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Hillsdale
11554 Bradley Drive
$281,000
● House - Off Market

11554 Bradley Drive

Jerome, MI 49249
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,927 Ft²
$1,530
Est. Monthly
$25
HOA / Fees
6.20%
Cap Rate

About This Property

ALL OFFERS DUE BY FRIDAY, 1/17 @ 12PM (NOON) =) Beautiful Home with Private, All-Sports Lake LeAnn Association Access. Enjoy a double lot, located right next to one of the several mooring sites (boat parking) available for seasonal lease. This Ranch home built in 2003 offers a Grand Entrance, Master Suite with walk-in closet, 2 additional bedrooms with Jack & Jill Bath, Main floor Laundry in entryway from the 2 car attached garage. The Vaulted Living Room opens to a Spacious Kitchen with Large Island and Eat-in space, both offer ample Window Views of the Picturesque Wooded Backdrop and Sparkling View of Lake LeAnn. Full Finished Basement with large Family Room, Full bath, egress window providing tons of additional storage. Make this home yours today!  See you on the Lake! Cheers =)
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$141
Property Type
House
Property Taxes
$167
HOA Dues
$25
Year Built
2003

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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 #23141724)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Nov 10, 2023 Listed by C-21 Affiliated - Jackson $272,500
Listed by C-21 Affiliated - Jackson
Jul 25, 2007 Sold
Premium
Sold
Dec 27, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,374
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,374
  • Gross Building Area: 1,374
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,374
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LE ANN - CHERRY PARK
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LOT 17 LAKE LE ANN - CHERRY PARK COMB ON 11/19/2013 WITH 04 090 001 018 INTO 04 090 001 376;

Neighborhood

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

Geography

  • District: 04
  • Parcel: 04-090-001-017
  • Lot: 17
  • Municipality: SOMERSET TWP
  • Latitude: 42.0654
  • Longitude: -84.4248

    Address

  • Full Address: 11554 Bradley Dr
  • Address - House Number: 11554
  • Address - Street Name: Bradley
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jerome
  • Carrier Code: R042
  • 4-Digit Zip Code: 9740
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.458
  • Valuation Date: Apr 05, 2023
  • Confidence Score: 8
  • Final Value: 184,520
  • High Value: 269,047
  • Low Value: 99,992

    Market Valuation

  • Market Total Value: $147,936
  • Market Improvement Value: $147,936

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,968
  • Assessed Improvements Value: $73,968

    Sales

  • Current Sale Contract Date: Jul 23, 2007
  • Current Sale Recording Date: Jul 25, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 27, 2001
  • Previous Sale Contract Date: Dec 27, 2001
  • Previous Sale Amount: $5,000
  • 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

1905 ft²

Average Home Age

88.5 years

Currently For Sale

106 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: Jodi Burns, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23141724
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 11554 Bradley Drive built and last sold?
The property at 11554 Bradley Drive was built in 2003 and last sold on Jul 23, 2007 for $175,000.
How much is this home worth?
The estimated value of the home located at 11554 Bradley Drive is $275,469.
What are some comparable homes to 11554 Bradley Drive?
There are currently no comparable homes to 11554 Bradley Drive.
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