$382,000
●
House -
Off Market
80 Apache Trail
New Buffalo, MI 49117
3 Beds
2 Baths
1,350 Ft²
$2,270
Est. Monthly
8.50%
Cap Rate
About This Property
Here comes Summer... and this up-dated 3 bedroom Michiana cottage
is just 1 short block from the beach. A wonderful combination of
the traditional weekend cottage with all modern conveniences.
Renovated Kitchen with Maple cabinets, granite and stainless.
Herbeau sink, Thermador gas range and Bosh dishwasher. Updated
bathrooms, Wood burning fireplace, high efficiency furnace and
security system with monitoring. A Blue stone patio in front
and a deck for the grill off the back. Ideal opportunity for
anyone who is looking to be close to the lake. Michiana day
camp for kids runs throughout the summer.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$283
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
-
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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 #15013953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2016 | Sold | ||
| Sold | |||
| Sep 27, 2015 | Listed by Farley Real Estate, Inc. | $349,000 | |
| Listed by Farley Real Estate, Inc. | |||
| | |||
|
Oh Those Famous Michiana Log Homes! Updated delightful 3 bedroom home with corner fireplace, new kitchen with Herbeau sink, maple cabinets, Thermador gas range, Bosh dishwasher and granite countertops. 2 updated baths and fresh walls painted white, to give that great cottage feel! Central air and efficient furnace make this a year round retreat for all of Michigan’s beautiful seasons & memories. Short one block walk to wide sandy beach. Blue stone patio and large deck embracing deep lot welcome out door entertaining. Small price for a lot of fun!
| |||
| Apr 1, 2015 | Listed by Carol Brychta & Co. R.E. | $382,000 | |
| Listed by Carol Brychta & Co. R.E. | |||
| Apr 1, 2014 | Listed by Carol Brychta & Co. R.E. | $409,000 | |
| Listed by Carol Brychta & Co. R.E. | |||
| | |||
|
Perfect little beach cottage 1 blk from the lake in Michiana. Wood floors throughout, renovated kitchen with maple cabinets, granite counters and all new appliances. Oversize wood burning fireplace in LR. Family room with windows on 3 sides, which accent the dune setting. Deck off back for the grill, Bluestone patio with firepit in front. Glorious place to live week-ends or year around. Day Camp for the kids runs throughout the summer. Close to the beach and at a great price. A must see!
| |||
| Jul 31, 2002 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
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About Michiana
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Listed by: Timothy D Brychta, Carol Brychta & Co. R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 15013953
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.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 15013953
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