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Ingham 48854
1873 Eden Road
$95,000
● House - Off Market

1873 Eden Road

Mason, MI 48854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,420 Ft²
$760
Est. Monthly
12.72%
Cap Rate

About This Property

Diamond in the rough! Great investment opportunity to restore this traditional farm house. Property is being sold AS IS. TLC project. Cash ONLY.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$67
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1910

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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 #24008092)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Feb 16, 2024 Listed by BNR Real Estate Group $95,000
Listed by BNR Real Estate Group
Sep 6, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,036
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 1,228
  • Gross Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: V 28-14 BEG @ SW COR OF NE1/4 OF SE1/4 SEC 28 -N 256 FT -E 510.6 FT M/L TO W LN RR R/W -SW'LY ON R/W 259.18 FT M/L TO A PT E

Neighborhood

  • School District Name: Mason Public Schools
  • School Tax School District: 33130
  • Census Tract: 006200

Zoning

  • Zoning: A1

Geography

  • District: 10-10
  • Section: 28
  • Parcel: 33-10-10-28-426-002
  • Meridian: SEC 28 TWN 02N RNG 01W
  • Municipality: VEVAY TWP
  • Latitude: 42.5278
  • Longitude: -84.4277

    Address

  • Full Address: 1873 Eden Rd
  • Address - House Number: 1873
  • Address - Street Name: Eden
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Mason
  • Carrier Code: R006
  • 4-Digit Zip Code: 9233
  • Zip Code: 48854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $349,058
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 189,371
  • High Value: 224,944
  • Low Value: 153,799

    Market Valuation

  • Market Total Value: $132,000
  • Market Land Value: $43,400
  • Market Improvement Value: $88,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,000
  • Assessed Land Value: $21,700
  • Assessed Improvements Value: $44,300

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3439
  • Previous Sale Recording Date: Sep 06, 2022
  • Previous Sale Contract Date: Sep 02, 2022
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 55
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 Ingham

Stats & Trends

Median Asking:

$179,950

Sale Price/ft²

$136

Below Asking

0.04%

Average Days on Market

62

Average Home Size

1658 ft²

Average Home Age

69.8 years

Currently For Sale

78 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: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24008092
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 1873 Eden Road built and last sold?
The property at 1873 Eden Road was built in 1910 and last sold on Feb 16, 2024 for $95,000.
How much is this home worth?
The estimated value of the home located at 1873 Eden Road is $101,251.
What are some comparable homes to 1873 Eden Road?
There are currently no comparable homes to 1873 Eden Road.
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