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Kalamazoo
8118 Smiley Drive
$550,000
● House - Off Market

8118 Smiley Drive

Scotts, MI 49088
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,880 Ft²
$3,235
Est. Monthly
$21
HOA / Fees
5.02%
Cap Rate

About This Property

Dream home on all sports 575 acre Long Lake has it all!  Lake views from every window, private street, 117' sandy beach frontage, .586 acres, 4 bedrooms, 2 full baths, 2 car heated attached garage, ample parking, nature views across the lake, large patio, three seasons room, beautiful open concept kitchen/dining, newer fireplace,  appliances, windows, mechanicals, electrical, plumbing and the list goes on!  

This home has everything that you want out of lake living and is about 15 minutes from US 131 and I-94.  Approx 10 mins to Pfizer, Stryker, Portage, and Vicksburg.  

Seller is a Realtor
Unit Size
1,880 Ft²
Days on Market
34 days
Land Size
0.59 acres
Price per sqft
$303
Property Type
House
Property Taxes
$415
HOA Dues
$21
Year Built
1960

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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: 8 months ago (MichRIC MLS #24055564)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Nov 3, 2024 In contract -
In contract
Oct 29, 2024 Price Decreased $569,900
↓ $20K (3.4%)
Price Decreased
Oct 22, 2024 Listed by Chuck Jaqua, REALTOR $589,900
Listed by Chuck Jaqua, REALTOR
Jul 13, 2020 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENFIELD SHORES
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 408
  • Legal Description 1: GREENFIELD SHORES LOTS 38 & 39 1/22 INT. IN LOT 34

Neighborhood

  • School District Name: Vicksburg Community Schools
  • School Tax School District: VICKSBURG
  • Census Tract: 003302

Zoning

  • Zoning: R-2

Geography

  • District: 11
  • Parcel: 11-19-226-030
  • Lot: 34-38
  • Municipality: PAVILION TWP
  • Latitude: 42.1994
  • Longitude: -85.5155

    Address

  • Full Address: 8118 Smiley Dr
  • Address - House Number: 8118
  • Address - Street Name: Smiley
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Scotts
  • Carrier Code: R001
  • 4-Digit Zip Code: 9765
  • Zip Code: 49088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $344,733

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 414,414
  • High Value: 502,432
  • Low Value: 326,396

    Market Valuation

  • Market Total Value: $443,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-021959
  • Previous Sale Recording Date: Jul 10, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $275,000
  • 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 Kalamazoo

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1978 ft²

Average Home Age

57 years

Currently For Sale

726 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Michael C Alexander, Chuck Jaqua, REALTOR
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 24055564
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 8118 Smiley Drive built and last sold?
The property at 8118 Smiley Drive was built in 1960 and last sold on Jun 26, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 8118 Smiley Drive is $0.
What are some comparable homes to 8118 Smiley Drive?
There are currently no comparable homes to 8118 Smiley Drive.
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