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Kalamazoo 49048
7590 Stermer
$183,850
● House - Off Market

7590 Stermer

Kalamazoo, MI 49048
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$299,628
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

NEW (Move-in-ready!) RANCH w/ excellent OPEN FLOOR PLAN in QUIET country location handy to -94. Large kitchen w/ island, upgraded laminate flooring, LARGE PANTRY & snack bar; informal dining area w/ sliders to deck overlooking DEEP BACK YARD; vaulted living room open to dining & kitchen areas; tile-floored laundry, spacious,finish-able DAYLIGHT BASEMENT plumbed for full bath. Master suite has tray ceiling & walk-in closet; master bath has ceramic tile flooring, 48 inch shower & linen storage. Cornerstone Construction standard features: HIGH EFFICIENCY furnace, water heater & air conditioning + high performance Low E double hung windows w/sun-screening & full screens, solid dove-tail drawers, lifetime shingles & 12x12 deck. $550 allowance for appliances included.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$129
Property Type
House
Property Taxes
$0
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 #17000567)

Price History

Date / Event Date Event Price
Sep 5, 2019 Sold
Premium
Sold
Jul 3, 2019 Listed by Berkshire Hathaway HomeServices MI $229,000
Listed by Berkshire Hathaway HomeServices MI
Mar 2, 2017 Sold
Premium
Sold
Jan 5, 2017 Listed by Berkshire Hathaway HomeServices MI $179,900
Listed by Berkshire Hathaway HomeServices MI

Property Highlights

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: 25,265
  • 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: SANDHILL FARMS #1
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SEC 4-3-10 SANDHILL FARMS NO 1 LOT 18 *** SPLIT 7/2004 FROM 3911-04-251-010 & 3911-04-276-010

Neighborhood

  • School District Name: Comstock Public Schools
  • School Tax School District: COMSTOCK
  • Census Tract: 003302

Zoning

  • Zoning: A-1 OSP

Geography

  • District: 11
  • Parcel: 11-04-255-018
  • Lot: 18
  • Meridian: SEC 04 TWN 03 RNG 10
  • Municipality: PAVILION TWP
  • Latitude: 42.24
  • Longitude: -85.4801

    Address

  • Full Address: 7590 Stermer Dr
  • Address - House Number: 7590
  • Address - Street Name: Stermer
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: R014
  • 4-Digit Zip Code: 9712
  • Zip Code: 49048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $270,619

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 330,400
  • High Value: 384,279
  • Low Value: 276,521

    Market Valuation

  • Market Total Value: $252,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-025943
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 23, 2017
  • Previous Sale Amount: $183,850
  • 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 Kalamazoo

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1978 ft²

Average Home Age

57 years

Currently For Sale

726 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: Jared Arnold, Berkshire Hathaway HomeServices MI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17000567
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 7590 Stermer Drive built and last sold?
The property at 7590 Stermer Drive was built in and last sold on Aug 20, 2019 for $229,000.
How much is this home worth?
The estimated value of the home located at 7590 Stermer Drive is $229,929.
What are some comparable homes to 7590 Stermer Drive?
There are currently no comparable homes to 7590 Stermer Drive.
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