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Mendon 49072
117 E Main Street
$135,000
● House - Off Market

117 E Main Street

Mendon, MI 49072
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,640 Ft²
$150,250
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Move in READY in the village of Mendon, home of the Hornets!  New furnace, air conditioning, hot water heater, all new plumbing throughout and electrical has been updated!  Traditional floor plan with large eat in kitchen, formal dining room and large living room with lots of natural light.  New full bath on the main level with laundry.  The upstairs has 2 large bedrooms and a full bath!  There is also a room off the kitchen that could be used as an office/craft room or easily turned into a third bedroom.  Call today for you personal viewing!
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$79
Property Type
House
Property Taxes
$117
HOA Dues
-
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 #21021302)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
Jun 7, 2021 Listed by Five Star Real Estate $130,000
Listed by Five Star Real Estate
Feb 19, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 640
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTONS ADDITION
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 41 FT OF LOT 7 & E 33 FT OF LOTS 1 & 2 BLK 1 NORTON'S ADD. VIL OF MENDON. EST 0.23 A+/-. (BDY CHG W/ 044-160-012-00 OCT/15.

Neighborhood

  • School District Name: Mendon Community School District
  • School Tax School District: MENDON
  • Census Tract: 041000

Zoning

  • Zoning: VIL RES

Geography

  • District: 044
  • Parcel: 044-160-007-00
  • Block: 1
  • Lot: 1-2,7
  • Municipality: MENDON VILLAGE
  • Latitude: 42.007
  • Longitude: -85.4489

    Address

  • Full Address: 117 E Main St
  • Address - House Number: 117
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MI
  • City Name: Mendon
  • Carrier Code: R011
  • 4-Digit Zip Code: 9646
  • Zip Code: 49072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $99,845

    Appraisal Valuation

  • Standard Deviation: 0.359
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 28
  • Final Value: 114,816
  • High Value: 156,036
  • Low Value: 73,595

    Market Valuation

  • Market Total Value: $107,400
  • Market Land Value: $4,200
  • Market Improvement Value: $103,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,700
  • Assessed Land Value: $2,100
  • Assessed Improvements Value: $51,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021007526
  • Previous Sale Recording Date: Feb 19, 2020
  • Previous Sale Contract Date: Jan 26, 2020
  • Previous Sale Amount: $49,000
  • 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 Mendon

Stats & Trends

Median Asking:

$158,700

Sale Price/ft²

$142

Below Asking

0.04%

Average Days on Market

46

Average Home Size

1913 ft²

Average Home Age

86 years

Currently For Sale

1 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: Debbie J Stuck, Five Star Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21021302
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 117 East Main Street built and last sold?
The property at 117 East Main Street was built in and last sold on Jul 22, 2021 for $135,000.
How much is this home worth?
The estimated value of the home located at 117 East Main Street is $0.
What are some comparable homes to 117 East Main Street?
There are currently no comparable homes to 117 East Main Street.
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