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Berrien 49128
15248 Three Oaks Road
$272,000
● House - Off Market

15248 Three Oaks Road

Three Oaks, MI 49128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,434 Ft²
$1,449
Est. Monthly
11.19%
Cap Rate

About This Property

Three miles North of Three Oaks, 3 miles South of Sawyer- 2 story historic home on 2.6 acres set on a ravine overlooking a spring fed pond and forest. Lovingly restored to preserve the historical character this home has 3 bedrooms, 1 bath, maple floors milled from trees on the property, original woodwork and a wood burning fireplace. All of the mechanicals have been updated and a post & beam garage added.
Unit Size
1,434 Ft²
Days on Market
-
Land Size
2.60 acres
Price per sqft
$190
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #2739263)

Price History

Date / Event Date Event Price
Nov 25, 2019 Sold
Premium
Sold
Aug 8, 2019 Listed by Carol Brychta & Co. R.E. $199,000
Listed by Carol Brychta & Co. R.E.
Sep 6, 2011 Sold
Premium
Sold
Aug 21, 2007 Listed by Carol Brychta & Co. R.E. $272,000
Listed by Carol Brychta & Co. R.E.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 808
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 113,256
  • Lot Size Depth Feet: 2,670
  • Lot Size Frontage Feet: 4,290
  • Total Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002600
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE E 264'OF S 429'OF SE1/4 OF SE1/4 SEC 22 T7S R20W

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011202

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 022-3
  • District: 07
  • Parcel: 07-0022-0021-00-6
  • Meridian: SEC 22 TWN 07S RNG 20W
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8428
  • Longitude: -86.6104

    Address

  • Full Address: 15248 Three Oaks Rd
  • Address - House Number: 15248
  • Address - Street Name: Three Oaks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Three Oaks
  • Carrier Code: R001
  • 4-Digit Zip Code: 9547
  • Zip Code: 49128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $148,115

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 341,383
  • High Value: 414,555
  • Low Value: 268,211

    Market Valuation

  • Market Total Value: $254,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 06, 2011
  • Previous Sale Contract Date: Aug 25, 2011
  • Previous Sale Amount: $78,750
  • 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:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2025 ft²

Average Home Age

59.5 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: Timothy D Brychta, Carol Brychta & Co. R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 2739263
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 15248 Three Oaks Road built and last sold?
The property at 15248 Three Oaks Road was built in 1900 and last sold on Oct 31, 2019 for $197,500.
How much is this home worth?
The estimated value of the home located at 15248 Three Oaks Road is $206,874.
What are some comparable homes to 15248 Three Oaks Road?
There are currently no comparable homes to 15248 Three Oaks Road.
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