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Berrien
8280 Lake Road
$204,900
● House - Off Market

8280 Lake Road

Berrien Center, MI 49102
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$273,991
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

This home is almost brand new!

Professionally redone! New almost everything! Meticulous housekeeping, actually better than new.

Assumable UA 3.5% Mortgage as well!
Unit Size
1,352 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$152
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
2002

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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 #20033517)

Price History

Date / Event Date Event Price
Oct 12, 2020 Sold
Premium
Sold
Aug 17, 2020 Listed by McLauchlin Realty, Inc. $204,900
Listed by McLauchlin Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,300
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1016
  • County Land Use Code: 401
  • Legal Description 1: COM AT N1/4 PST SEC 11 T6S R17W TH N89DEG56'22''W 986.18' TH S00DEG00'03''E 980.47' TO POB TH N89DEG19'22''E 200' TH

Neighborhood

  • School District Name: Eau Claire Public Schools
  • School Tax School District: EAU CLAIRE
  • Census Tract: 010600

Zoning

  • Zoning: AGRI / RES

Geography

  • Assessors Map Reference: 011-1
  • District: 04
  • Parcel: 04-0011-0004-11-1
  • Meridian: SEC 11 TWN 06S RNG 17W
  • Municipality: BERRIEN TWP
  • Latitude: 41.9684
  • Longitude: -86.2553

    Address

  • Full Address: 8280 Lake Rd
  • Address - House Number: 8280
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Berrien Center
  • Carrier Code: R011
  • 4-Digit Zip Code: 9721
  • Zip Code: 49102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,184
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 70
  • Final Value: 296,364
  • High Value: 359,706
  • Low Value: 233,022

    Market Valuation

  • Market Total Value: $186,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 12, 2020
  • Previous Sale Contract Date: Oct 06, 2020
  • Previous Sale Amount: $204,900
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2075 ft²

Average Home Age

59.4 years

Currently For Sale

572 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

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MichRIC

Listed by: Howard McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20033517
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 8280 Lake Road built and last sold?
The property at 8280 Lake Road was built in 2002 and last sold on Oct 6, 2020 for $204,900.
How much is this home worth?
The estimated value of the home located at 8280 Lake Road is $0.
What are some comparable homes to 8280 Lake Road?
There are currently no comparable homes to 8280 Lake Road.
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