Spicer Drive
$275,000
● House - Off Market

761 Spicer Drive

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,383 Ft²
$1,739
Est. Monthly
$100
HOA / Fees
6.98%
Cap Rate

About This Property

Want that lakeview home with a moderate price point ! This 3 bedroom 2 bath ranch just needs a little TLC. You have lake access not far from your front door to 505 acre all sports Vineyard Lake for all water sports ! Please contact Spicer Orchard Heights Property Owners Association for docking privilege's, park regulations and all lake access questions.
Unit Size
1,383 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$210
Property Type
House
Property Taxes
$215
HOA Dues
$100
Year Built
1995

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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 #24053668)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Premium
Sold
Jul 17, 2024 Listed by NON-MEMBER REALTOR 'LIST' $289,900
Listed by NON-MEMBER REALTOR 'LIST'
Jun 17, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,383
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,172
  • Lot Size Depth Feet: 1,304
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,383
  • Building Area: 1,383
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,383
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPICER ORCHARD HEIGHTS #3
  • Land Acres: 0000000509
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 58 SPICER ORCHARD HEIGHTS NO. 3

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: 38040
  • Census Tract: 006305

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: MAPS SPICER
  • District: 02
  • Parcel: 000-20-29-302-006-00
  • Lot: 58
  • Municipality: COLUMBIA TWP
  • Latitude: 42.0933
  • Longitude: -84.2262

    Address

  • Full Address: 761 Spicer Dr
  • Legal Unit: 58
  • Address - House Number: 761
  • Address - Street Name: Spicer
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R006
  • 4-Digit Zip Code: 8901
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $167,250
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 265,912
  • High Value: 332,789
  • Low Value: 199,036

    Market Valuation

  • Market Total Value: $221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 1995
  • Current Sale Recording Date: Jun 17, 1995
  • Current Sale Price:
    Premium
  • Current 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 Vineyard Lake

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$214

Below Asking

0.06%

Average Days on Market

74

Average Home Size

1180 ft²

Average Home Age

42 years

Currently For Sale

1 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

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MichRIC

Listed by: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24053668
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 761 Spicer Drive built and last sold?
The property at 761 Spicer Drive was built in 1995 and last sold on Jun 17, 1995 for $11,300.
How much is this home worth?
The estimated value of the home located at 761 Spicer Drive is $0.
What are some comparable homes to 761 Spicer Drive?
There are currently no comparable homes to 761 Spicer Drive.
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