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Cass 49047
25295 Marcellus Highway
$83,900
● House - Off Market

25295 Marcellus Highway

Dowagiac, MI 49047
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,150 Ft²
$148,825
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Great home in a great location. Plenty of room to spread out on more than 3 1/2 acres of property. This 3 bedroom, 2 bath home has a 2 1/2 car garage and a huge 12 x 24 deck to enjoy.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
3.50 acres
Price per sqft
$73
Property Type
House
Property Taxes
$66
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: 2 years ago (MichRIC MLS #13011575)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Mar 10, 2022 Listed by American Homes Real Estate $199,000
Listed by American Homes Real Estate
Oct 15, 2015 Sold
Premium
Sold
Jul 9, 2015 Sold
Premium
Sold
Apr 8, 2013 Listed by American Homes Real Estate $83,900
Listed by American Homes Real Estate

Property Highlights

Air Conditioning
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: 153,767
  • Lot Size Frontage Feet: 0
  • 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: R
  • Land Acres: 0000003530
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 422C COM W 1308.54 FT & N 0 DEG 40'W 402.2 FT FROM E 1/4 COR, TH W 216.6 FT, TH S 0 DEG 40' E 66.83 FT, W 507.82 FT, TH N 57

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 002000

Geography

  • District: 150
  • Parcel: 14-150-028-005-30
  • Municipality: WAYNE TWP
  • Latitude: 42.0067
  • Longitude: -86.0551

    Address

  • Full Address: 25295 Marcellus Hwy
  • Address - House Number: 25295
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: R003
  • 4-Digit Zip Code: 9469
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,119

    Appraisal Valuation

  • Standard Deviation: 0.1292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 85
  • Final Value: 196,897
  • High Value: 222,352
  • Low Value: 171,442

    Market Valuation

  • Market Total Value: $14,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 09, 2015
  • Previous Sale Contract Date: Apr 30, 2015
  • Previous Sale Amount: $83,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1962 ft²

Average Home Age

60.6 years

Currently For Sale

164 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: Steven A Smith, American Homes Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 13011575
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 25295 Marcellus Highway built and last sold?
The property at 25295 Marcellus Highway was built in and last sold on Apr 14, 2022 for $222,000.
How much is this home worth?
The estimated value of the home located at 25295 Marcellus Highway is $0.
What are some comparable homes to 25295 Marcellus Highway?
There are currently no comparable homes to 25295 Marcellus Highway.
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