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Hillsdale 49233
10670 Emerald Drive
Photo of 10670 Emerald Drive
Sold on Jun 12, 2026

3

Map

Photo of 10670 Emerald Drive
Photo of 10670 Emerald Drive
$85,000
● Land - Off Market

10670 Emerald Drive

Cement City, MI 49233
bedrooms
Studio
bathrooms
0 Bath
$579
Est. Monthly
$25
HOA / Fees

About This Property

Located on beautiful and private Lake Somerset at the crossroads of Hillsdale, Jackson, and Lenawee Counties, this lakefront lot is available for your new project. This property location provides the tranquility of lakeview with reduced watercraft traffic in front of your new home. Lot provides ability for walkout basement and garage. You will love lakefront life and this offering includes access to the four awesome association parks and beaches. Builders are ready for your project. Contact Realtor with your questions to view this property.
Unit Size
-
Days on Market
67 days
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$63
HOA Dues
$25
Year Built
-

Payment Calculator

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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: 5 months ago (MichRIC MLS #26013788)

Price History

Date / Event Date Event Price
Jun 12, 2026 Sold
Premium
Sold
May 28, 2026 In contract -
In contract
Apr 6, 2026 Listed by Coldwell Banker Beiswanger Realty Group $100,000
Listed by Coldwell Banker Beiswanger Realty Group
Jul 12, 2004 Sold
Premium
Sold
Jul 5, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Subdivision: LAKE SOMERSET - HILLANDALE
  • Land Acres: 0000000260
  • Standard Land Use Code: 0010
  • County Land Use Code: 01
  • Legal Description 1: LOT 67 LAKE SOMERSET - HILLANDALE COMB ON 09/06/2017 WITH 04 195 001 067 INTO 04 195 001 314;

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050100

Geography

  • District: 04
  • Parcel: 04-195-001-068
  • Lot: 67
  • Municipality: SOMERSET TWP
  • Latitude: 42.0541
  • Longitude: -84.3903

    Address

  • Full Address: 10670 Emerald Dr
  • Address - House Number: 10670
  • Address - Street Name: Emerald
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Cement City
  • Carrier Code: R032
  • 4-Digit Zip Code: 9037
  • Zip Code: 49233

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $37,739
  • Market Land Value: $37,739

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,870
  • Assessed Land Value: $18,870

    Sales

  • Current Sale Contract Date: Jun 30, 2004
  • Current Sale Recording Date: Jul 12, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 05, 2000
  • Previous Sale Contract Date: Jul 05, 2000
  • Previous Sale Amount: $10,700
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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 13915 Grandpoint Drive, Cement City, MI, 49233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,056 ft²
13915 Grandpoint Drive, Cement City, MI, 49233 Listing by ERIC ROPP

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Doug Beiswanger, Coldwell Banker Beiswanger Realty Group
Last Updated: 5 months ago
Data Source: MichRIC, MLS# 26013788
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 10670 Emerald Drive built and last sold?
The property at 10670 Emerald Drive was built in and last sold on Jun 30, 2004 for $140,000.
How much is this home worth?
The estimated value of the home located at 10670 Emerald Drive is $0.
What are some comparable homes to 10670 Emerald Drive?
There are currently no comparable homes to 10670 Emerald Drive.
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