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Kalamazoo 49009
3897 Old Savannah Drive
$22,000
● Land - Off Market

3897 Old Savannah Drive

Kalamazoo, MI 49009
bedrooms
Studio
bathrooms
0 Bath
$25,331
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$51
HOA Dues
-
Year Built
-

Payment Calculator

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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 #22027247)

Price History

Date / Event Date Event Price
Sep 6, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by Berkshire Hathaway HomeServices MI $24,500
Listed by Berkshire Hathaway HomeServices MI
Jul 20, 2011 Sold
Premium
Sold
Aug 25, 2008 Sold
Premium
Sold

Property Highlights

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: 10,890
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 820
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SAVANNAH
  • Land Acres: 0000000250
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: SAVANNAH SITE CONDO, UNIT 26 **11-01 2001 SPLIT FROM 03-480-025** *****12/04 REPLAT OF SAVANNAH SITE CONDOMINIUMS 03-450-026

Neighborhood

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

Zoning

  • Zoning: R-2 RES

Geography

  • District: 5
  • Parcel: 05-03-451-041
  • Municipality: OSHTEMO TWP
  • Latitude: 42.3232
  • Longitude: -85.6915

    Address

  • Full Address: 3897 Old Savannah Dr
  • Legal Unit: 26
  • Address - House Number: 3897
  • Address - Street Name: Old Savannah
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: R019
  • 4-Digit Zip Code: 6588
  • Zip Code: 49009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,455

    Market Valuation

  • Market Total Value: $23,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28903
  • Previous Sale Recording Date: Jul 20, 2011
  • Previous Sale Contract Date: Jun 29, 2011
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: 71
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

Unit for rent at 6524 Mickeys Trail, Kalamazoo, MI, 49009

$2,700 /mo

  • 3 Beds
  • 3 Baths
  • 2,400 ft²
6524 Mickeys Trail, Kalamazoo, MI, 49009 Listing by Devon Jackson

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mary Sutton, Berkshire Hathaway HomeServices MI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22027247
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 3897 Old Savannah Drive built and last sold?
The property at 3897 Old Savannah Drive was built in and last sold on Aug 17, 2022 for $22,000.
How much is this home worth?
The estimated value of the home located at 3897 Old Savannah Drive is $0.
What are some comparable homes to 3897 Old Savannah Drive?
There are currently no comparable homes to 3897 Old Savannah Drive.
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