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Mason 48854
202 Katheryn Street
$75,250
● House - Off Market

202 Katheryn Street

Mason, MI 48854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,052 Ft²
$582
Est. Monthly
18.18%
Cap Rate

About This Property

Fixer-Upper Opportunity in Mason, Michigan!

Nestled in a fantastic neighborhood, this one-level home with an attached garage offers an exciting renovation project for savvy buyers! The property boasts a new roof, just two years old, providing a solid foundation for your future updates and improvements.

Featuring a convenient layout all on a single level, this home is ready for a creative touch to bring it back to its full potential. With a little elbow grease and vision, this property can be transformed into a charming and comfortable abode.

Don't miss this chance to create your dream home in a wonderful location. Contact us today to schedule a viewing and start planning your renovation journey!
Unit Size
1,052 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$71
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1956

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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 #24022915)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
May 9, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $75,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 9
  • Basement Area: 1,052
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,052
  • Gross Building Area: 1,052
  • Building Area: 1,052
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASON
  • Land Acres: 0000000250
  • Standard Land Use Code: 1016
  • County Land Use Code: 401
  • Legal Description 1: LOT 7, SNYDER'S ADDN, SEC 8 T2N R1W CITY OF MASON, INGHAM CO.

Neighborhood

  • School District Name: Mason Public Schools
  • School Tax School District: 33130
  • Census Tract: 006302

Zoning

  • Zoning: RS3

Geography

  • District: 19-10
  • Parcel: 33-19-10-08-102-006
  • Lot: 7
  • Meridian: SEC 08 TWN 02N RNG 01W
  • Municipality: MASON CITY
  • Latitude: 42.581
  • Longitude: -84.4613

    Address

  • Full Address: 202 Katheryn St
  • Legal Unit: 7
  • Address - House Number: 202
  • Address - Street Name: Katheryn
  • Address - Suffix Type: St
  • State: MI
  • City Name: Mason
  • Carrier Code: C003
  • 4-Digit Zip Code: 1408
  • Zip Code: 48854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $242,614

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 68
  • Final Value: 157,838
  • High Value: 193,873
  • Low Value: 121,803

    Market Valuation

  • Market Total Value: $111,640
  • Market Land Value: $33,800
  • Market Improvement Value: $77,840

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,820
  • Assessed Land Value: $16,900
  • Assessed Improvements Value: $38,920

    Exemptions

  • Homeowner Exemption: Yes
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 Mason

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$138

Above Asking

0.00%

Average Days on Market

36

Average Home Size

580 ft²

Average Home Age

142 years

Currently For Sale

1 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: DEANN E GUMBERT, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24022915
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 202 Katheryn Street built and last sold?
The property at 202 Katheryn Street was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 202 Katheryn Street is $75,750.
What are some comparable homes to 202 Katheryn Street?
There are currently no comparable homes to 202 Katheryn Street.
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