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Berrien 49127
2407 Perry Drive
$42,000
● Land - Off Market

2407 Perry Drive

Stevensville, MI 49127
bedrooms
Studio
bathrooms
0 Bath
$85,784
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Premier Development in Alabaster Estates*Municipal water & sewer*Underground Utilities*Call for plat
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
2014

Payment Calculator

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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 #11046342)

Price History

Date / Event Date Event Price
Jan 20, 2023 Sold
Premium
Sold
Oct 25, 2016 Sold
Premium
Sold
May 25, 2016 Listed by Red Arrow Realty $469,000
Listed by Red Arrow Realty
Mar 31, 2014 Sold
Premium
Sold
Aug 17, 2011 Listed by Red Arrow Realty $45,000
Listed by Red Arrow Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,979
  • Garage Type: 7
  • Garage Square Area: 914
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,153
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 920
  • Total Building Area: 3,215
  • Building Area: 3,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALABASTER ESTATES
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 48 ALABASTER ESTATES NO 3

Neighborhood

  • School District Name: Lakeshore School District
  • School Tax School District: LAKESHORE
  • Census Tract: 001700

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: 027-0
  • District: 12
  • Parcel: 12-0192-0048-00-0
  • Lot: 48
  • Municipality: LINCOLN TWP
  • Latitude: 42.0052
  • Longitude: -86.512

    Address

  • Full Address: 2407 Perry Dr
  • Legal Unit: 48
  • Address - House Number: 2407
  • Address - Street Name: Perry
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Stevensville
  • Carrier Code: R006
  • 4-Digit Zip Code: 8741
  • Zip Code: 49127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $583,962

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 727,390
  • High Value: 905,361
  • Low Value: 549,419

    Market Valuation

  • Market Total Value: $628,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 371520
  • Previous Sale Recording Date: Oct 25, 2016
  • Previous Sale Contract Date: Oct 21, 2016
  • Previous Sale Amount: $459,000
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Simon P Hoffmann, Red Arrow Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 11046342
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 2407 Perry Drive built and last sold?
The property at 2407 Perry Drive was built in 2014 and last sold on Jan 20, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 2407 Perry Drive is $472,882.
What are some comparable homes to 2407 Perry Drive?
There are currently no comparable homes to 2407 Perry Drive.
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