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Douglas 49406
125 S Mixer Street
$411,000
● House - Off Market

125 S Mixer Street

Douglas, MI 49406
bedrooms
2 Beds
bathrooms
2 Baths
square feet
754 Ft²
$2,407
Est. Monthly
2.17%
Cap Rate

About This Property

Charming cottage, ideal for a summer rental or second home retreat! This delightful property offers a cozy atmosphere with a charming fireplace, two comfortable bedrooms, and inviting living spaces. The outdoor patio is perfect for enjoying warm summer days and evenings, whether you're relaxing or entertaining. Priced to sell, this listing is an incredible value. Plus, you'll be just a few blocks from shops, restaurants, and the waterfront-convenience at its best!
Unit Size
754 Ft²
Days on Market
32 days
Land Size
0.15 acres
Price per sqft
$515
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1867

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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: 2 years ago (MichRIC MLS #25013298)

Price History

Date / Event Date Event Price
May 5, 2025 Sold
Premium
Sold
Apr 7, 2025 In contract -
In contract
Apr 3, 2025 Listed by RE/MAX Saugatuck-Douglas $388,667
Listed by RE/MAX Saugatuck-Douglas
Jan 23, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 1867
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 6,534
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 660
  • Total Building Area: 754
  • Building Area: 754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 754
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINLAYS ADD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 6 FINLAY'S ADDITION.

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: SAUGATUCK
  • Census Tract: 030800

Zoning

  • Zoning: R-3 NBHD C

Geography

  • District: 59
  • Parcel: 59-250-006-00
  • Lot: 6
  • Municipality: DOUGLAS CITY
  • Latitude: 42.6413
  • Longitude: -86.2031

    Address

  • Full Address: 125 Mixer St
  • Address - House Number: 125
  • Address - Street Name: Mixer
  • Address - Suffix Type: St
  • State: MI
  • City Name: Douglas
  • Carrier Code: R777
  • 4-Digit Zip Code: 5223
  • Zip Code: 49406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $540,159

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 72
  • Final Value: 268,944
  • High Value: 306,475
  • Low Value: 231,412

    Market Valuation

  • Market Total Value: $220,400
  • Market Land Value: $125,000
  • Market Improvement Value: $95,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,200
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $47,700

    Sales

  • Current Sale Contract Date: Oct 27, 2003
  • Current Sale Recording Date: Jan 23, 2004
  • 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 Douglas

Stats & Trends

Median Asking:

$744,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2243 ft²

Average Home Age

48 years

Currently For Sale

21 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: Richard P Waskin, RE/MAX Saugatuck-Douglas
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25013298
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 125 Mixer Street built and last sold?
The property at 125 Mixer Street was built in 1867 and last sold on Oct 27, 2003 for $105,000.
How much is this home worth?
The estimated value of the home located at 125 Mixer Street is $387,071.
What are some comparable homes to 125 Mixer Street?
There are currently no comparable homes to 125 Mixer Street.
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