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Waldron 49288
107 Carpenter Street
$58,000
● House - Off Market

107 Carpenter Street

Waldron, MI 49288
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,700 Ft²
$104,193
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

3 Bedroom 1 Bath home, metal roof on main house, 3-1 on balance, needs updating, has stairs to attic,bonus room thru upper bedroom, 6 box & 4 open stall 40x24 pole barn with water and electric, 2 story garage/workshop,  2 car attached garage is finished w/ drywall, possession after personal property auction 7/8/17 or before with cash purchase. Located in the south end of Waldron, semi secluded. Will not RD, VA, or FHA.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.58 acres
Price per sqft
$38
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1870

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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 #17005732)

Price History

Date / Event Date Event Price
Jun 21, 2017 Sold
Premium
Sold
Feb 15, 2017 Listed by Michael Auction & Realty Service LLC $64,900
Listed by Michael Auction & Realty Service LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 3
  • Total Rooms: 10
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 375
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,999
  • Lot Size Depth Feet: 2,320
  • Lot Size Frontage Feet: 2,970
  • Total Building Area: 1,000
  • Gross Building Area: 1,625
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH WRIGHT
  • Land Acres: 0000001584
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 17, 18, 19, 46, 47 & 48 & N 29 FT LOTS 20 & 45 SOUTH WRIGHT SEC 4 T9S R1W VILLAGE OF WALDRON

Neighborhood

  • School District Name: Waldron Area Schools
  • Census Tract: 051100

Geography

  • District: 17
  • Parcel: 17-085-001-008
  • Lot: 17,18
  • Meridian: SEC 04 TWN 09S RNG 01W
  • Municipality: WRIGHT TWP
  • Latitude: 41.7201
  • Longitude: -84.4204

    Address

  • Full Address: 107 Carpenter St
  • Address - House Number: 107
  • Address - Street Name: Carpenter
  • Address - Suffix Type: St
  • State: MI
  • City Name: Waldron
  • Carrier Code: R081
  • 4-Digit Zip Code: 9792
  • Zip Code: 49288

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $71,963

    Market Valuation

  • Market Total Value: $97,054
  • Market Land Value: $8,749
  • Market Improvement Value: $88,305

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 31, 2001
  • Previous Sale Contract Date: Mar 31, 2001
  • Previous Sale Document Type: 27
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 Waldron

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$109

Below Asking

0.02%

Average Days on Market

83

Average Home Size

1897 ft²

Average Home Age

76.5 years

Currently For Sale

2 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: John Michael, Michael Auction & Realty Service LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17005732
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 Carpenter Street built and last sold?
The property at 107 Carpenter Street was built in 1870 and last sold on Jun 19, 2017 for $58,000.
How much is this home worth?
The estimated value of the home located at 107 Carpenter Street is $0.
What are some comparable homes to 107 Carpenter Street?
There are currently no comparable homes to 107 Carpenter Street.
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