$314,000
●
House -
Off Market
8222 Silverado
Richland, MI 49083
3 Beds
2 Baths,
1
Half Bath
2,621 Ft²
$348,764
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
GULL LAKE SCHOOLS! Welcome to the Engelwood community of Richland
Township. Stunning traditional home with finished basement and nice
sized yard. This two-story is move-in ready featuring 3 bedrooms,
2.5 baths and open study / rec room on the 2nd floor. Home is
energy efficient and covered by a ten-year structural warranty.
Entry level is spacious and has an open layout. Great room has
designer wainscoting, shiplap and is centered around a traditional
fireplace. Kitchen is open to great room and features designer
cabinetry and massive center eating island. The primary suite has a
spacious bathroom and walk in closet. You will enjoy having easy
access to the laundry room on the 2nd floor. The owner has recently
finished the basement offering an enormous space for recreation.
Unit Size
2,621 Ft²
Days on Market
77 days
Land Size
0.37 acres
Price per sqft
$118
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
2014
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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: 12 months ago (MichRIC MLS #21098230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2021 | Listed by Michigan Lifestyle Properties / Gull Lake Realty | $309,888 | |
| Listed by Michigan Lifestyle Properties / Gull Lake Realty | |||
| Jul 15, 2021 | Listed by Michigan Lifestyle Properties / Gull Lake Realty | $319,888 | |
| Listed by Michigan Lifestyle Properties / Gull Lake Realty | |||
| Sep 6, 2014 | Sold | ||
| Sold | |||
| Sep 3, 2014 | Listed by Allen Edwin Realty | $190,410 | |
| Listed by Allen Edwin Realty | |||
| | |||
|
New construction in the Engelwood community of Richland Township. Gull Lake Schools! Vinyl colonial home has full basement and nice sized yard. Home is energy efficient and covered by a ten year structural warranty. Entry level is spacious and has an open layout. Great room has designeer wainscotting and is centeered around a traditional fireplace. Kitchen is open to great room and features designer cabinetry and a center eating island. There is also a spacious den off the kitchen. Upper level features three bedrooms, two full baths, utility room, and a game room!
| |||
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Property Highlights
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Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Kalamazoo
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Listed by: Will Howson, Michigan Lifestyle Properties / Gull Lake Realty
Last Updated: 12 months ago
Data Source: MichRIC, MLS# 21098230
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.
Last Updated: 12 months ago
Data Source: MichRIC, MLS# 21098230
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