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Paw Paw Lake 49098
8624 High Street
$300,000
● House - Off Market

8624 High Street

Watervliet, MI 49098
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,662 Ft²
$589,196
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Paw Paw Lakefront Opportunity... Older Classic Lake Front House, 50' frontage awaits.  Update, Renovate or Build your dream house here.  Enjoy this captivating setting and wonderful views from the deck.  Lot features a seawall with grass area, nice lot with medium bluff plus extra lot across the street with 2 car garage.  Home offers a larger kitchen, open living area with full lake views, perfect for entertaining.  Family room has a wood burning fireplace.  Nice sandy bottom swim area.  Home is waiting for a new owner to enjoy everything that big Paw Paw Lake has to offer.  Paw Paw Lake is a 950 acre all sports lake located 2 hours from Chicago, 20 minutes to South Haven, Lake Michigan.  There is something magical about being on the lake.  Come and find out.
Unit Size
1,662 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$210
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1900

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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 #16022848)

Price History

Date / Event Date Event Price
Sep 21, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by @properties Christie's International R.E. $349,000
Listed by @properties Christie's International R.E.
Jun 12, 1984 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,925
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOTYS LANDING
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 9 DOTY'S LANDING

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: 011-3
  • District: 21
  • Parcel: 21-1600-0009-00-9
  • Lot: 9
  • Municipality: WATERVLIET TWP
  • Latitude: 42.2175
  • Longitude: -86.2496

    Address

  • Full Address: 8624 High St
  • Legal Unit: 9
  • Address - House Number: 8624
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MI
  • City Name: Watervliet
  • Carrier Code: R011
  • 4-Digit Zip Code: 9700
  • Zip Code: 49098

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $874,779

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 568,869
  • High Value: 685,585
  • Low Value: 452,153

    Market Valuation

  • Market Total Value: $485,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,600

    Sales

  • Current Sale Contract Date: Sep 15, 2016
  • Current Sale Recording Date: Sep 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 12, 1984
  • Previous Sale Contract Date: Jun 12, 1984
  • Previous Sale Amount: $54,500
  • Previous Sale Document Type: 27
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

0.03%

Average Days on Market

57

Average Home Size

1866 ft²

Average Home Age

57 years

Currently For Sale

22 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

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MichRIC

Listed by: Mark Wortman, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16022848
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 8624 High Street built and last sold?
The property at 8624 High Street was built in 1900 and last sold on Sep 15, 2016 for $300,000.
How much is this home worth?
The estimated value of the home located at 8624 High Street is $0.
What are some comparable homes to 8624 High Street?
There are currently no comparable homes to 8624 High Street.
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