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Paw Paw Lake 49098
8006 Forest Beach Road
$155,000
● House - Off Market

8006 Forest Beach Road

Watervliet, MI 49098
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,478 Ft²
$178,905
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Spacious 4 bedroom/2 bath home on 1.4 wooded acres with pole barn in Watervliet school system, just a few blocks from Paw Paw Lake.  All new carpet and linoleum flooring this year, fresh paint throughout. Home can use a few finishing touches to make it your own.  Metal roof just 6 years old.  Pole barn is 28 x 40. Fenced in area for dogs.  Walking trail through the woods in back.  Come see!
Unit Size
1,478 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$114
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1955

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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 #22039123)

Price History

Date / Event Date Event Price
Jan 19, 2023 Sold
Premium
Sold
Sep 9, 2022 Listed by Realty Executives Instant Equity $169,000
Listed by Realty Executives Instant Equity
Jul 9, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,958
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001491
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG 570.73'W OF NE COR SEC 22 T3S R17W TH W 85.44' TH S 328.85' TH E 85.87' TH N 328.92' TO POB ALSO THE E 2 A OF THE W 10 A

Neighborhood

  • School District Name: Watervliet School District
  • School Tax School District: WATERVLIET
  • Census Tract: 010300

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: 022-2
  • District: 21
  • Parcel: 21-0022-0004-03-9
  • Meridian: SEC 22 TWN 03S RNG 17W
  • Municipality: WATERVLIET TWP
  • Latitude: 42.2002
  • Longitude: -86.2644

    Address

  • Full Address: 8006 Forest Beach Rd
  • Address - House Number: 8006
  • Address - Street Name: Forest Beach
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Watervliet
  • Carrier Code: R011
  • 4-Digit Zip Code: 9702
  • Zip Code: 49098

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,648

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 162,488
  • High Value: 178,837
  • Low Value: 146,138

    Market Valuation

  • Market Total Value: $140,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 19, 2023
  • Current Sale Recording Date: Jan 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 371421
  • Previous Sale Recording Date: Jul 09, 2003
  • Previous Sale Contract Date: Jun 26, 2003
  • Previous Sale Amount: $87,000
  • 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 Paw Paw Lake

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$213

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1753 ft²

Average Home Age

58.8 years

Currently For Sale

21 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

Unit for rent at 4089 Medical Park Drive, MI, 49098

$709 /mo

  • 1 Bed
  • 1 Bath
4089 Medical Park Drive, MI, 49098 Listing by Rick Rivera
Unit for rent at 8770 Cobblestone Rd, MI, 49098

$731 /mo

  • 2 Beds
  • 1 Bath
8770 Cobblestone Rd, MI, 49098 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kimberly Webb, Realty Executives Instant Equity
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22039123
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 8006 Forest Beach Road built and last sold?
The property at 8006 Forest Beach Road was built in 1955 and last sold on Jan 19, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 8006 Forest Beach Road is $0.
What are some comparable homes to 8006 Forest Beach Road?
There are currently no comparable homes to 8006 Forest Beach Road.
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