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St. Joseph 49093
56455 Buffalo Drive
$280,000
● House - Off Market

56455 Buffalo Drive

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,390 Ft²
$1,570
Est. Monthly
$8
HOA / Fees
5.15%
Cap Rate

About This Property

TAMARAC HOME - First time on market! This wonderful home has been very well maintained by the only owner. Great open flow from Living to dining area to kitchen. Primary en suite has large walk-in closet, double vanity, jetted tub and seperate shower. 2 more bedrooms and a full bath provide plenty of space for the whole family. The full unfinished basement provides storage options or plenty of opportunities for a family room, workshop, craft room, etc. All of this on a double lot that provides a large backyard and generous sized deck, that will be great for family gatherings to finsh out the summer. Recent updates of the New Roof, Furnace and AC provide for peace of mind for years to come. Don't miss out on this wonderful Tamarac Home. Schedule your private tour today!
Unit Size
1,390 Ft²
Days on Market
47 days
Land Size
0.55 acres
Price per sqft
$198
Property Type
House
Property Taxes
$212
HOA Dues
$8
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 #25040027)

Price History

Date / Event Date Event Price
Sep 24, 2025 Sold
Premium
Sold
Aug 11, 2025 In contract -
In contract
Aug 8, 2025 Listed by HG Real Estate $274,900
Listed by HG Real Estate
Aug 17, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

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: 23,958
  • Lot Size Depth Feet: 2,139
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAMARAC NO 5
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 190 TAMARAC NO 5. SEC 5T6S R11W.

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Geography

  • District: 009
  • Parcel: 009-338-190-00
  • Lot: 190
  • Meridian: SEC 05 TWN 06S RNG 11W
  • Municipality: LOCKPORT TOWNSHIP
  • Latitude: 41.9775
  • Longitude: -85.6193

    Address

  • Full Address: 56455 Buffalo Dr
  • Address - House Number: 56455
  • Address - Street Name: Buffalo
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R006
  • 4-Digit Zip Code: 9135
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $91,860

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 295,603
  • High Value: 367,830
  • Low Value: 223,376

    Market Valuation

  • Market Total Value: $239,600
  • Market Land Value: $32,600
  • Market Improvement Value: $207,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,800
  • Assessed Land Value: $16,300
  • Assessed Improvements Value: $103,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2001
  • Current Sale Recording Date: Aug 17, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 04, 2000
  • Previous Sale Contract Date: May 04, 2000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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: Garrett Hall, HG Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25040027
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 56455 Buffalo Drive built and last sold?
The property at 56455 Buffalo Drive was built in and last sold on Aug 17, 2001 for $147,500.
How much is this home worth?
The estimated value of the home located at 56455 Buffalo Drive is $0.
What are some comparable homes to 56455 Buffalo Drive?
There are currently no comparable homes to 56455 Buffalo Drive.
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