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Berrien 49120
2926 Adams Road
$130,000
● House - Off Market

2926 Adams Road

Niles, MI 49120
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,290 Ft²
$731
Est. Monthly
12.32%
Cap Rate

About This Property

With a few updates this home is ready to move in and enjoy. Great location located near Madelyn Park and MI/IN Stateline. 3/4 of an acre gives it a beautiful back yard on a quiet street in Brandywine schools.  Newer furnace, large 16' x 28' deck 2 car garage and 5' crawl space for great storage.
Unit Size
1,290 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$97
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1987

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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 #24014550)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Mar 27, 2024 Listed by IREP ERA Powered $125,000
Listed by IREP ERA Powered
Aug 30, 2002 Sold
Premium
Sold
Feb 4, 1992 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • 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: 7
  • Garage Square Area: 608
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Lot Size Depth Feet: 3,280
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1016
  • County Land Use Code: 401
  • Legal Description 1: COM. 561'S.OF NE.COR.OF SEC.22,T8S,R17W.,TH.S.99',TH.W. 328',TH.N.99' TH.E.328'TO BEG EXC THE E 33' FOR HWY PURP

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: 122-2
  • District: 14
  • Section: 22
  • Parcel: 14-0122-0002-10-5
  • Meridian: SEC 02 TWN 08S RNG 17W
  • Municipality: NILES TWP
  • Latitude: 41.7676
  • Longitude: -86.2652

    Address

  • Full Address: 2926 Adams Rd
  • Address - House Number: 2926
  • Address - Street Name: Adams
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Niles
  • Carrier Code: C015
  • 4-Digit Zip Code: 4163
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $97,194

    Appraisal Valuation

  • Standard Deviation: 0.3113
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 37
  • Final Value: 105,507
  • High Value: 138,360
  • Low Value: 72,653

    Market Valuation

  • Market Total Value: $108,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2002
  • Current Sale Recording Date: Aug 30, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 04, 1992
  • Previous Sale Contract Date: Feb 04, 1992
  • Previous Sale Amount: $100
  • Previous 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: Jacqueline Murdock, IREP ERA Powered
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24014550
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 2926 Adams Road built and last sold?
The property at 2926 Adams Road was built in 1987 and last sold on Aug 30, 2002 for $89,000.
How much is this home worth?
The estimated value of the home located at 2926 Adams Road is $0.
What are some comparable homes to 2926 Adams Road?
There are currently no comparable homes to 2926 Adams Road.
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