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Berrien 49103
8945 Maplewood Drive
$290,000
● House - Off Market

8945 Maplewood Drive

Berrien Springs, MI 49103
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,244 Ft²
$1,729
Est. Monthly
5.04%
Cap Rate

About This Property

This heartfelt tri-level home offers 3 bedrooms, 2 bathrooms, and a walkout basement. The main level features a kitchen with hardwood floors, a built-in oven, dining room, and spacious living room. The upper level includes three cozy bedrooms and a full bath. The lower level boasts a family room with a fireplace and second bathroom. The walkout basement offers a laundry area and extra storage. Enjoy a back patio, beautiful landscaping, a storage shed, and an attached garage with a workshop. A perfect space to grow and make your own!
Unit Size
2,244 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$143
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1962

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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 #24054300)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Jan 13, 2025 In contract -
In contract
Dec 12, 2024 Relisted $319,900
Relisted
Nov 22, 2024 In contract -
In contract
Oct 15, 2024 Listed by McLauchlin Realty, Inc. $319,900
Listed by McLauchlin Realty, Inc.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 520
  • Garage Type: 7
  • Garage Square Area: 715
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEPHART WOODS
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 61,KEPHART WOODS.

Neighborhood

  • School District Name: Berrien Springs Public Schools
  • School Tax School District: BERRIEN SPRINGS
  • Census Tract: 021300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 013-2
  • District: 15
  • Parcel: 15-4200-0061-00-6
  • Lot: 61
  • Municipality: ORONOKO TWP
  • Latitude: 41.9567
  • Longitude: -86.348

    Address

  • Full Address: 8945 Maplewood Dr
  • Legal Unit: 61
  • Address - House Number: 8945
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Berrien Springs
  • Carrier Code: C003
  • 4-Digit Zip Code: 1624
  • Zip Code: 49103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,591

    Appraisal Valuation

  • Standard Deviation: 0.3113
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 37
  • Final Value: 137,170
  • High Value: 179,883
  • Low Value: 94,456

    Market Valuation

  • Market Total Value: $190,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 1975
  • Current Sale Recording Date: Aug 01, 1975
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

59.6 years

Currently For Sale

576 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: Howard McLauchlin, McLauchlin Realty, Inc.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24054300
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 8945 Maplewood Drive built and last sold?
The property at 8945 Maplewood Drive was built in 1962 and last sold on Aug 1, 1975 for $41,000.
How much is this home worth?
The estimated value of the home located at 8945 Maplewood Drive is $0.
What are some comparable homes to 8945 Maplewood Drive?
There are currently no comparable homes to 8945 Maplewood Drive.
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