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Washtenaw
8087 Roepke Court
$208,000
● House - Off Market

8087 Roepke Court

Gregory, MI 48137
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,132 Ft²
$261,216
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Waterfront home on all sports Joslin Lake. Minimum of 90 feet of lake frontage. Fantastic location at the north end of Roepke Ct. Large deck. Three-bay garage fits eight cars. Dog pen. Outbuilding and a shed near the water's edge to hold all of your summer sporting gear. Enjoy the peaceful night sky around your spacious fire-pit. Beautiful views of the lake from the living room and 4 of the six total bedrooms (only 3 with closets). The entry-level bedroom includes a full bath and two closets. Upstairs hosts four additional bedrooms and a half-bath that needs to be renovated. Walk-out basement includes a bar area with a sink, full bath, and your mechanical room with space for a washer and dryer. Highly desired Chelsea Schools. Lyndon Twp Taxes. Sewer hook-up is available on the street. CASH CASH ONLY.
Unit Size
2,132 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$117
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1972

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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 #23091142)

Price History

Date / Event Date Event Price
Feb 14, 2023 Sold
Premium
Sold
Jan 6, 2023 Listed by The Charles Reinhart Company $250,000
Listed by The Charles Reinhart Company

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 83
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,026
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASTONIA PARK
  • Land Acres: 0000000850
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: TRF 1996 *OLD SID - E 05-004-018-00 LY 4-9A-4 COM AT CENT OF SEC, TH S 3 DEG E639.7 FT IN N & S 1/4 LINE, TH N 83 DEG 50' E

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA
  • Census Tract: 445000

Zoning

  • Zoning: RI

Geography

  • Assessors Map Reference: MAP L
  • District: E
  • Parcel: E -05-04-400-001
  • Block: 400
  • Meridian: SEC 04 TWN 1S RNG 3E
  • Municipality: LYNDON TWP
  • Latitude: 42.4179
  • Longitude: -84.0765

    Address

  • Full Address: 8087 Roepke Ct
  • Address - House Number: 8087
  • Address - Street Name: Roepke
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Gregory
  • Carrier Code: R033
  • 4-Digit Zip Code: 9645
  • Zip Code: 48137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,653
  • Tax Rate Code Area: E

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 351,663
  • High Value: 418,040
  • Low Value: 285,286

    Market Valuation

  • Market Total Value: $327,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,600

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Feb 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6678163
  • Previous Sale Recording Date: Dec 21, 1995
  • Previous Sale Contract Date: Dec 21, 1995
  • 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 Washtenaw

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2330 ft²

Average Home Age

56 years

Currently For Sale

652 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

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MichRIC

Listed by: Tammi A Ebenhoeh, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23091142
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 8087 Roepke Court built and last sold?
The property at 8087 Roepke Court was built in 1972 and last sold on Feb 8, 2023 for $208,000.
How much is this home worth?
The estimated value of the home located at 8087 Roepke Court is $0.
What are some comparable homes to 8087 Roepke Court?
There are currently no comparable homes to 8087 Roepke Court.
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