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Branch 49036
107 Cardinal Drive
$107,000
● House - Off Market

107 Cardinal Drive

Coldwater, MI 49036
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$158,160
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

*NEW LISTING*  Super cute home in the highly sought out subdivision of Fiesta Shores.  This home features 3 bedrooms, 2 bathrooms, a large kitchen with dining area, and a laundry room.  Newly remodeled, with new paint and flooring.  This home sits on 2 lots in a nice secluded setting with a good sized backyard.  All appliances stay with the home!  Home is right near All Sports-Rose Lake, included in the association fees are use of the beach and the boat launch for Rose Lake!  Enjoy the lake life, without the cost of living directly on the water!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$98
Property Type
House
Property Taxes
$101
HOA Dues
$18
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: 3 years ago (MichRIC MLS #20021010)

Price History

Date / Event Date Event Price
Feb 1, 2024 Sold
Premium
Sold
Nov 13, 2023 Listed by Coldwell Banker Groves Real Estate $145,000
Listed by Coldwell Banker Groves Real Estate
Oct 21, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Coldwell Banker Groves Real Estate $117,000
Listed by Coldwell Banker Groves Real Estate
Jan 9, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

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: 13,068
  • 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
  • Property Class: R
  • Subdivision: FIESTA SHORES
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: FIESTA SHORES LOT 168 & 169 SEC 19-30 T7S R6W COMB FOR 2005 WITH F20-000-168-00& F20-000-169-00

Neighborhood

  • School District Name: Coldwater Community Schools
  • School Tax School District: COLDWATER
  • Census Tract: 951100

Geography

  • District: 110
  • Parcel: 110-F20-000-168-99
  • Lot: 168-169
  • Municipality: OVID TWP
  • Latitude: 41.8443
  • Longitude: -85.0578

    Address

  • Full Address: 107 Cardinal Dr
  • Address - House Number: 107
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Coldwater
  • Carrier Code: R001
  • 4-Digit Zip Code: 9745
  • Zip Code: 49036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,345
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.1112
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 88
  • Final Value: 141,693
  • High Value: 157,456
  • Low Value: 125,929

    Market Valuation

  • Market Total Value: $107,476

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,738

    Sales

  • Current Sale Contract Date: Jan 24, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 466
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $107,000
  • 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 Branch

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

60

Average Home Size

2018 ft²

Average Home Age

63.4 years

Currently For Sale

116 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

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MichRIC

Listed by: Jessica Hayes, Coldwell Banker Groves Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20021010
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 107 Cardinal Drive built and last sold?
The property at 107 Cardinal Drive was built in and last sold on Jan 24, 2024 for $144,200.
How much is this home worth?
The estimated value of the home located at 107 Cardinal Drive is $0.
What are some comparable homes to 107 Cardinal Drive?
There are currently no comparable homes to 107 Cardinal Drive.
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