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Three Rivers 49093
602 Oklahoma Drive
$289,900
● House - Off Market

602 Oklahoma Drive

Three Rivers, MI 49093
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,822 Ft²
$1,548
Est. Monthly
$28
HOA / Fees
7.33%
Cap Rate

About This Property

New construction home in Meadowbrook Farms West located in Three Rivers school district. RESNET ENERGY SMART NEW CONSTRUCTION-10 YEAR STRUCTURAL WARRANTY. Over 1,800 sqft. two story home designed to optimize living space without sacrificing storage. Beginning on the main floor, an open concept layout greets with a large great room open to the dining nook. Spacious kitchen will feature white cabinets, a breakfast bar with pendant lighting, granite counters and tile backsplash. Tucked away but easily accessed are a powder bath and laundry room, accessed from the mudroom, completing the main level. Upstairs find the spacious, primary bedroom suite, with a large WIC and private full bath. 3 additional bedrooms and another full bath complete this home with comfort and style in mind.
Unit Size
1,822 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$159
Property Type
House
Property Taxes
$95
HOA Dues
$28
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 #24007341)

Price History

Date / Event Date Event Price
May 28, 2024 Sold
Premium
Sold
Feb 13, 2024 Listed by Allen Edwin Realty $289,900
Listed by Allen Edwin Realty

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: 0
  • Lot Size Frontage Feet: 0
  • 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
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: UNIT 15 MEADOWBROOK FARMSWE ST CONDO SUB, PHASE 2

Neighborhood

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

Geography

  • District: 051
  • Parcel: 051-172-015-00
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9601
  • Longitude: -85.6269

    Address

  • Full Address: 602 Oklahoma Dr
  • Address - House Number: 602
  • Address - Street Name: Oklahoma
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R006
  • 4-Digit Zip Code: 8638
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,277

    Market Valuation

  • Market Total Value: $36,000
  • Market Land Value: $36,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $18,000
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 Three Rivers

Stats & Trends

Median Asking:

$184,900

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1969 ft²

Average Home Age

61.7 years

Currently For Sale

29 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

Unit for rent at 700 N Douglas Avenue, Three Rivers, MI, 49093

$1,006 /mo

  • 1 Bed
  • 1 Bath
700 N Douglas Avenue, Three Rivers, MI, 49093 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mike McGivney, Allen Edwin Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24007341
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 602 Oklahoma Drive built and last sold?
The property at 602 Oklahoma Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 602 Oklahoma Drive is $0.
What are some comparable homes to 602 Oklahoma Drive?
There are currently no comparable homes to 602 Oklahoma Drive.
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