$318,000
●
House -
Off Market
66989 Territorial Road
Lawrence, MI 49064
2 Beds
1 Bath
920 Ft²
$361,269
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Lakefront living at it's best on private Christie Lake! This
charming 2 bed/1 bath home also has a guest house with an
additional bedroom, bath and kitchenette for a total of 3 beds and
2 baths. The main house has been nicely updated with granite
countertops in kitchen and bath, SS appliances, attractive
tile and commercial grade flooring. It has an open living,
dining and kitchen area. Windows across the front provide
great lake vistas year round! Great patio in front is perfect
for entertaining and grilling. 61 feet o sandy water front. Offered
turn key with most furniture and furnishings included.
The aluminum dock and stairs ARE included. There are 2
jet skis and trailer available for $7500. Call today to come
see!
Unit Size
920 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$363
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1950
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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: 2 years ago (MichRIC MLS #21105219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by Realty Executives Instant Equity | $334,000 | |
| Listed by Realty Executives Instant Equity | |||
| Oct 1, 2013 | Sold | ||
| Sold | |||
| Aug 22, 2012 | Listed by Realty Executives Instant Equity | $199,000 | |
| Listed by Realty Executives Instant Equity | |||
| | |||
|
GREAT BUY!!! TWO COTTAGES FOR THE PRICE OF ONE! You will want to grab this deal before someone else does! Recently updated 2 bedroom cottage with GUEST HOUSE on 220 acre all sport Christie Lake. Kitchen features granite counter tops, stainless appliances and commercial grade flooring. Open living, dining and kitchen areas. Lovely bath with granite sink, tiled shower, and glass tile accents. Freshly painted. Windows in front room offer fabulous lake views. 400 sq ft guest house has its own bath and kitchen - perfect for guests or extended family! (Not included in sq ft) Updated features including high end water purifier, new A/C and many more. Open patio for grilling, entertaining, or sunbathing. Sandy Beach, concrete sea wall, two docks. Location offers some of the best views of the lake! Christie lake has no public access and great fishing. Located within 2 hrs of Chicago. Attractive furnishings may be available for separate sale Come see!!!
| |||
| Jul 15, 2011 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Van Buren
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Listed by: Kimberly Webb, Realty Executives Instant Equity
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 21105219
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: 2 years ago
Data Source: MichRIC, MLS# 21105219
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