8764 Garbow Drive SE
Alto, MIThis property is utilized as a vacation rental with a 20% ROI and if you use the income approach the value is solid. It produces over 200k a year in revenues. We are primarily interested in selling to a buyer who would plan to rent it out. We have a vacation rental company that will rent this location with over 30k clients and over 20 properties. The cottage next door produces over 30k in revenue and would prefer to sell them together for an additional 225k. Owner is a licensed Realtor in the State of Michigan.
Pending
- Price
- $ 1,050,000
- Lot Size
- 5,227 SqFt
- Bedrooms
- 8
- Sqr Footage
- 7,836
- Full Bathrooms
- 3
- Year Built
- 2005
- Half Bathrooms
- 2
- City, Zip
- Alto
- Taxes
- 10129
- County
- KENT
- Style
- Area
- Caledonia Twp
- MLS#
- 20033711
- Zip
- 49302
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,068
Per MonthBased on the average sale price from the Edwardsburg, MI office
- Monthly Principal & interest $1,939
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
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Price History
Property vs Zip Code Average in 49302
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8764 Garbow Drive SE Alto, MI is a Single Family Home for sale at $1050000 with 7836 sqft and a lot size of 5,227 SqFt Acre(s). 8764 Garbow Drive SE Alto has 8 bedrooms, 3 baths and was built in 2005. The property's zip code is 49302 which is in Alto, MI
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.