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Calhoun 49068
9098 17 Mile Road
$192,500
● House - Off Market

9098 17 Mile Road

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,237 Ft²
$1,249
Est. Monthly
7.00%
Cap Rate

About This Property

3-bedroom, 1-bath ranch on 1.4 acres just minutes from Marshall. Features a bright living space, functional kitchen, and full basement. Detached garage adds convenience and storage. Spacious lot provides room for outdoor use or future projects with close access to city amenities
Unit Size
1,237 Ft²
Days on Market
41 days
Land Size
1.45 acres
Price per sqft
$169
Property Type
House
Property Taxes
$222
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 #25042288)

Price History

Date / Event Date Event Price
Sep 30, 2025 Sold
Premium
Sold
Sep 5, 2025 In contract -
In contract
Aug 30, 2025 Price Decreased $209,000
↓ $10K (4.6%)
Price Decreased
Aug 20, 2025 Listed by Real Estate One Rosemary Davis $219,000
Listed by Real Estate One Rosemary Davis
Dec 10, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 792
  • Garage Type: 7
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 1,237
  • Building Area: 1,237
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,237
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001450
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: FREDONIA TOWNSHIP T3S R6W SEC 13BEG 396 FT N OF SW SEC COR,E 660 FT, N 66 FT, W 660 FT, S TO BEG 1.00 AC +

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 004000

Zoning

  • Zoning: RESIDEN

Geography

  • District: 11
  • Parcel: 11-113-105-00
  • Meridian: SEC 01 TWN 03S RNG 06W
  • Municipality: FREDONIA TWP
  • Latitude: 42.2043
  • Longitude: -84.9614

    Address

  • Full Address: 9098 17 Mile Rd
  • Address - House Number: 9098
  • Address - Street Name: 17 Mile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Marshall
  • Carrier Code: R006
  • 4-Digit Zip Code: 9794
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $154,025

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 62
  • Final Value: 150,298
  • High Value: 189,572
  • Low Value: 111,024

    Market Valuation

  • Market Total Value: $131,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,500

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 24, 2017
  • Previous Sale Contract Date: Dec 05, 2016
  • Previous Sale Amount: $36,500
  • Previous Sale Document Type: 68
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 Calhoun

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1825 ft²

Average Home Age

73.3 years

Currently For Sale

332 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: Aron Hodo, Real Estate One Rosemary Davis
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25042288
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 9098 17 Mile Road built and last sold?
The property at 9098 17 Mile Road was built in and last sold on Dec 6, 2019 for $93,000.
How much is this home worth?
The estimated value of the home located at 9098 17 Mile Road is $0.
What are some comparable homes to 9098 17 Mile Road?
There are currently no comparable homes to 9098 17 Mile Road.
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