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Ottawa 49424
579 Butternut Drive
$258,000
● House - Off Market

579 Butternut Drive

Holland, MI 49424
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,286 Ft²
$1,387
Est. Monthly
4.52%
Cap Rate

About This Property

Great home located on Holland's northside across from the elementary school! Move in ready and cute as a button. Start enjoying this home with 2 BR's each with a walk-in closet, 1 1/2 baths, and nice size kitchen with a door leading out an outside sitting deck which overlooks the huge backyard. Bright and cheerful dining room with large windows and open to the nice size living room with even more windows letting in plenty of daylight. Upstairs includes a large 2nd BR with additional room that could be used as an additional 3rd BR. Relax in the large front porch which is also a great place to entertain guests. A 1 stall detached garage has a 220 plug & 30 amp outlet for campers plus sewage access. Nicely landscaped yard with some apple and fruit trees during the warm seasons.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$194
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #24060634)

Price History

Date / Event Date Event Price
Jan 17, 2025 Sold
Premium
Sold
Nov 26, 2024 In contract -
In contract
Nov 22, 2024 Listed by Coldwell Banker Woodland Schmidt Saugatuck $249,900
Listed by Coldwell Banker Woodland Schmidt Saugatuck
Jan 24, 2017 Sold
Premium
Sold
Nov 29, 2016 Listed by Coldwell Banker Woodland Schmidt Saugatuck $124,900
Listed by Coldwell Banker Woodland Schmidt Saugatuck

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 29,185
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT MAPLE DRIVE SUB
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 6 EXC N'LY 15 FT MAPLE DRIVE SUB

Neighborhood

  • School District Name: West Ottawa Public School District
  • School Tax School District: WEST OTTAWA
  • Census Tract: 022208

Zoning

  • Zoning: R-2

Geography

  • District: 17
  • Parcel: 70-16-18-425-014
  • Block: 425
  • Lot: 6
  • Meridian: SEC 18 TWN 5 RNG 13
  • Municipality: HOLLAND TWP
  • Latitude: 42.8151
  • Longitude: -86.1237

    Address

  • Full Address: 579 Butternut Dr
  • Address - House Number: 579
  • Address - Street Name: Butternut
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Holland
  • Carrier Code: C042
  • 4-Digit Zip Code: 1507
  • Zip Code: 49424

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $141,379

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 246,519
  • High Value: 289,394
  • Low Value: 203,643

    Market Valuation

  • Market Total Value: $173,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2017
  • Current Sale Recording Date: Jan 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-0002897
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 Ottawa

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2240 ft²

Average Home Age

33.3 years

Currently For Sale

602 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: Kimberly Laaksonen, Coldwell Banker Woodland Schmidt Saugatuck
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24060634
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 579 Butternut Drive built and last sold?
The property at 579 Butternut Drive was built in and last sold on Jan 20, 2017 for $120,000.
How much is this home worth?
The estimated value of the home located at 579 Butternut Drive is $0.
What are some comparable homes to 579 Butternut Drive?
There are currently no comparable homes to 579 Butternut Drive.
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