$150,000
●
House -
Off Market
5902 WOLF LAKE RD
Grass Lake, MI 49240
3 Beds
2 Baths
1,865 Ft²
$243,272
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Value Packed 3 BR 2 Bath (2/1 Up, 1/1 Handicap Accessible Dn) 1-1/2
Story chalet style home with 3+Car Attached Garage with Bonus
Spaces above, large kitchen, and wide concrete driveway/parking
area. Fantastic Sun Room and large trellissed brick patio. Newer
roof and boiler (for baseboard heat) but has independent central
air. Electricity to shed and RV/camper spot. Home used to
have whole house solar power collection system but it has been
removed, but the sun room still enjoys great passive solar and
thermal mass design benefits. Nice wood burning unit in
Living Room with slate hearth. Unique home just waiting for
your refreshing touches. Napoleon schools.
Unit Size
1,865 Ft²
Days on Market
35 days
Land Size
0.42 acres
Price per sqft
$86
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
-
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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: 9 months ago (MichRIC MLS #21052629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Keller Williams Ann Arbor | $289,000 | |
| Listed by Keller Williams Ann Arbor | |||
| | |||
|
This newly renovated 3 bed, 2.5 bath home with a 3 car garage located in Grass Lake is just minutes to the Big & Little Wolf Chain of Lakes, PLUS room for your RV with electrical hookup. Enjoy the 1st floor primary with separate access and attached bath. Upstairs enjoy 2 additional bedrooms with another full bathroom. Kick back after a long day of work in the sun-filled 29X12 3 season room! Looking for storage? Don't forget about the spacious room above the 3 car garage! A home with a 3 car garage, RV Hookup, 1st floor bedroom, AC and all this storage doesn't come around too often!, Primary Bath
| |||
| Jun 16, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by The Charles Reinhart Company | $169,900 | |
| Listed by The Charles Reinhart Company | |||
| | |||
|
Minutes to the Big & Little Wolf Chain of Lakes PLUS room for your RV with electrical hookup, stop on by and check out this adorable 3 Bed, 2 Full Bath w/ 3 car garage home!! Enjoy the 1st floor bedroom with separate access and handicap bathroom, helpful for those needing assistance. Upstairs enjoy 2 additional bedrooms with another full bathroom. Kick back after a long day of work in the sun-filled 29X12 3 season room! Looking for storage? Don't forget about the spacious room above the 3 car garage! Check out the deep driveway, a perfect place for your boat until the weekend arrives! A home with a 3 car garage, RV Hookup, 1st floor bedroom, AC and all this storage doesn't come around too often! Hurry before it's too late!!
| |||
| Jan 29, 2020 | Sold | ||
| Sold | |||
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Property Highlights
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About Jackson
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Listed by: LARRY WETHERBY, RE/MAX MID-MICHIGAN-BROOKLYN
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 21052629
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: 9 months ago
Data Source: MichRIC, MLS# 21052629
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