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St. Joseph 49093
58133 James Drive
$140,000
● Land - Off Market

58133 James Drive

Three Rivers, MI 49093
bedrooms
Studio
bathrooms
0 Bath
$214,502
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

One of the Nicest pieces of land you will ever see!  Words can not describe the beauty of this peninsula lot with well over 400 feet of water frontage! PANORAMIC VIEWS! High and Dry! Approximately 1.24 acres of land prepped to be built on.   Driveway is in place, electric is ran, docks are included, observation deck at the tip of the peninsula, fish cleaning station, completely landscaped, boat launch, and the VIEWS! Just 5 minutes to 131 and Three Rivers.   The St. Joseph River looks more like a Lake here and you can boat, pontoon, and kayak for several miles in each direction.   This is a truly special place!   Contact your favorite Realtor and schedule a time to go check it out.. You will not be disappointed!
Unit Size
-
Days on Market
-
Land Size
1.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
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: 3 years ago (MichRIC MLS #19045413)

Price History

Date / Event Date Event Price
Mar 12, 2020 Sold
Premium
Sold
Sep 17, 2019 Listed by Berkshire Hathaway HomeServices MI $150,000
Listed by Berkshire Hathaway HomeServices MI
Feb 24, 2006 Sold
Premium
Sold

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: 54,014
  • Lot Size Depth Feet: 3,840
  • Lot Size Frontage Feet: 1,410
  • 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: EBYRIVER SUBDIV
  • Land Acres: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 19 EBYRIVER SUBDIV SEC 15 T6S R11W

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040400

Geography

  • District: 009
  • Parcel: 009-078-019-00
  • Lot: 19
  • Meridian: SEC 15 TWN 06S RNG 11W
  • Municipality: LOCKPORT TOWNSHIP
  • Latitude: 41.9518
  • Longitude: -85.5821

    Address

  • Full Address: 58133 James Dr
  • Address - House Number: 58133
  • Address - Street Name: James
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R004
  • 4-Digit Zip Code: 9347
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $313,386

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 505,125
  • High Value: 645,625
  • Low Value: 364,624

    Market Valuation

  • Market Total Value: $589,800
  • Market Land Value: $49,600
  • Market Improvement Value: $540,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,900
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Contract Date: Mar 05, 2020
  • Current Sale Recording Date: Mar 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 24, 2006
  • Previous Sale Contract Date: Feb 08, 2006
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: 71
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:

$238,950

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

57

Average Home Size

2169 ft²

Average Home Age

72.8 years

Currently For Sale

166 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: Greg Courtney, Berkshire Hathaway HomeServices MI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 19045413
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 58133 James Drive built and last sold?
The property at 58133 James Drive was built in and last sold on Mar 5, 2020 for $140,000.
How much is this home worth?
The estimated value of the home located at 58133 James Drive is $0.
What are some comparable homes to 58133 James Drive?
There are currently no comparable homes to 58133 James Drive.
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