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St. Joseph 49093
22166 Marcellus Road
$355,000
● House - Off Market

22166 Marcellus Road

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$2,186
Est. Monthly
3.23%
Cap Rate

About This Property

This beautiful home is only back on the market because the contingent home did not close! Looking for some space to roam? This 2100 square foot home sits on a beautiful 2.3 acres. The property has a garden area, pole building and space for so much more. The pole building has electric and a new metal roof. The home is a 3 bedroom 2.5 bath with main floor laundry. Let's not forget an unfinished basement that has two egress windows for future expansion. New carpet, and flooring in laundry, dining room, foyer and bedroom/office, a new patio, a chef's kitchen, what more could you want. Maybe access to a river right across the street for kayaking? Broadband being installed in the area. Check this one out today!
Unit Size
2,100 Ft²
Days on Market
42 days
Land Size
2.30 acres
Price per sqft
$174
Property Type
House
Property Taxes
$393
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: 13 months ago (MichRIC MLS #24031512)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Premium
Sold
Aug 15, 2024 In contract -
In contract
Aug 1, 2024 Price Decreased $365,000
↓ $3K (0.8%)
Price Decreased
Jul 26, 2024 Relisted $368,000
Relisted
Jul 4, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 99,752
  • Lot Size Depth Feet: 3,740
  • Lot Size Frontage Feet: 2,670
  • Total Building Area: 980
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST JOE ACRES 3
  • Land Acres: 0000002290
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 660.2 FT N & 1020 FT E OF SW COR SEC 18 T5S R10W TH S 419.5 FT TH N 43D 11M E 6 FT TH N 83D 23M E 86.4 FT TH N 405.1 FT T

Neighborhood

  • School District Name: Mendon Community School District
  • School Tax School District: MENDON
  • Census Tract: 040900

Zoning

  • Zoning: A-AGI

Geography

  • District: 010
  • Subdivision Tract Number: 38
  • Parcel: 010-110-019-00
  • Meridian: SEC 18 TWN 05S RNG 10W
  • Municipality: MENDON TOWNSHIP
  • Latitude: 42.0288
  • Longitude: -85.5244

    Address

  • Full Address: 22166 Marcellus Rd
  • Address - House Number: 22166
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R002
  • 4-Digit Zip Code: 8110
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $158,093

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 358,377
  • High Value: 433,801
  • Low Value: 282,952

    Market Valuation

  • Market Total Value: $320,400
  • Market Land Value: $13,800
  • Market Improvement Value: $306,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,200
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $153,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021010036
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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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: Michelle A Bennett-Siwula, CENTURY 21 Affiliated
Last Updated: 13 months ago
Data Source: MichRIC, MLS# 24031512
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 22166 Marcellus Road built and last sold?
The property at 22166 Marcellus Road was built in and last sold on Sep 16, 2021 for $327,000.
How much is this home worth?
The estimated value of the home located at 22166 Marcellus Road is $365,016.
What are some comparable homes to 22166 Marcellus Road?
There are currently no comparable homes to 22166 Marcellus Road.
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