$294,900
●
House -
Off Market
5587 Mount Olivet Road
Kalamazoo, MI 49004
3 Beds
2 Baths
1,615 Ft²
$1,663
Est. Monthly
4.82%
Cap Rate
About This Property
Welcome to this wonderfully maintained 3 bedroom 2 bath home in
Cooper Township. Huge, Fenced in backyard with a large
storage shed and a nice deck for entertaining.
The Main floor bedroom suite is amazing! Large bedroom, Beautiful bathroom and a walk-in closet with laundry area. The formal Living room is large and a great place to greet guests. That leads to a large kitchen/great room with gas log fireplace and 4 season room that overlooks the large deck and backyard. Upstairs has 2 large bedrooms and a full bath. The basement is huge and has a lot storage, and great potential for more finished space. Call/Text today for your personal showing. This one won't last long. Rsvd: Refrigerator in Garage, Deep Freezer Living Room Drapes, and Hardware.
The Main floor bedroom suite is amazing! Large bedroom, Beautiful bathroom and a walk-in closet with laundry area. The formal Living room is large and a great place to greet guests. That leads to a large kitchen/great room with gas log fireplace and 4 season room that overlooks the large deck and backyard. Upstairs has 2 large bedrooms and a full bath. The basement is huge and has a lot storage, and great potential for more finished space. Call/Text today for your personal showing. This one won't last long. Rsvd: Refrigerator in Garage, Deep Freezer Living Room Drapes, and Hardware.
Unit Size
1,615 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$183
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1950
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 12 months ago (MichRIC MLS #24023390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | Listed by Adrian Real Estate | $260,000 | |
| Listed by Adrian Real Estate | |||
| | |||
|
Immaculate 3 bedroom/ 2 Full Bath home in Cooper Township! If you have ever dreamed of living on acreage, owning land, or having your own personal park to enjoy, you will love the vast, naturesque backyard offered by this home. Almost a full acre! The huge, fenced backyard is a dog lover's dream! Your land is perfect for children to play, a pool, baseball games, practicing soccer, family gatherings, bon fires, and enjoying nature! The primary bedroom suite has a large bath with shower & jacuzzi tub for relaxing after a long day! The living room has a wall of windows, allowing for abundant natural light. The kitchen is accented by a cozy gas log fireplace. Your 4 season room is the perfect place to enjoy nature or let the dog out to frolick in his own personal park! Parchment Schools!
| |||
| Sep 19, 2024 | No longer available | - | |
| No longer available | |||
| May 13, 2024 | Listed by CENTURY 21 Affiliated | $294,900 | |
| Listed by CENTURY 21 Affiliated | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Kalamazoo
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rich L LaPorte, CENTURY 21 Affiliated
Last Updated: 12 months ago
Data Source: MichRIC, MLS# 24023390
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: 12 months ago
Data Source: MichRIC, MLS# 24023390
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017