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Lenawee 49265
8273 Odowling Drive
$155,000
● Land - Off Market

8273 Odowling Drive

Onsted, MI 49265
bedrooms
Studio
bathrooms
0 Bath
$1,051
Est. Monthly
$15
HOA / Fees

About This Property

Lakefront lot on private, all-sports Loch Erin! Best view and best price on O'Dowling for this size lot. Over 95 feet of water frontage. Situated southwest facing with great views. Onsted schools! Beautiful sunsets! Almost 1 acre large lot with the opportunity to build a luxury size/style home. Walk-out basement capable and Sandy beach. Natural gas, sewer, electric, and cable on site.
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
$103
HOA Dues
$15
Year Built
-

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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 #24048332)

Price History

Date / Event Date Event Price
Oct 24, 2024 Sold
Premium
Sold
Sep 12, 2024 Listed by RE/MAX IRISH HILLS REALTY $190,000
Listed by RE/MAX IRISH HILLS REALTY
Jun 30, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 29
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,462
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILGAL POINTE
  • Land Acres: 0000000860
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 61, GILGAL POINTE SITE CONDO

Neighborhood

  • School District Name: Onsted Community Schools
  • School Tax School District: SCH: 46110
  • Census Tract: 060301

Geography

  • District: FR0
  • Parcel: FR0-822-0610-00
  • Municipality: FRANKLIN TWP
  • Latitude: 42.002
  • Longitude: -84.1296

    Address

  • Full Address: 8273 Odowling
  • Legal Unit: 61
  • Address - House Number: 8273
  • Address - Street Name: Odowling
  • State: MI
  • City Name: Onsted
  • Carrier Code: R002
  • 4-Digit Zip Code: 9490
  • Zip Code: 49265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $114,534

    Appraisal Valuation

  • Standard Deviation: 0.1116
  • Valuation Date: Jul 14, 2022
  • Confidence Score: 88
  • Final Value: 119,611
  • High Value: 132,967
  • Low Value: 106,256

    Market Valuation

  • Market Total Value: $49,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,800

    Sales

  • Current Sale Contract Date: Jun 08, 2005
  • Current Sale Recording Date: Jun 30, 2005
  • 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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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 9919 Sand Lake Highway, Onsted, MI, 49265

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,932 ft²
9919 Sand Lake Highway, Onsted, MI, 49265 Listing by JENIFER SCANLON

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mark Riggle, RE/MAX IRISH HILLS REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24048332
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 8273 O'dowling Drive built and last sold?
The property at 8273 O'dowling Drive was built in and last sold on Jun 8, 2005 for $122,000.
How much is this home worth?
The estimated value of the home located at 8273 O'dowling Drive is $0.
What are some comparable homes to 8273 O'dowling Drive?
There are currently no comparable homes to 8273 O'dowling Drive.
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