$1,199,000
●
House -
Off Market
7978 Harbert Road
Harbert, MI 49115
5 Beds
4 Baths,
1
Half Bath
3,166 Ft²
$6,776
Est. Monthly
2.31%
Cap Rate
About This Property
Just steps from the beach this custom home, designed by a renowned
Chicago architect. Featured recently in Crains, this house is a
showplace. Custom commercial grade windows allow light to pour in
and open up to the outdoors to pull the lush landscape inward. 5
bedrooms on the upper level, 2 master suites. Open concept living
design on main level. Full basement for additional living space or
storage and a 2 car garage with lofted area that could be finished
in to more conditioned living space. All this comfort and space on
a large lot literally steps to the beach. A unique find in the
heart of Harbor Country!
Unit Size
3,166 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$379
Property Type
House
Property Taxes
$889
HOA Dues
-
Year Built
2003
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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: 2 years ago (MichRIC MLS #14043990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jun 26, 2022 | Listed by RE/MAX Harbor Country | $1,995,000 | |
| Listed by RE/MAX Harbor Country | |||
| | |||
|
Custom designed modern beach house. It feels like a secluded resort with the pool, hot tub, bocce ball court and 275 steps from the beach. This retreat is the escape you need. Fall asleep to waves breaking on the beach and in the morning walk to the bakery for coffee and donut. The living room, with fireplace and drop down movie screen, is a cozy spot in the winter months. With its walls of sliding-door glass, the house feels like a big screened-in porch. Inside is an open, lofted space with five bedrooms and three-and-a-half baths. . A screened porch provides a quiet space removed from the main living area. The expansive landscaping creates a year-round privacy. Most furnishings stay so you can enjoy the summer right away.
| |||
| Nov 30, 2015 | Sold | ||
| Sold | |||
| Jul 30, 2015 | Listed by RE/MAX Harbor Country | $999,000 | |
| Listed by RE/MAX Harbor Country | |||
| | |||
|
Custom designed beach house. Designed and owned by a renowned Chicago architect, it’s 275 steps from the beach. This retreat is the escape you need. Fall asleep to waves breaking on the beach and in the morning walk to Luisa’s for local fresh breakfast. Set in a forest of tulip poplars, beech, and pine trees --it has great space to entertain and host overnight guests. With its walls of sliding-door glass, the house feels like a big screened-in porch.
Inside is an open, lofted space with five bedrooms and two-and-a-half baths. Conceived as a year-round, low-maintenance house, with corrugated aluminum and black aluminum trim for the exterior, creating a glass and metal space that could open to the outdoors. A screened porch provides a quiet space removed from the main living area.
| |||
| Jul 20, 2014 | Listed by Berkshire Hathaway HomeServices Chicago | $1,199,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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Property Highlights
Air Conditioning
Fireplace
Garage
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: Charles Heaver, Berkshire Hathaway HomeServices Chicago
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14043990
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# 14043990
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