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Berrien 49116
9202 Kruse Street
$650,000
● House - Off Market

9202 Kruse Street

Lakeside, MI 49116
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,527 Ft²
$3,272
Est. Monthly
$17
HOA / Fees
5.95%
Cap Rate

About This Property

This beach bungalow has been enjoyed by the same family for fifty years. Located in desirable Lakeside, the four-bedroom cottage is the perfect place to start making your own Michigan memories. The living room and dining room are great open spaces. The sunroom is where you will spend most of the summer and fall. With EZ breeze windows, it makes the room usable for most of the year. Deeded lake access is 500 feet from the house so sunshine and sunsets are a few minutes away.
Unit Size
1,527 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$393
Property Type
House
Property Taxes
$308
HOA Dues
$17
Year Built
1950

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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 #24052764)

Price History

Date / Event Date Event Price
Nov 6, 2024 Sold
Premium
Sold
Oct 7, 2024 Listed by RE/MAX Harbor Country $600,000
Listed by RE/MAX Harbor Country
Jul 5, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7,187
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,636
  • Building Area: 1,636
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,636
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUPERVISORS PLAT OF ORCHARD BEACH
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 8 SUPERVISOR'S PLAT OF ORCHARD BEACH

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011201

Geography

  • Assessors Map Reference: 019-3
  • District: 07
  • Parcel: 07-5620-0008-00-9
  • Lot: 8
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8459
  • Longitude: -86.6752

    Address

  • Full Address: 9202 Kruse St
  • Legal Unit: 8
  • Address - House Number: 9202
  • Address - Street Name: Kruse
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lakeside
  • Zip Code: 49116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318,563
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 67
  • Final Value: 605,636
  • High Value: 746,493
  • Low Value: 464,779

    Market Valuation

  • Market Total Value: $384,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,100

    Sales

  • Current Sale Contract Date: Jul 05, 2001
  • Current Sale Recording Date: Jul 05, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 02, 1999
  • Previous Sale Contract Date: Mar 02, 1999
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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 15300 Red Arrow Highway, Lakeside, MI, 49116

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 4,590 ft²
15300 Red Arrow Highway #3, Lakeside, MI, 49116 Listing by Nathan Blosl

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Maureen Culp, RE/MAX Harbor Country
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24052764
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 9202 Kruse Street built and last sold?
The property at 9202 Kruse Street was built in 1950 and last sold on Jul 5, 2001 for $100.
How much is this home worth?
The estimated value of the home located at 9202 Kruse Street is $0.
What are some comparable homes to 9202 Kruse Street?
There are currently no comparable homes to 9202 Kruse Street.
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