$392,000
●
House -
Off Market
6240 S State Street
Saline, MI 48176
3 Beds
2 Baths
1,885 Ft²
$403,013
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Have the best of both worlds' w/a country setting yet located close
to all city conveniences, freeways & Saline Schools.
Well-built 1254 sq ft ranch has 3 bedrms & 2 bths, formal DR,
sunroom, fin w/o bsmnt, 2 car+ gar w/workshop & 1 acre lot. Large
LR w/8ft bow window & coved ceilings. Functional kitchen w/36'
cabinets, desk, newer stainless appliances/sink. Pantry w/pull out
drawers. Formal DR w/bay window seating. Bedroom's (1 w/ceiling
fan) are of adequate size. Primary bedroom w/ceiling fan & French
drs opens to sunroom. Live year-round in the sun-filled
West-facing, tiled sunroom w/stone gas fpl accented w/knotty pine
walls & track lighting. Updated tiled bathrooms. Hardwood flrs in
LR & 2 bedrooms. Patterned tiled flooring in DR & kitchen. Fin
bsmnt w/tons of built-in cabinets & ext extra bedroom. Perfect for
business office space. Large storage area. Laundry rm w/cabinets.
Extra fridge & freezer. C/A. Whole house wood stove. Tastefully
landscaped 1 acre lot w/large trees & privacy fence. Custom
double-gated, Mandala & star pattern brick paver driveway
(including walkways) is a work of art. Sprinkler system for the
gardens. Custom-built basketball, volleyball courts & playscape.
776 sq ft treated wood deck w/newer hot tub., Rec Room: Finished
Unit Size
1,885 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$212
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1958
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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 #23090038)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2023 | No longer available | - | |
| No longer available | |||
| May 25, 2023 | In contract | - | |
| In contract | |||
| May 15, 2023 | Listed by KW Realty Livingston | $400,000 | |
| Listed by KW Realty Livingston | |||
| | |||
|
Absolutely amazing setting for this spacious ranch home ideally located just 10 minutes from the U of M central campus and downtown Ann Arbor. Gorgeous one-acre treed lot with a large 776 sq. ft. deck overlooking the beautiful fenced backyard. 2,098 total finished sq. ft. including the finished walkout basement. In the basement you’ll find a large living area with an abundance of built-in storage/desks as well as a non-conforming 4th bedroom, exercise/flex room and laundry room. The sunroom off the back of the home is a great flex space and has a stone gas fireplace. Cove ceilings and hardwood flooring in the living room. The hardwood floors extend through the hallway and in 2 of the 3 main floor bedrooms. The primary bedroom suite has double doors that open to the sunroom. Spacious kitchen and dining area has tile flooring, abundant cabinet and counter space and stainless appliances. Recently expanded and updated bathroom has 2 sinks, tile flooring and shower. The 2-car detached garage is 21’x25’ PLUS a 20’x21’ attached workshop off the back. The manager has listed the unit size as 1448 square feet.
| |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Jan 31, 2022 | Listed by Key Realty One LLC | $399,900 | |
| Listed by Key Realty One LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Washtenaw
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Listed by: Michael C Price, Key Realty One LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23090038
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 years ago
Data Source: MichRIC, MLS# 23090038
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