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Calhoun 49068
1121 Orchard Drive
$113,000
● House - Off Market

1121 Orchard Drive

Marshall, MI 49068
bedrooms
2 Beds
bathrooms
1 Bath
square feet
945 Ft²
$209,912
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Entered for comp purposes. Home is a fixer upper or tear down. Value is mostly in lot and dock which is permanent. Questions about the house, call Matt.
Unit Size
945 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$120
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
-

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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 #14047760)

Price History

Date / Event Date Event Price
May 11, 2021 Sold
Premium
Sold
Mar 21, 2021 Listed by Real Estate One Rosemary Davis $224,900
Listed by Real Estate One Rosemary Davis
Feb 19, 2021 Sold
Premium
Sold
Dec 14, 2020 Listed by Real Estate One Rosemary Davis $214,900
Listed by Real Estate One Rosemary Davis
Sep 27, 2019 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,494
  • Lot Size Depth Feet: 1,697
  • Lot Size Frontage Feet: 500
  • Total Building Area: 945
  • Building Area: 945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 945
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STUART BREEZE
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ECKFORD TOWNSHIP T3S R5W SECTION 7SUPERVISORS PLAT OF STUART BREEZELOT 16LAKE FRONTAGE: 50 FTROAD FRONTAGE: 50 FT .19 AC +

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 004000

Geography

  • District: 09
  • Parcel: 09-076-021-00
  • Lot: 16L
  • Meridian: SEC 07 TWN 03S RNG 05W
  • Municipality: ECKFORD TWP
  • Latitude: 42.2303
  • Longitude: -84.9409

    Address

  • Full Address: 1121 Orchard Dr
  • Address - House Number: 1121
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: R001
  • 4-Digit Zip Code: 9783
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 73
  • Final Value: 227,439
  • High Value: 272,728
  • Low Value: 182,151

    Market Valuation

  • Market Total Value: $176,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 19, 2021
  • Previous Sale Contract Date: Feb 08, 2021
  • Previous Sale Amount: $197,450
  • 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 Calhoun

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1829 ft²

Average Home Age

73.1 years

Currently For Sale

333 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: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 14047760
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 1121 Orchard Drive built and last sold?
The property at 1121 Orchard Drive was built in and last sold on May 3, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 1121 Orchard Drive is $221,804.
What are some comparable homes to 1121 Orchard Drive?
There are currently no comparable homes to 1121 Orchard Drive.
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