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Berrien 49103
8374 Garr Road
$470,000
● House - Off Market

8374 Garr Road

Berrien Springs, MI 49103
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,749 Ft²
$2,811
Est. Monthly
5.63%
Cap Rate

About This Property

Infinite views surround this newly completed custom built home on 2 acres, nestled in the middle of wine country, yet convenient to I-94/Chicago, beaches, shopping and more! Featuring a spacious and open split floorplan -- master bedroom includes an en suite while the opposite side has two additional bedrooms, providing privacy for family or guests. Open kitchen and family room encourages mingling while flex room could be formal dining or den/office. Extra wide halls and doorways enhance the flowing floorplan, while the abundant windows brighten every room. Smooth ceilings, 9 ft basement, 24' x 22' garage. Back patio for grilling, dining or enjoying coffee or wine while overlooking the vineyards and endless skies. This property has it all - See it soon!
Unit Size
1,749 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$286
Property Type
House
Property Taxes
$356
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: 2 years ago (MichRIC MLS #24044489)

Price History

Date / Event Date Event Price
Dec 23, 2024 Sold
Premium
Sold
Nov 8, 2024 In contract -
In contract
Oct 16, 2024 Relisted $499,900
Relisted
Sep 19, 2024 No longer available -
No longer available
Aug 23, 2024 Listed by McLauchlin Realty, Inc. $524,900
Listed by McLauchlin Realty, Inc.
Show More

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: 133,294
  • Lot Size Depth Feet: 3,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000003060
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: BEG 1637.64' S0DEG48'40"E OF THE NE COR SEC 9 T6S R18W TH S0DEG48'40"E 300.01' TH S89DEG29'08"W 300' TH N0DEG48'40"W 300.01'

Neighborhood

  • School District Name: Berrien Springs Public Schools
  • School Tax School District: BERRIEN SPRINGS
  • Census Tract: 021400

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 009-2
  • District: 15
  • Parcel: 15-0009-0007-20-5
  • Meridian: SEC 09 TWN 06S RNG 18W
  • Municipality: ORONOKO TWP
  • Latitude: 41.9669
  • Longitude: -86.3984

    Address

  • Full Address: 8374 Garr Rd
  • Address - House Number: 8374
  • Address - Street Name: Garr
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Berrien Springs
  • Carrier Code: R001
  • 4-Digit Zip Code: 8716
  • Zip Code: 49103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,467

    Market Valuation

  • Market Total Value: $49,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,500

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 369181

    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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.4 years

Currently For Sale

570 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: Scott McLauchlin, McLauchlin Realty, Inc.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24044489
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 8374 Garr Road built and last sold?
The property at 8374 Garr Road was built in and last sold on Dec 12, 2022 for $55,000.
How much is this home worth?
The estimated value of the home located at 8374 Garr Road is $0.
What are some comparable homes to 8374 Garr Road?
There are currently no comparable homes to 8374 Garr Road.
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