$190,000
●
House -
Off Market
6573 Pine Lane
Sawyer, MI 49125
2 Beds
1 Bath
864 Ft²
$450,028
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model
About This Property
Tucked away on a private road, surrounded by mature trees on .85
acres (three lots) lies this intimate cottage. Short walk to the
back entrance of Warren Dunes to enjoy the Michigan sunsets. Close
to your friends in Shorewood Hills and Bethany Beach. Two bedrooms,
stone wood burning fireplace, vaulted ceilings, screened porch make
this a charming vacation and weekend get away. Charming, intimate
and private. Owner is a licensed Broker in the State of Michigan.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$242
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1953
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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 years ago (MichRIC MLS #12018037)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Aug 17, 2018 | Listed by @properties Christie's International R.E. | $259,500 | |
| Listed by @properties Christie's International R.E. | |||
| | |||
|
This charming cottage is nestled in the woods with soaring pine trees on nearly an acre. Features include two bedrooms, Great Room with vaulted ceiling and stone wood burning fireplace, kitchen with quartz countertops, wood floors and outdoor shower. Enjoy the summer breezes in the large screened porch overlooking rolling lawn, patio and fire pit. There is even a separate sleeping cottage! Enjoy the Lake Michigan beaches and sunsets, just a short walk to the rear entrance of the Warren Dunes. Minutes to the popular downtown Sawyer shops, Sawyer Garden Center and Green Bush Brewery. This well maintained retreat is beautiful in all seasons!
| |||
| Jun 3, 2016 | Sold | ||
| Sold | |||
| Mar 22, 2016 | Listed by Keller Williams Realty SWM | $229,500 | |
| Listed by Keller Williams Realty SWM | |||
| | |||
|
Imagine yourself in a cute cabin in the woods surrounded by mature trees on three lots and just a short walk to the back entrance of Warren Dunes to enjoy the Lake Michigan sunsets! Two Bedrooms, Quartz counter top, outdoor shower, stone fireplace, vaulted ceilings and a screened porch make this a charming weekend getaway. Close to wineries, breweries and Sawyer Garden Market. Parking pass with Chikaming for Cherry Beach also. Immaculate, bright and cheery will make a fun and cozy weekend retreat!
| |||
| Jun 29, 2012 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Shorewood-Tower Hills-Harbert
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Listed by: Robert Khoury, Olson Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12018037
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# 12018037
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