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Allegan 49010
1228 Bridge Road
$250,000
● House - Off Market

1228 Bridge Road

Allegan, MI 49010
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,920 Ft²
$277,653
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

1+ acre park like setting, it even has a Koi pond for your enjoyment. Located close to town and schools. Anderson Renewal windows less than 2 years, a new roof less than 5 years ago. So much added potential with a 24x30 addition ready to be finished off. The home currently has 2 bedrooms, 1 1/2 baths and features a wood fireplace in the living room along with a screened in porch overlooking the private back yard.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$130
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1975

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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 #21110616)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Oct 11, 2021 Listed by RE/MAX Executive $249,000
Listed by RE/MAX Executive
Nov 12, 1996 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,540
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 2,035
  • Building Area: 2,035
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,035
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT E 1/8 POST SE 1/4 SEC 33 TH S 89 DEG 52' W ON E & W 1/8 LIN SE 1/4 SD SEC 591.05' TO C/L OF BRIDGE RD TH S 38 DEG 48'

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 031200

Zoning

  • Zoning: R-2 LO

Geography

  • District: 01
  • Parcel: 01-033-024-00
  • Meridian: SEC 33 TWN 02N RNG 13W
  • Municipality: ALLEGAN TWP
  • Latitude: 42.5096
  • Longitude: -85.8422

    Address

  • Full Address: 1228 Bridge Rd
  • Address - House Number: 1228
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Allegan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9709
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $203,691

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 63
  • Final Value: 254,552
  • High Value: 320,325
  • Low Value: 188,779

    Market Valuation

  • Market Total Value: $189,800
  • Market Land Value: $22,600
  • Market Improvement Value: $167,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,900
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $83,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 12, 1996
  • Previous Sale Contract Date: Nov 12, 1996
  • Previous Sale Amount: $90,000
  • 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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: Brian K McDonald, RE/MAX Executive
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21110616
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 1228 Bridge Road built and last sold?
The property at 1228 Bridge Road was built in 1975 and last sold on Nov 17, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 1228 Bridge Road is $0.
What are some comparable homes to 1228 Bridge Road?
There are currently no comparable homes to 1228 Bridge Road.
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