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St. Joseph 49085
1240 Young Place
$736,000
● House - Off Market

1240 Young Place

St. Joseph, MI 49085
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,255 Ft²
$4,630
Est. Monthly
1.20%
Cap Rate

About This Property

Spacious Mid Century quality home on the St Joseph River. Three parcels of land directly on St.Joseph river. Privacy and a great neighborhood meet unparalleled views of woods and the meandering river. Primary bedroom & bath on main level, with additional 3 bedrooms on second floor. Spacious open great room facing the St Joseph river lined with huge windows and wrap around deck. This main living area welcomes you with a huge stone natural wood burning fireplace, wet bar, attached green house, and dining room with direct access to the large kitchen. The home is being sold in turn key condition with the furniture included. This beautiful home in this incredible location is ready for your personal touches. Priced to sell immediately, make this your forever home.
Unit Size
4,255 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$164
Property Type
House
Property Taxes
$1,197
HOA Dues
-
Year Built
1942

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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 #24017174)

Price History

Date / Event Date Event Price
May 15, 2024 Sold
Premium
Sold
Apr 11, 2024 Listed by Farley Real Estate, Inc. $699,000
Listed by Farley Real Estate, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,196
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 3,863
  • Building Area: 3,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANGLEY HEIGHTS
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 280.5'S OF NE COR OF UNIV LOT 80 IN SEC 26 T4S R19W TH S 62'TH N 89DEG20'E 44.35'TH N9DEG13'E 173.62'TO SELY COR OF LOT

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 001000

Zoning

  • Zoning: R1 - A

Geography

  • Assessors Map Reference: 026-3
  • District: 76
  • Parcel: 76-0026-0169-14-7
  • Lot: 13-80
  • Meridian: SEC 26 TWN 04S RNG 19W
  • Municipality: ST JOSEPH CITY
  • Latitude: 42.092
  • Longitude: -86.4758

    Address

  • Full Address: 1240 Young Pl
  • Address - House Number: 1240
  • Address - Street Name: Young
  • Address - Suffix Type: Pl
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: C005
  • 4-Digit Zip Code: 2126
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,389,048
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 685,127
  • High Value: 843,493
  • Low Value: 526,760

    Market Valuation

  • Market Total Value: $575,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,800
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 St. Joseph

Stats & Trends

Median Asking:

$369,450

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1707 ft²

Average Home Age

78.6 years

Currently For Sale

31 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

Unit for rent at 1920 Langley Ave Avenue, St. Joseph, MI, 49085

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1920 Langley Ave Avenue, St. Joseph, MI, 49085 Listing by Michael George Lirones

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Matthew T Farley, Farley Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24017174
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 1240 Young Place built and last sold?
The property at 1240 Young Place was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1240 Young Place is $0.
What are some comparable homes to 1240 Young Place?
There are currently no comparable homes to 1240 Young Place.
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