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Jackson 49283
6903 Cambria Drive
$429,000
● House - Off Market

6903 Cambria Drive

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,497 Ft²
$2,709
Est. Monthly
$33
HOA / Fees
7.55%
Cap Rate

About This Property

Check out this newer home built in 2018, located near Spring Arbor, Spring Arbor Township, and Western schools. It is situated in this beautiful site condominium development that offers low traffic with its cul-de-sac design. This Home features a spectacular open living room, dining room, and kitchen area. Tons of light fills the space with vaulted ceilings, vinyl plank flooring, a gas fireplace, and a sliding glass door to a beautiful deck overlooking the backyard and pond area. The main level offers three bedrooms, two full baths, an en suite off the primary bedroom, the main floor, laundry, and an excellent large entry, foyer, and mudroom. The lower level has been finished with a large family room area, a fourth bedroom, a half bath, a maintenance-free exterior, and a 3 car garage.
Unit Size
2,497 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$172
Property Type
House
Property Taxes
$568
HOA Dues
$33
Year Built
2018

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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 #24034032)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Premium
Sold
Jul 17, 2024 In contract -
In contract
Jul 2, 2024 Listed by TOM SCHINDLER, REALTOR $429,000
Listed by TOM SCHINDLER, REALTOR
Jun 15, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,489
  • Garage Type: 7
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,175
  • Lot Size Depth Feet: 2,650
  • Total Building Area: 1,497
  • Building Area: 1,497
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,497
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 1
  • Property Class: R
  • Subdivision: CAMBRIA
  • Land Acres: 0000001083
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: LOT 14 OF CAMBRIA SITE CONDOMINIUMS SPLIT ON 08/27/04 FROM 000-12-10-151-003-01 , SEC 10 T3S R2W.

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 068-12-10-152-014-00
  • Lot: 14
  • Meridian: SEC 10 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2264
  • Longitude: -84.5403

    Address

  • Full Address: 6903 Cambria Dr
  • Legal Unit: 14
  • Address - House Number: 6903
  • Address - Street Name: Cambria
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R081
  • 4-Digit Zip Code: 9696
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,034
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 453,212
  • High Value: 539,453
  • Low Value: 366,970

    Market Valuation

  • Market Total Value: $423,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2798846

    Financing

  • First Mortgage Financing Type: ADJ
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 Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Tom Schindler, TOM SCHINDLER, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24034032
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 6903 Cambria Drive built and last sold?
The property at 6903 Cambria Drive was built in 2018 and last sold on Jun 8, 2018 for $28,000.
How much is this home worth?
The estimated value of the home located at 6903 Cambria Drive is $429,161.
What are some comparable homes to 6903 Cambria Drive?
There are currently no comparable homes to 6903 Cambria Drive.
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