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Albion 49224
1210 First Street
$132,500
● House - Off Market

1210 First Street

Albion, MI 49224
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,848 Ft²
$692
Est. Monthly
20.12%
Cap Rate
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$70
Property Type
House
Property Taxes
$54
HOA Dues
-
Year Built
1948

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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 #24032187)

Price History

Date / Event Date Event Price
Aug 14, 2024 Sold
Premium
Sold
Jul 6, 2024 In contract -
In contract
Jun 22, 2024 Listed by ACE Real Estate Services $129,900
Listed by ACE Real Estate Services
Oct 22, 2015 Sold
Premium
Sold
Aug 27, 2015 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 4
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 636
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSORS PLAT OF HARTWELL ADDITION
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, ASSESSORS PLAT OF HARTWELL ADDITION LOT 62. (1210 FIRST)

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003600

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-005-762-00
  • Lot: 62
  • Municipality: ALBION CITY
  • Latitude: 42.2563
  • Longitude: -84.7574

    Address

  • Full Address: 1210 1st St
  • Address - House Number: 1210
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MI
  • City Name: Albion
  • Carrier Code: C006
  • 4-Digit Zip Code: 1043
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $60,084

    Appraisal Valuation

  • Standard Deviation: 0.4802
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 3
  • Final Value: 36,745
  • High Value: 54,392
  • Low Value: 19,097

    Market Valuation

  • Market Total Value: $39,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2015
  • Current Sale Recording Date: Oct 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 06, 2013
  • Previous Sale Contract Date: Nov 12, 2013
  • Previous Sale Amount: $6,500
  • Previous Sale Document Type: 55
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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1494 ft²

Average Home Age

105 years

Currently For Sale

15 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: Joseph Verbeke, ACE Real Estate Services
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24032187
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 1210 1st Street built and last sold?
The property at 1210 1st Street was built in 1948 and last sold on Aug 27, 2015 for $30,000.
How much is this home worth?
The estimated value of the home located at 1210 1st Street is $123,166.
What are some comparable homes to 1210 1st Street?
There are currently no comparable homes to 1210 1st Street.
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