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Calhoun 49068
16206 Garrett Way Way
$641,334
● House - Off Market

16206 Garrett Way Way

Marshall, MI 49068
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,982 Ft²
$625,869
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Move in to your brand new home this summer! The Chesterfield is an elegant home with a Craftsman exterior. Open floor plan with a spacious family room and separate den. Gourmet kitchen with white Merillat cabinets, an 18' island, quartz counters and walk in pantry. The back of the home is filled with large windows, providing for an abundance of natural light. Upstairs, the primary suite has 2 large walk in closets, luxury tiled shower, separate soaker tub and double vanity. Bedrooms 2 & 3 share the Jack 'n Jill bath, while bedroom 4 has its own en-suite bath. *Interior pictures are from a previously built home and may depict upgrades and options not in this home*
Unit Size
2,982 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$210
Property Type
House
Property Taxes
-
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 #22046124)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Oct 30, 2022 Listed by Norfolk Realty Limited $627,581
Listed by Norfolk Realty Limited
Aug 16, 2022 Sold
Premium
Sold
Aug 10, 2021 Sold
Premium
Sold
Nov 1, 2006 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 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: 54,581
  • Lot Size Depth Feet: 2,480
  • Lot Size Frontage Feet: 2,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: KESSELLWOOD II SITE CONDOMINIUM
  • Land Acres: 0000001253
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: MARSHALL TWP T2S-R6W SEC 12 KESSELWOOD II CONDOMINIUM UNIT # 13RECORDED INLIBER 1969 PAGES 179-232

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003800

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: CV
  • District: 16
  • Parcel: 16-505-013-00
  • Meridian: SEC 12 TWN 02S RNG 06W
  • Municipality: MARSHALL TWP
  • Latitude: 42.3077
  • Longitude: -84.9485

    Address

  • Full Address: 16206 Garrett Way
  • Address - House Number: 16206
  • Address - Street Name: Garrett
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Marshall
  • Carrier Code: R007
  • 4-Digit Zip Code: 8306
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $117,632

    Market Valuation

  • Market Total Value: $44,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 30, 2023
  • Previous Sale Contract Date: Dec 01, 2022
  • 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

1825 ft²

Average Home Age

73.3 years

Currently For Sale

332 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: Lisa C Bartleman, Norfolk Realty Limited
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22046124
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 16206 Garrett Way built and last sold?
The property at 16206 Garrett Way was built in and last sold on Jul 26, 2023 for $641,334.
How much is this home worth?
The estimated value of the home located at 16206 Garrett Way is $0.
What are some comparable homes to 16206 Garrett Way?
There are currently no comparable homes to 16206 Garrett Way.
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