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Hillsdale
10791 Montview Drive
$29,999
● Land - Off Market

10791 Montview Drive

Jerome, MI 49249
bedrooms
Studio
bathrooms
0 Bath
$203
Est. Monthly
$20
HOA / Fees

About This Property

GREAT BUILDING SITE just a stone's throw away from private all sport's Lake LeAnn.  Come take a look at this LARGE and LEVEL DOUBLE lot on a less traveled gravel road within with a short walking distance to south lake and private beach.  Possible water views when house is built. This listing is for two lots which total is 120' of road frontage and 150' deep.  Both lots are cleared and ready for your dream home.  There is annual HOA fee of $170 per lot.  Docking space is a based on a random draw number for the lottery annually each year with deadline to enter of March 1st.  More info available through the Lake LeAnn Property Association.  Beautiful vacant parcels like this close to water are hard to find! Call me or your favorite realtor for more info!
Unit Size
-
Days on Market
211 days
Land Size
0.42 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
HOA Dues
$20
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: 2 years ago (MichRIC MLS #24058878)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
May 21, 2025 Price Decreased $33,111
↓ $2K (6.2%)
Price Decreased
Nov 7, 2024 Listed by CENTURY 21 Affiliated $35,311
Listed by CENTURY 21 Affiliated
Aug 19, 2013 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: 9,017
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • 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: V
  • Subdivision: LAKE LE ANN - LAKEVIEW
  • Land Acres: 0000000207
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: LOT 50 LAKE LE ANN - LAKEVIEW

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050102

Zoning

  • Zoning: RU1

Geography

  • District: 04
  • Parcel: 04-150-001-050
  • Lot: 50
  • Municipality: SOMERSET TWP
  • Latitude: 42.0558
  • Longitude: -84.4415

    Address

  • Full Address: 10791 Montview Dr
  • Address - House Number: 10791
  • Address - Street Name: Montview
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jerome
  • Carrier Code: R042
  • 4-Digit Zip Code: 9553
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,636
  • Initial Tax Delinquent Year: 2021

    Market Valuation

  • Market Total Value: $4,877
  • Market Land Value: $4,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,440

    Sales

  • Current Sale Contract Date: Aug 16, 2013
  • Current Sale Recording Date: Aug 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 20, 1990
  • Previous Sale Contract Date: Dec 20, 1990
  • 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 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

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MichRIC

Listed by: Lisa Marelli, CENTURY 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24058878
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 10791 Montview Drive built and last sold?
The property at 10791 Montview Drive was built in and last sold on Aug 16, 2013 for $2,000.
How much is this home worth?
The estimated value of the home located at 10791 Montview Drive is $0.
What are some comparable homes to 10791 Montview Drive?
There are currently no comparable homes to 10791 Montview Drive.
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