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Kalamazoo 49009
3590 N 3rd Street
$185,000
● House - Off Market

3590 N 3rd Street

Kalamazoo, MI 49009
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$1,192
Est. Monthly
7.14%
Cap Rate

About This Property

Beautiful fully remodeled home in Otsego Schools! Top to bottom improvements from electrical, mechanicals, siding, decks, cosmetic touches such as floors, kitchen with new appliances, and 2 full baths, new washer and dryer that stay! The list goes on and on! Make sure to check out the improvements list provided for a full list of what the seller has done! This home is very private and sits on almost 1/2 acre. The large yard has mature trees and plenty of space to entertain and play. The fenced in area is great for children and/or pets! A large wrap around deck is perfect for grilling and hanging out. The basement is a walkout and has plenty of space for storage. There is a workshop area also! This home is gorgeous and ready for its new owners. All you have to do is move right in!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$189
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1963

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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 #24020246)

Price History

Date / Event Date Event Price
May 27, 2024 Sold
Premium
Sold
Apr 26, 2024 Listed by Chuck Jaqua, REALTOR $199,990
Listed by Chuck Jaqua, REALTOR
Nov 14, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SEC 5-2-12 COM AT S1/4 POST SEC 5 TH N ALG N&S1/4 LI SD SEC 5 1108 FT FOR PL OF BEG TH CONT N ALG N&S1/4 LI 80 FT TH E 258 FT

Neighborhood

  • School District Name: Otsego Public Schools
  • Census Tract: 002908

Zoning

  • Zoning: RR

Geography

  • District: 5
  • Parcel: 05-05-455-020
  • Meridian: SEC 05 TWN 02 RNG 12
  • Municipality: OSHTEMO TWP
  • Latitude: 42.3203
  • Longitude: -85.7351

    Address

  • Full Address: 3590 N 3rd St
  • Address - House Number: 3590
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: R029
  • 4-Digit Zip Code: 8519
  • Zip Code: 49009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,774

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 187,286
  • High Value: 216,323
  • Low Value: 158,249

    Market Valuation

  • Market Total Value: $104,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,400

    Sales

  • Current Sale Contract Date: Nov 10, 2008
  • Current Sale Recording Date: Nov 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008-036834
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 Kalamazoo

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1972 ft²

Average Home Age

57 years

Currently For Sale

736 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: Holly Woodhams, Chuck Jaqua, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24020246
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 3590 North 3rd Street built and last sold?
The property at 3590 North 3rd Street was built in 1963 and last sold on Nov 10, 2008 for $85,000.
How much is this home worth?
The estimated value of the home located at 3590 North 3rd Street is $0.
What are some comparable homes to 3590 North 3rd Street?
There are currently no comparable homes to 3590 North 3rd Street.
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