$540,000
●
House -
For Sale
57225 M-62
Dowagiac, MI 49047
4 Beds
2 Baths
1,732 Ft²
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$2,950
Est. Monthly
About This Property
Hunters and nature lovers check out this beautiful 64 +/- acres
with approximately 3,800 feet along the Dowagiac Creek and
conveniently located between Dowagiac and Cassopolis in Southwest
Michigan. This lovely 4-bedroom, 2-bath home offers a spacious
setting and an open, functional layout. The main level features
three bedrooms, including a primary bedroom with an attached bath,
a second full bathroom, laundry area, and fireplace in the living
area. The full basement includes a fourth bedroom with an egress
window, while the remaining unfinished space offers plenty of
possibilities for additional living space, a recreation room, a
bathroom, or storage. The property is subject to a conservation
easement, please contact us for more details.
Unit Size
1,732 Ft²
Days on Market
13 days
Land Size
64.00 acres
Price per sqft
$312
Property Type
House
Property Taxes
$298
HOA Dues
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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: 6 days ago (MichRIC MLS #26056860)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Listed by @properties Christie's International R.E. | $540,000 | |
| Listed by @properties Christie's International R.E. | |||
| Sep 15, 2017 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Hot Tub Spa
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Flooring Type: Laminate
Laundry Features: In Hall, Main Level
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 1732
Architectural Style: Ranch
Year Built: 2003
Waterfront Features: Stream
Waterbody Name: Dowagiac Creek
Building Area Total: 1622
Window Features: Replacement
Construction Materials: Vinyl Siding
Lot Size Area: 64
Lot Size Units: Acres
Lot Size Acres: 64
Lot Size Square Feet: 2787840
Lot Size Dimensions: Irregular
Water Source: Well
Financial Details
Tax Assessed Value: $143,663
Tax Annual Amount: $3,579
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Cass
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Listed by: Shelly Myers, @properties Christie's International R.E.
Last Updated: 6 days ago
Data Source: MichRIC, MLS# 26056860
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: 6 days ago
Data Source: MichRIC, MLS# 26056860
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