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Calhoun 49068
941 Orchard Drive
$110,000
● House - Off Market

941 Orchard Drive

Marshall, MI 49068
bedrooms
2 Beds
bathrooms
1 Bath
square feet
592 Ft²
$137,219
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

www.matthewdavis.realestateone.com; Call Matt, -cell. STUART LAKE FRONTAGE. Small lake cottage with direct lake frontage. Kitchen, living room, front enclosed porch, 2 bedrooms. On a slab with a large backyard. Home could use updating. Septic system on property, however, is older and will not pass inspection--while it currently works fine, it may warrant replacement any time. Seller is pricing home with that in mind. Conventional financing may be available with the right lender, but is not preferred.
Unit Size
592 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$203
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
1940

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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: 3 years ago (MichRIC MLS #21005325)

Price History

Date / Event Date Event Price
Aug 19, 2021 Sold
Premium
Sold
Feb 24, 2021 No longer available -
No longer available
Feb 23, 2021 Listed by Real Estate One Rosemary Davis $119,900
Listed by Real Estate One Rosemary Davis
Jan 8, 2021 Relisted $134,900
Relisted
Jan 6, 2021 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,268
  • Lot Size Frontage Feet: 426
  • Total Building Area: 592
  • Building Area: 592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUPERVISORS PLAT OF STUART BREEZE
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ECKFORD TOWNSHIP T3S R5W SECTION 7SUPERVISORS PLAT OF STUART BREEZEW 1/2 LOT 4LAKE FRONTAGE: 42.65 FTROAD FRONTAGE: 43.34 FT

Neighborhood

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

Geography

  • District: 09
  • Parcel: 09-075-015-00
  • Lot: 4L
  • Meridian: SEC 07 TWN 03S RNG 05W
  • Municipality: ECKFORD TWP
  • Latitude: 42.2309
  • Longitude: -84.9384

    Address

  • Full Address: 941 Orchard Dr
  • Address - House Number: 941
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: R001
  • 4-Digit Zip Code: 9743
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 87
  • Final Value: 113,275
  • High Value: 126,322
  • Low Value: 100,228

    Market Valuation

  • Market Total Value: $133,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,900

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 27, 1999
  • Previous Sale Contract Date: Dec 27, 1999
  • 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 Calhoun

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1829 ft²

Average Home Age

73.1 years

Currently For Sale

333 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

Unit for rent at 1029 Rebecca Street, Marshall, MI, 49068

$3,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,881 ft²
1029 Rebecca Street #13, Marshall, MI, 49068 Listing by Lisa C Bartleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21005325
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 941 Orchard Drive built and last sold?
The property at 941 Orchard Drive was built in 1940 and last sold on Aug 6, 2021 for $105,000.
How much is this home worth?
The estimated value of the home located at 941 Orchard Drive is $0.
What are some comparable homes to 941 Orchard Drive?
There are currently no comparable homes to 941 Orchard Drive.
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