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Berrien 49120
227 Green Gable Road
$160,000
● House - Off Market

227 Green Gable Road

Niles, MI 49120
bedrooms
3 Beds
bathrooms
1 Bath
square feet
962 Ft²
$811
Est. Monthly
10.46%
Cap Rate

About This Property

Welcome to this charming residence boasting three bedrooms, a spacious living room, and the convenience of main-level laundry. Nestled on almost an acre of land, this property offers a generous yard perfect for outdoor activities and relaxation. The heated garage, complete with electricity and a separate well, adds functionality and comfort to your daily living. Additionally, a convenient shed provides extra storage space for your belongings. Experience the perfect blend of comfort and practicality in this welcoming home.
Unit Size
962 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$161
Property Type
House
Property Taxes
$50
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 #23144685)

Price History

Date / Event Date Event Price
Apr 19, 2024 Sold
Premium
Sold
Dec 12, 2023 Listed by The Collective Home Group $154,900
Listed by The Collective Home Group
May 15, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Lot Size Depth Feet: 2,480
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 831.25'W & 394.56'S OF NE COR OF S1/2 OF S1/2 OF NW 1/4 SEC 23 T8S R17W TH W 166.25'TH S 248.4'TH E 166.25'TH N 248.4'TO

Neighborhood

  • School District Name: Brandywine Community Schools
  • School Tax School District: BRANDY WINE
  • Census Tract: 021100

Zoning

  • Zoning: 31400

Geography

  • Assessors Map Reference: 123-1
  • District: 14
  • Parcel: 14-0123-0080-00-7
  • Meridian: SEC 23 TWN 08S RNG 17W
  • Municipality: NILES TWP
  • Latitude: 41.7621
  • Longitude: -86.2583

    Address

  • Full Address: 227 Green Gable Rd
  • Address - House Number: 227
  • Address - Street Name: Green Gable
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Niles
  • Carrier Code: C015
  • 4-Digit Zip Code: 4137
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,652

    Appraisal Valuation

  • Standard Deviation: 0.3106
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 37
  • Final Value: 95,068
  • High Value: 124,601
  • Low Value: 65,534

    Market Valuation

  • Market Total Value: $104,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 1985
  • Current Sale Recording Date: May 15, 1985
  • Current Sale Price:
    Premium
  • Current 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

2075 ft²

Average Home Age

59.4 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: Alicia Woods, The Collective Home Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23144685
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 227 Green Gable Road built and last sold?
The property at 227 Green Gable Road was built in 1940 and last sold on May 15, 1985 for $22,500.
How much is this home worth?
The estimated value of the home located at 227 Green Gable Road is $0.
What are some comparable homes to 227 Green Gable Road?
There are currently no comparable homes to 227 Green Gable Road.
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