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Allegan 49010
1275 Bridge Road
$42,000
● House - Off Market

1275 Bridge Road

Allegan, MI 49010
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,468 Ft²
$97,157
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

CHARMING WOODEN SHAKE HOUSE NEEDING TO BE RESTORED....VERY CLOSE TO TOWN YET TOWNSHIP TAXES...SCHOOL CLOSE BY AS WELL.... HOME SITS ON 4 LOTS AND COULD POSSIBLY BE BROKE APART BUT DEFINATELY FEELS MORE PRIVATE IN IT'S CURRENT STATUS...3 BEDROOMS, FAMILY ROOM ADD ON HAS A BRICK FIREPLACE, HOME DOES HAVE A NEWER ROOF....3 CAR DETACHED GARAGE, AND A STORM SHELTER.....ESTATE PROPERTY AND IS BEING SOLD IN AS IS CONDITION REGARDING ANY AND ALL REPAIRS INCLUDING THE WELL AND SEPTIC. ESTATE DID HAVE THE HOME AND GARAGE TREATED FOR TERMITES.
Unit Size
1,468 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$34
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1950

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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 #13045505)

Price History

Date / Event Date Event Price
Sep 20, 2013 Sold
Premium
Sold
Jul 30, 2013 Listed by Maurer Real Estate LLC $49,900
Listed by Maurer Real Estate LLC

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • 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: 14,418
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SO SIDE EVERGREEN
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 7 & 8 SO SIDE EVERGREEN SUB'D SEC 34 T2N R13W.

Neighborhood

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

Zoning

  • Zoning: R-2 LO

Geography

  • District: 01
  • Parcel: 01-610-007-00
  • Lot: 7-8
  • Meridian: SEC 34 TWN 02N RNG 13W
  • Municipality: ALLEGAN TWP
  • Latitude: 42.513
  • Longitude: -85.8379

    Address

  • Full Address: 1275 Bridge Rd
  • Address - House Number: 1275
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Allegan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9781
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $140,667

    Appraisal Valuation

  • Standard Deviation: 0.2658
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 62
  • Final Value: 199,035
  • High Value: 251,947
  • Low Value: 146,123

    Market Valuation

  • Market Total Value: $136,000
  • Market Land Value: $20,000
  • Market Improvement Value: $116,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $58,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2013
  • Current Sale Recording Date: Sep 26, 2013
  • Current 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 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: Susan E Maurer, Maurer Real Estate LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 13045505
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 1275 Bridge Road built and last sold?
The property at 1275 Bridge Road was built in 1950 and last sold on Sep 19, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 1275 Bridge Road is $0.
What are some comparable homes to 1275 Bridge Road?
There are currently no comparable homes to 1275 Bridge Road.
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