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Douglas 49406
6935 2nd Street
$880,000
● House - Off Market

6935 2nd Street

Douglas, MI 49406
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,112 Ft²
$5,455
Est. Monthly
1.39%
Cap Rate

About This Property

Great home located near Douglas Beach! 3 bedroom, 3 bath, soaring ceilings in the living room with hardwood flooring and expansive windows, and a wonderful 4 season room off the back.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$462
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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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 #24037860)

Price History

Date / Event Date Event Price
Sep 3, 2024 Sold
Premium
Sold
Jul 23, 2024 Listed by CENTURY 21 Affiliated $975,000
Listed by CENTURY 21 Affiliated
Jun 5, 2013 Sold
Premium
Sold
Dec 28, 2012 Listed by CENTURY 21 Affiliated $389,900
Listed by CENTURY 21 Affiliated
Jul 23, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,699
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT CTR OF SEC TH W 1192.45' TO C/L OF LAKESHORE DR TH S 20 DEG 40' W ON SD C/L 341.11' TH E 221.02' TO W LIN LOT 52 OF

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: SAUGATUCK
  • Census Tract: 030800

Zoning

  • Zoning: R-2 RESIDE

Geography

  • District: 59
  • Parcel: 59-017-098-30
  • Meridian: SEC 17 TWN 03N RNG 16W
  • Municipality: DOUGLAS CITY
  • Latitude: 42.6418
  • Longitude: -86.2254

    Address

  • Full Address: 6935 2nd St
  • Address - House Number: 6935
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Douglas
  • Carrier Code: R777
  • 4-Digit Zip Code: 5174
  • Zip Code: 49406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $776,729

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 65
  • Final Value: 744,659
  • High Value: 927,033
  • Low Value: 562,285

    Market Valuation

  • Market Total Value: $519,400
  • Market Land Value: $162,600
  • Market Improvement Value: $356,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $259,700
  • Assessed Land Value: $81,300
  • Assessed Improvements Value: $178,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2013
  • Current Sale Recording Date: Jun 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 23, 2004
  • Previous Sale Contract Date: Jul 15, 2004
  • Previous Sale Amount: $351,900
  • Previous Sale Document Type: 71
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 Douglas

Stats & Trends

Median Asking:

$744,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2243 ft²

Average Home Age

48 years

Currently For Sale

21 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 8 W Center Street, Douglas, MI, 49406

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 4,878 ft²
8 W Center Street #A, Douglas, MI, 49406 Listing by Molly Rettig

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Tammy L Kerr, CENTURY 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24037860
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 6935 2nd Street built and last sold?
The property at 6935 2nd Street was built in 1986 and last sold on May 24, 2013 for $375,000.
How much is this home worth?
The estimated value of the home located at 6935 2nd Street is $0.
What are some comparable homes to 6935 2nd Street?
There are currently no comparable homes to 6935 2nd Street.
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