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Shorewood-Tower Hills-Harbert 49125
6527 Gandy Lane
$219,000
● House - Off Market

6527 Gandy Lane

Sawyer, MI 49125
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
980 Ft²
$321,383
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Furnished, 2 bedroom cottage on a naturally beautiful 1.6 acre property in Sawyer. Lake side of the Red Arrow on a private lane with only 1 other house on it = Little to no traffic.  Chikaming township beach access and very near the Warren Dunes state park.  Great little weekend retreat with plenty of outdoor area, privacy and even a creek flowing past.  Easy to love and ready to enjoy! Everything you need is included. These kinds of places are becoming very hard to find anymore. Good rental option as well. Estate property, priced to sell.
Unit Size
980 Ft²
Days on Market
57 days
Land Size
1.60 acres
Price per sqft
$223
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #19020353)

Price History

Date / Event Date Event Price
Jul 10, 2019 Sold
Premium
Sold
May 14, 2019 Listed by Carol Brychta & Co. R.E. $219,000
Listed by Carol Brychta & Co. R.E.
Jul 26, 1984 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Depth Feet: 1,750
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 859.27'N OF SE COR SEC 3 T7S R20W TH W 350'TH N 290'TO C/L CREEK TH SELY ON CREEK TO E LINE OF SEC TH S TO BEG

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011201

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 003-3
  • District: 07
  • Parcel: 07-0003-0004-00-8
  • Meridian: SEC 03 TWN 07S RNG 20W
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8881
  • Longitude: -86.6099

    Address

  • Full Address: 6527 Gandy Ln
  • Address - House Number: 6527
  • Address - Street Name: Gandy
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Sawyer
  • Carrier Code: R001
  • 4-Digit Zip Code: 9124
  • Zip Code: 49125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $687,792

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 463,906
  • High Value: 559,087
  • Low Value: 368,726

    Market Valuation

  • Market Total Value: $606,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,400

    Sales

  • Current Sale Contract Date: Jul 12, 1993
  • Current Sale Recording Date: Jul 12, 1993
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 26, 1984
  • Previous Sale Contract Date: Jul 26, 1984
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 27
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 Shorewood-Tower Hills-Harbert

Stats & Trends

Median Asking:

$687,000

Sale Price/ft²

$435

Below Asking

0.04%

Average Days on Market

55

Average Home Size

2540 ft²

Average Home Age

37.4 years

Currently For Sale

14 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

Unit for rent at 13743 Big Oak Lane, Harbert, MI, 49115

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
13743 Big Oak Lane, Harbert, MI, 49115 Listing by Aris Kubash

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Timothy D Brychta, Carol Brychta & Co. R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 19020353
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 6527 Gandy Lane built and last sold?
The property at 6527 Gandy Lane was built in 1950 and last sold on Jul 12, 1993 for $0.
How much is this home worth?
The estimated value of the home located at 6527 Gandy Lane is $229,484.
What are some comparable homes to 6527 Gandy Lane?
There are currently no comparable homes to 6527 Gandy Lane.
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