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St. Joseph 49093
58744 Ash Road Road
$50,000
● Land - Off Market

58744 Ash Road Road

Three Rivers, MI 49093
bedrooms
Studio
bathrooms
0 Bath
$279
Est. Monthly

About This Property

Experience tranquil riverside living at its finest with this exceptional cleared vacant lot nestled along the scenic St. Joseph River in Three Rivers, MI. This inviting parcel of land offers a prime opportunity to create your dream home or vacation retreat. Boasting a serene riverfront setting, this property features the rare convenience of a well and attached electric utilities, promising effortless development and immediate access to modern comforts. Enjoy the picturesque views, indulge in water activities, and embrace the peaceful ambiance this enchanting location provides. This riverfront haven invites you to explore the endless possibilities of waterfront living in beautiful Three Rivers, MI.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$9
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 #23145690)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Premium
Sold
Dec 26, 2023 Listed by Coldwell Banker Realty $55,000
Listed by Coldwell Banker Realty
Oct 31, 2022 Sold
Premium
Sold
Jan 5, 2021 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: 11,326
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 1,000
  • 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: V
  • Subdivision: ASH SUBDIVISION
  • Land Acres: 0000000260
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: ELY 100 FT OF LOT 22 ASH SUBDIVISION SEC 16 T6S R11W.

Neighborhood

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

Geography

  • District: 009
  • Parcel: 009-040-022-00
  • Lot: 22
  • Meridian: SEC 16 TWN 06S RNG 11W
  • Municipality: LOCKPORT TOWNSHIP
  • Latitude: 41.9408
  • Longitude: -85.6021

    Address

  • Full Address: 58744 Ash Rd
  • Address - House Number: 58744
  • Address - Street Name: Ash
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R004
  • 4-Digit Zip Code: 8322
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,520

    Market Valuation

  • Market Total Value: $19,800
  • Market Land Value: $19,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,900
  • Assessed Land Value: $9,900

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 9336
  • Previous Sale Recording Date: Jan 05, 2021
  • Previous Sale Contract Date: Dec 23, 2020
  • Previous Sale Amount: $24,500
  • 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:

$239,900

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2066 ft²

Average Home Age

75 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: ChooseChad Team, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23145690
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 58744 Ash Road built and last sold?
The property at 58744 Ash Road was built in and last sold on Aug 3, 2022 for $35,500.
How much is this home worth?
The estimated value of the home located at 58744 Ash Road is $0.
What are some comparable homes to 58744 Ash Road?
There are currently no comparable homes to 58744 Ash Road.
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