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Berrien 49116
8546 1st Lane
$725,000
● House - Off Market

8546 1st Lane

Lakeside, MI 49128
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,140 Ft²
$726,216
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Closer to the beach than homes that cost twice as much in Union Pier; is this gem of a cottage in LAKESIDE MICHIGAN! Down a private lane you'll find this updated 3 bedroom, 2 bath home that is just 4 blocks to the beach!  A beach day isn't in your plans? You'll certainly make use of the heated pool and extensive decking in the private gardens. Cozy up to the fireplace in the living room in the snowy season after your hike in the several parks and preserves nearby. A screen porch for dining, entertaining and relaxation. You'll love the studio, it's ready to be transformed into a tiny house, cabana, art studio, or whatever your imagination can bring. Terrific rental history too! Avoid the crowded lakefront, come here to relax, stretch out and still hear the waves! Great rental history!!!!
Unit Size
2,140 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$339
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1960

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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: 3 years ago (MichRIC MLS #23016443)

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold
Premium
Sold
May 19, 2023 Listed by @properties Christie's International R.E. $725,000
Listed by @properties Christie's International R.E.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,570
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,310
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND HEIGHTS
  • Land Acres: 0000000587
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 69 & 70 WOODLAND HEIGHTS

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011201

Geography

  • Assessors Map Reference: 020-1
  • District: 07
  • Parcel: 07-8650-0069-00-6
  • Lot: 69-70
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8513
  • Longitude: -86.6596

    Address

  • Full Address: 8546 1st Ln
  • Address - House Number: 8546
  • Address - Street Name: 1st
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Three Oaks
  • Carrier Code: R001
  • 4-Digit Zip Code: 9782
  • Zip Code: 49128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,906

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 617,653
  • High Value: 744,379
  • Low Value: 490,928

    Market Valuation

  • Market Total Value: $305,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,800

    Sales

  • Current Sale Contract Date: Feb 27, 2006
  • Current Sale Recording Date: Mar 21, 2006
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 10, 2003
  • Previous Sale Contract Date: Dec 11, 2002
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2075 ft²

Average Home Age

59.4 years

Currently For Sale

572 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

Rentals Near You

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MichRIC

Listed by: Mario Zarantenello, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23016443
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 8546 1st Lane built and last sold?
The property at 8546 1st Lane was built in 1960 and last sold on Feb 27, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 8546 1st Lane is $717,508.
What are some comparable homes to 8546 1st Lane?
There are currently no comparable homes to 8546 1st Lane.
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