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Berrien 49120
8031 Chapel Road
$243,000
● House - Off Market

8031 Chapel Road

Niles, MI 49120
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,352 Ft²
$397,068
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Nature lovers paradise.  This modern 3 bedroom 2 bath home with hardwood floors sets on 14 acres.  Trophy bucks have been taken off this property!!  Huge multi story deer blind in the wooded acreage.  Pond for your viewing pleasure and last but not least 2 car pole barn with huge workshop area and patio for outdoor enjoyment.
Unit Size
2,352 Ft²
Days on Market
-
Land Size
14.18 acres
Price per sqft
$106
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #18002048)

Price History

Date / Event Date Event Price
Aug 23, 2017 Sold
Premium
Sold
Aug 22, 2017 Listed by McLauchlin Realty, Inc. $249,000
Listed by McLauchlin Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,740
  • Garage Type: 7
  • Garage Square Area: 1,040
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 617,681
  • Total Building Area: 2,175
  • Building Area: 2,175
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,175
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000014180
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG 365' N89DEG22'30''W OF E1/4 PST SEC 34 T6S R17W TH N89DEG22'30''W 239.65' TH N49DEG01'W 215.73' TH N 862' TH W 294.7' TH

Neighborhood

  • School District Name: Niles Community School District
  • School Tax School District: NILES
  • Census Tract: 010600

Zoning

  • Zoning: AGRI / RES

Geography

  • Assessors Map Reference: 034-2
  • District: 04
  • Parcel: 04-0034-0003-14-8
  • Meridian: SEC 34 TWN 06S RNG 17W
  • Municipality: BERRIEN TWP
  • Latitude: 41.9067
  • Longitude: -86.2637

    Address

  • Full Address: 8031 Chapel Rd
  • Address - House Number: 8031
  • Address - Street Name: Chapel
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Niles
  • Carrier Code: R005
  • 4-Digit Zip Code: 9053
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $208,143

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 403,812
  • High Value: 490,114
  • Low Value: 317,510

    Market Valuation

  • Market Total Value: $333,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2017
  • Current Sale Recording Date: Aug 23, 2017
  • Current Sale Price:
    Premium
  • Current 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 Berrien

Stats & Trends

Median Asking:

$324,950

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2075 ft²

Average Home Age

59.4 years

Currently For Sale

572 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

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MichRIC

Listed by: Scott McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 18002048
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 8031 Chapel Road built and last sold?
The property at 8031 Chapel Road was built in 2001 and last sold on Aug 22, 2017 for $243,000.
How much is this home worth?
The estimated value of the home located at 8031 Chapel Road is $0.
What are some comparable homes to 8031 Chapel Road?
There are currently no comparable homes to 8031 Chapel Road.
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