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Newaygo 49327
4091 W 108th Street
$220,000
● House - Off Market

4091 W 108th Street

Grant, MI 49327
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,060 Ft²
$1,225
Est. Monthly
5.74%
Cap Rate

About This Property

Very private & secluded, stick built 2 bedroom 1.5 bath ranch home on Marl Pit Creek in Ashland Twsp (Grant). Appreciate this 600 foot winding drive through the woods, which opens to an expansive front yard sure to please any buyer with animals, little ones or both! Nothing in sight but trees! Home has remodeled baths, fresh paint, hardwood floors, secluded patios with waterfall ponds, and a workshop shed. Home comes with all kitchen and laundry appliances - turn key and ready for move in - All at a very affordable price!! Just 2 miles from Chinook campground & 5 miles from M37/Grant. Get your tour Today!
Unit Size
1,060 Ft²
Days on Market
-
Land Size
5.75 acres
Price per sqft
$217
Property Type
House
Property Taxes
$95
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #24059600)

Price History

Date / Event Date Event Price
Feb 13, 2025 Sold
Premium
Sold
Dec 23, 2024 In contract -
In contract
Nov 15, 2024 Listed by Five Star Real Estate (Main) $230,000
Listed by Five Star Real Estate (Main)

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: 43,560
  • 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: R
  • Subdivision: VALLEY VIEW
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 11 & 12 VALLEY VIEW

Neighborhood

  • School District Name: Grant Public School District
  • School Tax School District: GRANT
  • Census Tract: 971200

Zoning

  • Zoning: LOCAL ZONE

Geography

  • District: 6211
  • Parcel: 22-07-275-017
  • Lot: 11-12
  • Municipality: ASHLAND
  • Latitude: 43.3594
  • Longitude: -85.9023

    Address

  • Full Address: 4091 W 108th St
  • Address - House Number: 4091
  • Street Direction: W
  • Address - Street Name: 108th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Grant
  • Carrier Code: R015
  • 4-Digit Zip Code: 7400
  • Zip Code: 49327

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,124
  • Tax Rate Code Area: 6211

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 203,824
  • High Value: 247,015
  • Low Value: 160,633

    Market Valuation

  • Market Total Value: $121,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,700

    Exemptions

  • Homeowner Exemption: Yes
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 Newaygo

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1811 ft²

Average Home Age

48 years

Currently For Sale

144 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: James S Shull, Five Star Real Estate (Main)
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24059600
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 4091 West 108th Street built and last sold?
The property at 4091 West 108th Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4091 West 108th Street is $232,843.
What are some comparable homes to 4091 West 108th Street?
There are currently no comparable homes to 4091 West 108th Street.
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