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Berrien 49085
4381 Hart Drive
$280,000
● House - Off Market

4381 Hart Drive

St. Joseph, MI 49085
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,857 Ft²
$1,540
Est. Monthly
5.29%
Cap Rate

About This Property

This great property in sought after Hidden Acres is all about potential. The 3 Bedroom, 2 1/2 Bathroom, brick ranch has over 1800 sq feet of above grade living space and a massive basement. The main level features all 3 bedrooms including a primary suite, and laundry area. The expansive lower level is partially finished, with plenty of space to make it the perfect gather space. The home also has a very large, private, fence enclosed backyard. All of this located close to several schools, shopping and the beaches of southwest Michigan.
Unit Size
1,857 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$151
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1965

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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 #23138680)

Price History

Date / Event Date Event Price
Dec 7, 2023 Sold
Premium
Sold
Oct 17, 2023 Listed by Jaqua REALTORS $279,900
Listed by Jaqua REALTORS
Oct 13, 1995 Sold
Premium
Sold
Nov 1, 1975 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,696
  • Garage Type: 7
  • Garage Square Area: 899
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,507
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN ACRES
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 48 HIDDEN ACRES

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 001800

Zoning

  • Zoning: R1 - LD

Geography

  • Assessors Map Reference: 018-2
  • District: 17
  • Parcel: 17-3100-0048-00-7
  • Lot: 48
  • Municipality: ROYALTON TWP
  • Latitude: 42.0385
  • Longitude: -86.4428

    Address

  • Full Address: 4381 Hart Dr
  • Legal Unit: 48
  • Address - House Number: 4381
  • Address - Street Name: Hart
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: R045
  • 4-Digit Zip Code: 9310
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $198,681

    Appraisal Valuation

  • Standard Deviation: 0.1019
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 90
  • Final Value: 278,193
  • High Value: 306,553
  • Low Value: 249,834

    Market Valuation

  • Market Total Value: $240,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 394264
  • Previous Sale Recording Date: Oct 13, 1995
  • Previous Sale Contract Date: Oct 13, 1995
  • Previous Sale Amount: $100
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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: Anthony F Clark, Jaqua REALTORS
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23138680
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 4381 Hart Drive built and last sold?
The property at 4381 Hart Drive was built in 1965 and last sold on Dec 7, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 4381 Hart Drive is $0.
What are some comparable homes to 4381 Hart Drive?
There are currently no comparable homes to 4381 Hart Drive.
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