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Hillsdale 49247
13537 Young Drive
$250,000
● House - Off Market

13537 Young Drive

Hudson, MI 49247
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$1,645
Est. Monthly
6.83%
Cap Rate

About This Property

Private All Sport Lime Lake!  Breathtaking View! Peaceful setting for this terrific, Ranch home, featuring an open floor plan with three bedrooms, bath and a wonderful, enclosed sunporch.  Relax on the patio and enjoy the beautiful lakeside yard. This is the perfect lakefront, features level lot, spectacular views, with 64 ft of lakefront to enjoy boating, swimming, kayaking and great fishing.  10 minutes to restaurants and stores. Conveniently located just of US 127. Only 20 minutes from US-12 & Ohio Route 20, via Highway 127.

Perfect for a year-round home or a great cottage getaway.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$255
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1960

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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 #24026190)

Price History

Date / Event Date Event Price
Sep 9, 2024 Sold
Premium
Sold
Aug 21, 2024 In contract -
In contract
Jul 25, 2024 Price Decreased $264,900
↓ $10K (3.6%)
Price Decreased
Jun 20, 2024 Price Decreased $274,900
↓ $14K (4.9%)
Price Decreased
Jun 10, 2024 Price Decreased $289,000
↓ $11K (3.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 11,892
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIME LAKE SHADEY SHORES SUB
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 41 LIME LAKE SHADEY SHORES SUB

Neighborhood

  • School District Name: Waldron Area Schools
  • Census Tract: 061800

Geography

  • District: 17
  • Parcel: 17-045-001-041
  • Lot: 41
  • Municipality: WRIGHT TWP
  • Latitude: 41.7866
  • Longitude: -84.3901

    Address

  • Full Address: 13537 Young Dr
  • Address - House Number: 13537
  • Address - Street Name: Young
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Hudson
  • Zip Code: 49247

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $77,671

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 83,822
  • High Value: 95,926
  • Low Value: 71,717

    Market Valuation

  • Market Total Value: $141,583
  • Market Land Value: $41,154
  • Market Improvement Value: $100,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,800

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 593653
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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: PENNY NOREIKA, RE/MAX IRISH HILLS REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24026190
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 13537 Young Drive built and last sold?
The property at 13537 Young Drive was built in 1960 and last sold on Sep 13, 2022 for $169,000.
How much is this home worth?
The estimated value of the home located at 13537 Young Drive is $0.
What are some comparable homes to 13537 Young Drive?
There are currently no comparable homes to 13537 Young Drive.
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