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Berrien
16088 Cardinal Lane
$525,000
● House - Off Market

16088 Cardinal Lane

Union Pier, MI 49129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,261 Ft²
$532,195
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautifully, rehabbed Union Pier cottage from the top to the bottom not a single old wall remains. On a 3/4 acre, corner large lot for a family compound or a pool. Lovely 3 bedroom, 2 bath with hardwood floors. Sliding doors in dining area opens to a wrap around porch. 4 car garage for cars and/or toys, 2 car attached and 2 car detached.  Large workshop or man cave! You will love this truly delightful home.
Unit Size
1,261 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$416
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
2007

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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 #22003199)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Feb 2, 2022 Listed by Keller Williams Realty SWM $525,000
Listed by Keller Williams Realty SWM

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 7
  • Garage Square Area: 1,440
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 2,550
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 198'E OF SW COR OF SE1/4 OF SW 1/4 FRL SEC 30 T7S R20W TH E 130' TH N00DEG26'29"E 254.33' (REC AS N 255') TH

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011201

Geography

  • Assessors Map Reference: 030-4
  • District: 07
  • Parcel: 07-0030-0063-04-4
  • Meridian: SEC 30 TWN 07S RNG 20W
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8283
  • Longitude: -86.6819

    Address

  • Full Address: 16088 Cardinal Ln
  • Address - House Number: 16088
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Union Pier
  • Carrier Code: R001
  • 4-Digit Zip Code: 9355
  • Zip Code: 49129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $625,737

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 637,074
  • High Value: 767,784
  • Low Value: 506,364

    Market Valuation

  • Market Total Value: $507,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,900

    Sales

  • Current Sale Contract Date: Apr 24, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 352541
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

2025 ft²

Average Home Age

59.5 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

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: Peter G Rahm, Keller Williams Realty SWM
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22003199
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 16088 Cardinal Lane built and last sold?
The property at 16088 Cardinal Lane was built in 2007 and last sold on Apr 24, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 16088 Cardinal Lane is $0.
What are some comparable homes to 16088 Cardinal Lane?
There are currently no comparable homes to 16088 Cardinal Lane.
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