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Berrien 49103
10507 Hill Point
$225,000
● House - Off Market

10507 Hill Point

Berrien Springs, MI 49103
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,856 Ft²
$1,658
Est. Monthly
$16
HOA / Fees
6.47%
Cap Rate

About This Property

A unique home located in a fine quiet location. 4 bedrooms with 4 bathrooms, hilltop location. Truely a home to consider. Andrews University is a couple of miles away and shopping at your favorite stores is within 20 miles in South Bend--and of course Notre Dame territory. Apple Valley Market and Hardings for your daily grocery needs are about 3 miles. Truely a fine home and location.
Unit Size
2,856 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$104
Property Type
House
Property Taxes
$183
HOA Dues
$16
Year Built
1996

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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 #23025890)

Price History

Date / Event Date Event Price
Apr 18, 2024 Sold
Premium
Sold
Jul 20, 2023 Listed by McLauchlin Realty, Inc. $297,000
Listed by McLauchlin Realty, Inc.
Nov 26, 1993 Sold
Premium
Sold
Jun 12, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,428
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,330
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY ACRES 2
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 84, COUNTRY ACRES NO. 2.

Neighborhood

  • School District Name: Berrien Springs Public Schools
  • School Tax School District: BERRIEN SPRINGS
  • Census Tract: 021400

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 027-1
  • District: 15
  • Parcel: 15-1260-0084-00-3
  • Lot: 84
  • Municipality: ORONOKO TWP
  • Latitude: 41.9286
  • Longitude: -86.3887

    Address

  • Full Address: 10507 Hill Pt
  • Legal Unit: 84
  • Address - House Number: 10507
  • Address - Street Name: Hill
  • Address - Suffix Type: Pt
  • State: MI
  • City Name: Berrien Springs
  • Carrier Code: R001
  • 4-Digit Zip Code: 9726
  • Zip Code: 49103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,072

    Appraisal Valuation

  • Standard Deviation: 0.1019
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 90
  • Final Value: 314,192
  • High Value: 346,222
  • Low Value: 282,163

    Market Valuation

  • Market Total Value: $247,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,700

    Sales

  • Current Sale Contract Date: Nov 26, 1993
  • Current Sale Recording Date: Nov 26, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 12, 1985
  • Previous Sale Contract Date: Jun 12, 1985
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: 27
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:

$324,950

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: Howard McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23025890
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 10507 Hill Point built and last sold?
The property at 10507 Hill Point was built in 1996 and last sold on Nov 26, 1993 for $24,500.
How much is this home worth?
The estimated value of the home located at 10507 Hill Point is $0.
What are some comparable homes to 10507 Hill Point?
There are currently no comparable homes to 10507 Hill Point.
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