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Spring Arbor 49283
160 Boadway Drive
$192,600
● Mobile Manufactured - Off Market

160 Boadway Drive

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,853 Ft²
$211,952
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Immaculate one owner vinyl sided ranch styled home of 1853 square feet. New roof and all roof decking on main house replaced 5/2022.  2 decks.  In 2003 a 20 x 18 family room was added with solid oak trim.  Home is located at the end of the road and very near Spring Arbor University. 1 bedroom used as home office.  Front deck is being renovated.  Detached oversized 2 car garage of 673 square feet.  Paved drive.  Public water and sewer.
Unit Size
1,853 Ft²
Days on Market
72 days
Land Size
0.43 acres
Price per sqft
$111
Property Type
Mobile Manufactured
Property Taxes
$205
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: 8 months ago (MichRIC MLS #22022150)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Howard Hanna Real Estate $205,000
Listed by Howard Hanna Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 8
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OF THE ARBOR VALLEY SUBDIVISION
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SPLIT ON 02/12/1998 FROM 000-12-21-201-003-00; BEG NW COR OF SEC 21 TH S88DEG 58'' E 1727.51 FT ALG N LN OF SD SEC TO CEN OF

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-21-201-003-02
  • Lot: 1-5
  • Meridian: SEC 21 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2018
  • Longitude: -84.5506

    Address

  • Full Address: 160 Boadway Dr
  • Address - House Number: 160
  • Address - Street Name: Boadway
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R082
  • 4-Digit Zip Code: 9797
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $220,752
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 202,933
  • High Value: 225,036
  • Low Value: 180,831

    Market Valuation

  • Market Total Value: $185,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,800

    Exemptions

  • Homeowner Exemption: Yes
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 Spring Arbor

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1378 ft²

Average Home Age

53.3 years

Currently For Sale

3 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

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MichRIC

Listed by: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 22022150
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 160 Boadway Street built and last sold?
The property at 160 Boadway Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 160 Boadway Street is $0.
What are some comparable homes to 160 Boadway Street?
There are currently no comparable homes to 160 Boadway Street.
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