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Three Rivers 49093
321 W Cushman Street
Photo of 321 W Cushman Street
Sold on Jan 3, 2024

24

Map

Photo of 321 W Cushman Street
Photo of 321 W Cushman Street
$122,000
● House - Off Market

321 W Cushman Street

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,460 Ft²
$771
Est. Monthly
11.25%
Cap Rate

About This Property

You will enjoy the extra space this home offers being located on a double lot. The 3-bedroom, 1 bath home comes with open floor plan, spacious living room, large kitchen, and dining room. The main floor bedroom with a main floor laundry area is always a bonus. Upstairs you will have 2 bedrooms with a large area at the landing for a toy room or extra office space. The large 2 car garage is great to store your cars for the winter plus you may even have extra room for a boat and lawnmower. Home is being sold as is condition. ALL MEASUREMENTS ARE +/- AND BUYER TO VERIFY. ALL INFORMATION PERTAINING TO HOME/PROPERTY TO BE VERIFIED BY BUYER
Unit Size
1,460 Ft²
Days on Market
34 days
Land Size
0.45 acres
Price per sqft
$89
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1900

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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: 5 months ago (MichRIC MLS #23143430)

Price History

Date / Event Date Event Price
Jan 10, 2024 Sold
Premium
Sold
Nov 30, 2023 Listed by Century 21 Affiliated $129,999
Listed by Century 21 Affiliated
Jul 22, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 664
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,544
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF THREE RIVERS
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SW 1/4 OF BLK 28. CITY OFTH REE RIVERS.

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Zoning

  • Zoning: R

Geography

  • District: 051
  • Parcel: 051-145-311-00
  • Block: 28
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9538
  • Longitude: -85.6383

    Address

  • Full Address: 321 W Cushman St
  • Address - House Number: 321
  • Street Direction: W
  • Address - Street Name: Cushman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C006
  • 4-Digit Zip Code: 2411
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,329

    Appraisal Valuation

  • Standard Deviation: 0.108
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 127,224
  • High Value: 140,977
  • Low Value: 113,471

    Market Valuation

  • Market Total Value: $112,400
  • Market Land Value: $11,800
  • Market Improvement Value: $100,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,200
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $50,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 234
  • Previous Sale Recording Date: Jul 22, 1998
  • Previous Sale Contract Date: Jul 22, 1998
  • Previous Sale Amount: $77,900
  • 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 Three Rivers

Stats & Trends

Median Asking:

$184,900

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1969 ft²

Average Home Age

61.7 years

Currently For Sale

29 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: Crystal Heivilin, Century 21 Affiliated
Last Updated: 5 months ago
Data Source: MichRIC, MLS# 23143430
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 321 West Cushman Street built and last sold?
The property at 321 West Cushman Street was built in 1900 and last sold on Jan 3, 2024 for $122,000.
How much is this home worth?
The estimated value of the home located at 321 West Cushman Street is $134,085.
What are some comparable homes to 321 West Cushman Street?
There are currently no comparable homes to 321 West Cushman Street.
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