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Albion 49224
1018 Hall Street
$167,000
● House - Off Market

1018 Hall Street

Albion, MI 49224
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,016 Ft²
$893
Est. Monthly
11.70%
Cap Rate

About This Property

Step inside this beautifully updated three-bedroom home and fall in love with the modern finishes and thoughtful details throughout. From the custom-built pantry that adds convenience and storage, to the welcoming mudroom that keeps things organized, every space has been designed with function and style in mind.

The kitchen shines with stainless steel appliances, while the home features durable 100% waterproof LVP flooring that blends beautifully. Enjoy relaxing on one of two porches or the large backyard.

Outside, you'll appreciate the 24x36 garage with a brand-new metal roof-offering plenty of space for vehicles, hobbies, or storage. With every corner remodeled and move-in ready, this Albion gem is one you don't want to miss!
Unit Size
1,016 Ft²
Days on Market
53 days
Land Size
0.20 acres
Price per sqft
$164
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
1954

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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 #25043197)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Premium
Sold
Sep 26, 2025 In contract -
In contract
Sep 16, 2025 Price Decreased $167,000
↓ $7K (4%)
Price Decreased
Aug 25, 2025 Listed by RE/MAX Perrett Associates - Marshall $174,000
Listed by RE/MAX Perrett Associates - Marshall
Nov 21, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • 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: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,843
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 670
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERIDAN HEIGHTS ADDITION #1
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, ASSESSORS PLAT # 1 SHERIDAN HEIGHTS ADDITION LOT 90

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003500

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-011-090-00
  • Lot: 90
  • Municipality: ALBION CITY
  • Latitude: 42.256
  • Longitude: -84.7443

    Address

  • Full Address: 1018 Hall St
  • Address - House Number: 1018
  • Address - Street Name: Hall
  • Address - Suffix Type: St
  • State: MI
  • City Name: Albion
  • Carrier Code: C002
  • 4-Digit Zip Code: 1430
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $84,118

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 109,819
  • High Value: 161,112
  • Low Value: 58,525

    Market Valuation

  • Market Total Value: $85,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,500

    Sales

  • Current Sale Contract Date: Nov 10, 2006
  • Current Sale Recording Date: Nov 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
  • Previous Sale Recording Date: Mar 08, 2006
  • Previous Sale Contract Date: Feb 24, 2006
  • Previous Sale Amount: $18,414
  • Previous Sale Document Type: 64
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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1488 ft²

Average Home Age

107.6 years

Currently For Sale

16 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: Breanne Speer, RE/MAX Perrett Associates - Marshall
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25043197
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 1018 Hall Street built and last sold?
The property at 1018 Hall Street was built in 1954 and last sold on Nov 10, 2006 for $29,200.
How much is this home worth?
The estimated value of the home located at 1018 Hall Street is $164,120.
What are some comparable homes to 1018 Hall Street?
There are currently no comparable homes to 1018 Hall Street.
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