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Saugatuck 49453
852 Newnham Street
$2,560,000
● House - Off Market

852 Newnham Street

Saugatuck, MI 49453
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,768 Ft²
$14,303
Est. Monthly
0.26%
Cap Rate

About This Property

108'' of Prime Gold Coast frontage on the Kalamazoo River! This custom home built by Custom Carpentry spares no expenses. New sea wall with a 45'' dock,. Multiple spaces for boats of your choice. 3 could be 5 bedroom and 3..5 bath open concept luxury estate. Enter the Mesquite custom front door into a grand open concept living area with fireplace, porcelain tile, Quartz countertops, & custom kitchen with all the best finishes and appliances. An amazing walk to town location in the heart of Saugatuck.
Unit Size
2,768 Ft²
Days on Market
346 days
Land Size
0.19 acres
Price per sqft
$970
Property Type
House
Property Taxes
$1,119
HOA Dues
-
Year Built
2013

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Cap Rate Calculator

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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 #23029504)

Price History

Date / Event Date Event Price
Jul 22, 2024 Sold
Premium
Sold
Jun 25, 2024 In contract -
In contract
Aug 11, 2023 Listed by Jaqua Realtors $2,685,000
Listed by Jaqua Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,768
  • Building Area: 2,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KALAMAZAOO
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 26 FT OF LOT 238 ALSO LOT 239 ALSO NE'LY 16 FT OF LOT 240 KALAMAZOO PLAT (2013).

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: SAUGATUCK
  • Census Tract: 030801

Zoning

  • Zoning: CR-COMM RE

Geography

  • District: 57
  • Parcel: 57-300-226-00
  • Lot: 238-240
  • Municipality: SAUGATUCK CITY
  • Latitude: 42.6619
  • Longitude: -86.2038

    Address

  • Full Address: 852 Newnham St
  • Address - House Number: 852
  • Address - Street Name: Newnham
  • Address - Suffix Type: St
  • State: MI
  • City Name: Saugatuck
  • Carrier Code: R002
  • 4-Digit Zip Code: 9429
  • Zip Code: 49453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 2,106,721
  • High Value: 2,521,892
  • Low Value: 1,691,551

    Market Valuation

  • Market Total Value: $1,642,600
  • Market Land Value: $788,400
  • Market Improvement Value: $854,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $821,300
  • Assessed Land Value: $394,200
  • Assessed Improvements Value: $427,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 07, 1999
  • Current Sale Recording Date: Oct 07, 1999
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1
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 Saugatuck

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$493

Below Asking

0.04%

Average Days on Market

64

Average Home Size

2525 ft²

Average Home Age

69.3 years

Currently For Sale

12 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: Patrick Shanahan, Jaqua Realtors
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23029504
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 852 Newnham Street built and last sold?
The property at 852 Newnham Street was built in 2013 and last sold on Oct 7, 1999 for $0.
How much is this home worth?
The estimated value of the home located at 852 Newnham Street is $2,622,967.
What are some comparable homes to 852 Newnham Street?
There are currently no comparable homes to 852 Newnham Street.
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