$525,000
●
House -
Off Market
9886 Weko Drive
Bridgman, MI 49106
3 Beds
4 Baths,
1
Half Bath
3,962 Ft²
$3,154
Est. Monthly
4.74%
Cap Rate
About This Property
This is a one owner home located in beautiful Waco Dunes,
surrounded by mature trees & nature preserve. This owner built the
home. A Unique art glass welcomes you at the entry along with a
garden room & sweeping views. Two story ceilings and spacious open
kitchen are just some of the delights. Walk out lower living room
with one bedroom, full bath & wine cellar make this a year round
entertainment home. Master bedroom with fireplace and enormous bath
& sky lights on separate level welcome privacy. Main floor has its
own bedroom with attached bath and study. Hardwood floors
throughout, with large decks and 2 car attached garage. Short walk
to one of the best beaches in Southwest Michigan.
Unit Size
3,962 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1994
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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: 2 years ago (MichRIC MLS #14033375)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed by @properties Christie's International R.E. | $670,000 | |
| Listed by @properties Christie's International R.E. | |||
| | |||
|
LOOK! 3 story home sits on top of the Dune with seasonal views of Lake.
Decking on every level, as if you are in the treetops. Natural light in every room. (skylights and windows galore)
Main floor has vaulted ceilings, Great room with wood burning fireplace, dining area, laundry, Kitchen with large island and cabinets galore, atrium, En-suite bedroom, 2nd bedroom utilized as office-den. Leading up the sweeping staircase opens up to a huge SUITE with sitting area and fireplace, leads out to private deck. Huge master closet and French doors leading into spa-like bathroom with waterfall marble.
Make your way down the wide staircase lower level, Livingroom, en-suite bed, (wine cellar-playroom) also leads out to decking. Community pool and tennis courts. Make appt today will not last
| |||
| Feb 27, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2018 | Listed by Farley Real Estate, Inc. | $445,000 | |
| Listed by Farley Real Estate, Inc. | |||
| Jun 13, 2014 | Listed by Farley Real Estate, Inc. | $525,000 | |
| Listed by Farley Real Estate, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Bridgman
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Listed by: Judith Dillon-Farley, Farley Real Estate, Inc.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14033375
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.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14033375
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