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Comstock Northwest 49048
3620 Borgess Drive
$165,000
● House - Off Market

3620 Borgess Drive

Kalamazoo, MI 49048
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,798 Ft²
$181,518
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Lovely home conveniently located close to stores, hospitals and I94.  Home features eat-in kitchen, spacious living room with sliders to patio (lots of wildlife), 3 good sized bedrooms and full and 1/2 bath.  Basement is partially finished and would be a great rec room.  Attached 2 car garage.  All appliances are included in the sale! Newer replacement windows. Seller is offering an One Year Home Warranty through American Home Shield! Seller needs occupancy through the end of September.
Unit Size
1,798 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$89
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1963

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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 #21097774)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 14, 2021 Sold
Premium
Sold
Jul 30, 2021 Listed by RE/MAX of Kalamazoo $159,900
Listed by RE/MAX of Kalamazoo

Property Highlights

Air Conditioning
Garage

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: 1,173
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,173
  • Building Area: 1,173
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,173
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREGORY PARK
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 2875560 3906 12 235 780 GREGORY PARK #1 LOT 78

Neighborhood

  • School District Name: Comstock Public Schools
  • School Tax School District: COMSTOCK
  • Census Tract: 005502

Zoning

  • Zoning: R-2

Geography

  • District: 6
  • Parcel: 06-12-235-780
  • Lot: 78
  • Municipality: KALAMAZOO TWP
  • Latitude: 42.3139
  • Longitude: -85.5353

    Address

  • Full Address: 3620 Borgess Dr
  • Address - House Number: 3620
  • Address - Street Name: Borgess
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C017
  • 4-Digit Zip Code: 1065
  • Zip Code: 49048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $189,547

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 208,288
  • High Value: 254,011
  • Low Value: 162,564

    Market Valuation

  • Market Total Value: $179,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-046257
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 Comstock Northwest

Stats & Trends

Median Asking:

$294,950

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1980 ft²

Average Home Age

47 years

Currently For Sale

10 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

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MichRIC

Listed by: Kim Williams, RE/MAX of Kalamazoo
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21097774
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 3620 Borgess Drive built and last sold?
The property at 3620 Borgess Drive was built in 1963 and last sold on Sep 14, 2021 for $165,000.
How much is this home worth?
The estimated value of the home located at 3620 Borgess Drive is $169,246.
What are some comparable homes to 3620 Borgess Drive?
There are currently no comparable homes to 3620 Borgess Drive.
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