$800,000
●
House -
Off Market
611 Campbell Road
Douglas, MI 49406
4 Beds
3 Baths
2,278 Ft²
$887,091
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Looking for that perfect home in Saugatuck/Douglas close to
everything? Located within walking distance to Lake Mi and a nice
bike ride to downtown for shopping and dining. This property comes
with a wonderful 3 bed 2 bath main home and a 1 bed 1bath guest
cottage. Situated nicely with great landscaping and plenty of
privacy. Both homes are in excellent condition and recently updated
and painted inside and out. Main home has an open side porch and a
large screened porch both perfect for morning coffee, afternoon
naps or outside dining. The kitchen has been updated with quartz
countertops and stainless steel appliances. The adorable guest
cottage has its own screened porch as well. inside the high
ceilings and open concept steal the show. Currently being used as a
successful income property
Unit Size
2,278 Ft²
Days on Market
56 days
Land Size
0.28 acres
Price per sqft
$373
Property Type
House
Property Taxes
$744
HOA Dues
-
Year Built
1937
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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 months ago (MichRIC MLS #22051661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Coldwell Banker Woodland Schmidt | $899,900 | |
| Listed by Coldwell Banker Woodland Schmidt | |||
| | |||
|
Welcome to the Good life. Lake Michigan Beaches within a few hundred feet. Boutique shopping and restaurants close by. This charming property features a private lot with lush landscaping and plenty of privacy and a guest house. The main cottage has 3 bedrooms and 2 baths and guest cottage has 1 bed and 1 bath. Both are in excellent condition and have been freshly painted inside & out. Main home has an open side porch and a large screened porch both perfect for morning coffee, afternoon naps or alfresco dining. The adorable guest cottage has its own screened porch as well. Inside the high ceilings and open concept steal the show. This would make a great rental property. Furnishings are available to purchase separately.
| |||
| Mar 8, 2023 | Sold | ||
| Sold | |||
| Dec 30, 2022 | Listed by Jaqua Realtors | $849,000 | |
| Listed by Jaqua Realtors | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Saugatuck
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Listed by: Kimberly M Walker, Jaqua Realtors
Last Updated: 3 months ago
Data Source: MichRIC, MLS# 22051661
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: 3 months ago
Data Source: MichRIC, MLS# 22051661
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