$442,000
●
House -
Off Market
48674 Meadow Oak Trail
Mattawan, MI 49071
4 Beds
3 Baths,
1
Half Bath
2,303 Ft²
$2,430
Est. Monthly
4.48%
Cap Rate
About This Property
Serenity, beauty, craftsmanship, and country living await! Your 4
bed/3.5 bath home has so much to offer: NEW roof ($18k), Newer
furnace/AC ($10k), new composite deck, main floor laundry, primary
en suite, 3.5 car garage, main floor addition ($50K), cozy gas
fireplace, & fenced backyard! Chef's kitchen w/granite countertops
& lux double pantries. Relax in your private lower level spa with
new custom sauna! Exhale & entertain in your private, absolutely
stunning backyard! You own .7 acres, but the pristine land behind
is also deeded to the neighborhood as a preserve. Outdoor
color-changing landscape lighting adds beauty and security.
DogWatch Hidden Fence and 3 receiver collars allow freedom for your
pups! No expense has been spared in creating this peaceful oasis!
Mattawan Schools!
Unit Size
2,303 Ft²
Days on Market
33 days
Land Size
0.72 acres
Price per sqft
$188
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1999
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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: 10 months ago (MichRIC MLS #24032521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Adrian Real Estate | $434,000 | |
| Listed by Adrian Real Estate | |||
| Jun 23, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 7, 2024 | Listed by Adrian Real Estate | $449,000 | |
| Listed by Adrian Real Estate | |||
| | |||
|
Serenity, beauty, craftsmanship, and country living await! Your 4 bed/3.5 bath home has so much to offer: NEW roof ($18k), Newer furnace/AC ($10k), new composite deck, main floor laundry, primary en suite, 3.5 car garage, main floor addition ($50K), cozy gas fireplace, & fenced backyard! Chef's kitchen w/granite countertops & lux double pantries. Relax in your private lower level spa with new custom sauna! Exhale & entertain in your private, absolutely stunning backyard! You own .7 acres, but the pristine land behind is also deeded to the neighborhood as a preserve. Outdoor color-changing landscape lighting adds beauty and security. DogWatch Hidden Fence and 3 receiver collars allow freedom for your pups! No expense has been spared in creating this peaceful oasis! Mattawan Schools!
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Van Buren
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chris T Adrian, Adrian Real Estate
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 24032521
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.
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 24032521
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