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Berrien 49022
1098 Fort Road
$355,000
● House - Off Market

1098 Fort Road

Benton Harbor, MI 49022
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,323 Ft²
$2,068
Est. Monthly
7.92%
Cap Rate

About This Property

Great location just a five minute stroll to Lake Michigan, a five minute drive to downtown St. Joe, and Lake Michigan views from your primary bedroom!  This well cared for home could be lived in as is, or would be an amazing way to invest some sweat equity and really spruce it up.  Plenty of natural light shows off the large, cathedral living room, and is begging for a gorgeous Christmas tree this winter.  The family room is the perfect place to kick back and watch the Lions play, and the sun room off of the back is a great way to enjoy all of the seasons without having to go out.  Beautiful wood accents are weaved throughout the home. All bedrooms are upstairs, giving them the best bird's eye view of the lake, and even better - the primary suite has a balcony made for watching sunsets.
Unit Size
2,323 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$161
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1964

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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 #24058387)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Dec 3, 2024 In contract -
In contract
Nov 7, 2024 Listed by Miller Real Estate $375,000
Listed by Miller Real Estate
Feb 26, 1999 Sold
Premium
Sold
Aug 17, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 663
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,489
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,295
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 23 LAKEWOOD PARK

Neighborhood

  • School District Name: Benton Harbor Area Schools
  • School Tax School District: BENTON HARBOR
  • Census Tract: 002500

Zoning

  • Zoning: A2 SING FA

Geography

  • Assessors Map Reference: 212-3
  • District: 03
  • Parcel: 03-4470-0023-00-8
  • Lot: 23
  • Municipality: BENTON TWP
  • Latitude: 42.1343
  • Longitude: -86.4637

    Address

  • Full Address: 1098 Fort Rd
  • Legal Unit: 23
  • Address - House Number: 1098
  • Address - Street Name: Fort
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Benton Harbor
  • Carrier Code: C004
  • 4-Digit Zip Code: 3502
  • Zip Code: 49022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $158,985

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 285,055
  • High Value: 350,945
  • Low Value: 219,165

    Market Valuation

  • Market Total Value: $228,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 1999
  • Current Sale Recording Date: Feb 26, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 17, 1996
  • Previous Sale Contract Date: Aug 17, 1996
  • Previous Sale Amount: $100
  • 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:

$320,000

Sale Price/ft²

$186

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2042 ft²

Average Home Age

59.5 years

Currently For Sale

590 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: Faith Carpenter, Miller Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24058387
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 1098 Fort Road built and last sold?
The property at 1098 Fort Road was built in 1964 and last sold on Feb 26, 1999 for $92,000.
How much is this home worth?
The estimated value of the home located at 1098 Fort Road is $0.
What are some comparable homes to 1098 Fort Road?
There are currently no comparable homes to 1098 Fort Road.
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