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St. Joseph 49042
12464 Quaker Street
$180,000
● House - Off Market

12464 Quaker Street

Constantine, MI 49042
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,196 Ft²
$1,190
Est. Monthly
6.32%
Cap Rate

About This Property

OPEN HOUSE WEDNESDAY 2/5/25 4-6PM 12464 Quaker St Constantine MI 49042 HUD Home for sale in Constantine Township, Constantine Schools. 2 bed, 1 full bath on main floor with a room converted to main floor laundry. There is a large basement with 2 bonus rooms and steam/shower, attached 2 car garage, additional 2 car detached garage and a inground pool . FHA Case #263-552314  Code UI 203k eligible Buyer to verify all info. HUD does NOT pay for title insurance. Raine makes no warranty as to the existence of mold in this property, & is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached LBP & Disclosure for HUD Homes. ASK ABOUT SPECIAL $100 DOWN FINANCING AVAILABLE ON HUD HOMES
Unit Size
1,196 Ft²
Days on Market
68 days
Land Size
1.10 acres
Price per sqft
$143
Property Type
House
Property Taxes
$350
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: 2 years ago (MichRIC MLS #25003820)

Price History

Date / Event Date Event Price
Apr 10, 2025 Sold
Premium
Sold
Feb 12, 2025 In contract -
In contract
Feb 1, 2025 Listed by REO Specialists, L.L.C. $171,000
Listed by REO Specialists, L.L.C.
Aug 10, 2023 Sold
Premium
Sold
Dec 29, 1987 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWLARK
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 7 & 8 MEADOWLARK SUBDIV SEC 28 T7S R12W

Neighborhood

  • School District Name: Constantine Public School District
  • School Tax School District: CONSTANTINE
  • Census Tract: 041101

Geography

  • District: 003
  • Parcel: 003-085-007-00
  • Lot: 7-8
  • Meridian: SEC 28 TWN 07S RNG 12W
  • Municipality: CONSTANTINE TOWNSHIP
  • Latitude: 41.8312
  • Longitude: -85.712

    Address

  • Full Address: 12464 Quaker St
  • Address - House Number: 12464
  • Address - Street Name: Quaker
  • Address - Suffix Type: St
  • State: MI
  • City Name: Constantine
  • Carrier Code: R003
  • 4-Digit Zip Code: 9619
  • Zip Code: 49042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $61,943

    Appraisal Valuation

  • Standard Deviation: 0.2672
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 181,345
  • High Value: 229,806
  • Low Value: 132,885

    Market Valuation

  • Market Total Value: $162,200
  • Market Land Value: $16,600
  • Market Improvement Value: $145,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,100
  • Assessed Land Value: $8,300
  • Assessed Improvements Value: $72,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2023
  • Current Sale Recording Date: Aug 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 5765
  • Previous Sale Recording Date: Dec 29, 1987
  • Previous Sale Contract Date: Dec 29, 1987
  • Previous Sale Amount: $53,000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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: Richard L Stewart, REO Specialists, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25003820
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 12464 Quaker Street built and last sold?
The property at 12464 Quaker Street was built in and last sold on Aug 3, 2023 for $141,050.
How much is this home worth?
The estimated value of the home located at 12464 Quaker Street is $0.
What are some comparable homes to 12464 Quaker Street?
There are currently no comparable homes to 12464 Quaker Street.
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