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Calhoun 49068
22604 M Drive N
$109,000
● House - Off Market

22604 M Drive N

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$210,278
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

www.mattdavishomes.com, call Matt . PEACEFUL RURAL RETREAT. Well kept single level home on 5 acres in the rural lands of Lee Township. Home offers an updated kitchen with stainless steel appliances and a snack bar that opens to a spacious living room, separate family/dining room, main floor laundry, newer bathroom, tub/shower combo, all replacement windows, vinyl siding, newer roof and plenty of ceiling fans in nearly every room. Outside is where the action is--awesome barn w/overhead doors, 1 car detached garage and plenty of room to hunt, use ATV's, shoot or just enjoy nature. Wildlife galore! Seller provided Home Warranty included in sale.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$102
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1940

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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: 3 years ago (MichRIC MLS #15003065)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jul 5, 2021 Listed by Real Estate One Rosemary Davis $185,000
Listed by Real Estate One Rosemary Davis
May 27, 2015 Sold
Premium
Sold
Jan 23, 2015 Listed by Real Estate One Rosemary Davis $117,400
Listed by Real Estate One Rosemary Davis

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • 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: 100
  • 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: 217,800
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LEE TOWNSHIP T1S R5W SEC 35BEG E 330 FT OF SECTION CENTER,E 825 FT, S 264 FT, W 825 FT, N 264 FT 5.00 AC

Neighborhood

  • School District Name: Mar Lee School District
  • School Tax School District: MAR-LEE
  • Census Tract: 003700

Zoning

  • Zoning: AG

Geography

  • District: 13
  • Parcel: 13-351-012-00
  • Meridian: SEC 03 TWN 01S RNG 05W
  • Municipality: LEE TWP
  • Latitude: 42.3411
  • Longitude: -84.8556

    Address

  • Full Address: 22604 M Dr N
  • Address - House Number: 22604
  • Street Segment Direction: N
  • Address - Street Name: M
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: R003
  • 4-Digit Zip Code: 9327
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 69
  • Final Value: 212,386
  • High Value: 259,928
  • Low Value: 164,843

    Market Valuation

  • Market Total Value: $194,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 27, 2015
  • Previous Sale Contract Date: May 15, 2015
  • Previous Sale Amount: $109,000
  • 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: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15003065
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 22604 M-Drive North built and last sold?
The property at 22604 M-Drive North was built in 1940 and last sold on Aug 20, 2021 for $193,000.
How much is this home worth?
The estimated value of the home located at 22604 M-Drive North is $0.
What are some comparable homes to 22604 M-Drive North?
There are currently no comparable homes to 22604 M-Drive North.
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