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Allegan 49080
879 Marsh Road
$184,250
● House - Off Market

879 Marsh Road

Plainwell, MI 49080
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,184 Ft²
$1,052
Est. Monthly
9.88%
Cap Rate

About This Property

Welcome home to this beautiful farmhouse on 1 acre. Features include a large covered front porch that is great for relaxing and enjoying nature. Large kitchen and eating area, a huge living room.  Main floor laundry with a mudroom. Central air that will keep you cool during hot days and nights! 20x24 garage has electric, cement floor and a loft area for additional storage, circular driveway makes it easy to come and go. Beautiful mature trees and newer well. Schedule your private showing today.
Unit Size
1,184 Ft²
Days on Market
36 days
Land Size
1.06 acres
Price per sqft
$152
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1880

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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: 10 months ago (MichRIC MLS #24030389)

Price History

Date / Event Date Event Price
Sep 17, 2024 Sold
Premium
Sold
Aug 26, 2024 In contract -
In contract
Aug 12, 2024 Relisted $180,000
Relisted
Jun 16, 2024 In contract -
In contract
Jun 3, 2024 Listed by Bellabay Realty (SW) $180,000
Listed by Bellabay Realty (SW)
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,999
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,300
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001056
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT E 1/4 PST TH W 1356' TO C/L GUN MARSH RD TH S 31 DEG 29' 20 W 89.05' TH S 40 DEG 53' 50 W 373.08' TO POB THIS DESC TH

Neighborhood

  • School District Name: Plainwell Community Schools
  • School Tax School District: PLAINWELL
  • Census Tract: 032000

Zoning

  • Zoning: AG

Geography

  • District: 08
  • Parcel: 08-011-008-23
  • Meridian: SEC 11 TWN 01N RNG 11W
  • Municipality: GUN PLAIN TWP
  • Latitude: 42.485
  • Longitude: -85.5693

    Address

  • Full Address: 879 Marsh Rd
  • Address - House Number: 879
  • Address - Street Name: Marsh
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Plainwell
  • Carrier Code: R003
  • 4-Digit Zip Code: 9350
  • Zip Code: 49080

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $88,253

    Appraisal Valuation

  • Standard Deviation: 0.1368
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 72
  • Final Value: 90,145
  • High Value: 102,477
  • Low Value: 77,812

    Market Valuation

  • Market Total Value: $116,000
  • Market Land Value: $28,400
  • Market Improvement Value: $87,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,000
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $43,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 12, 2001
  • Previous Sale Contract Date: Nov 21, 2001
  • Previous Sale Amount: $23,000
  • 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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: Britton Curtiss, Bellabay Realty (SW)
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 24030389
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 879 Marsh Road built and last sold?
The property at 879 Marsh Road was built in 1880 and last sold on Jun 24, 2020 for $113,900.
How much is this home worth?
The estimated value of the home located at 879 Marsh Road is $180,650.
What are some comparable homes to 879 Marsh Road?
There are currently no comparable homes to 879 Marsh Road.
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