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Concord 49237
209 Railroad Street
$119,000
● House - Off Market

209 Railroad Street

Concord, MI 49237
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,164 Ft²
$122,668
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Convenient location for this 2 bedroom bungalow in the Village of Concord with a large 2 1/2 car garage. This home has lots of potential. With a little TLC it will make a great primary residence or investment property. Amenities include an eat-in space kitchen, living, front porch, main level laundry, bathroom, & small bedroom. You will find a landing area upstairs with a spacious bedroom. Newer furnace and A/.C.  Home is walking distance to the Falling Waters Trail and the school.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$103
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
1910

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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 #22014492)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Apr 26, 2022 Listed by HOWARD HANNA REAL ESTATE SERVI $119,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 135
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSRS VILLAGE OF CONCORD
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT THE INTERSECTION OF THE S LN OF RAILROAD ST WITH THE E LN OF UNION ST TH N 89? 33'30''E ALG THE S LN OF RAILROAD ST

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006401

Zoning

  • Zoning: URRES

Geography

  • Assessors Map Reference: MAPS
  • District: 03
  • Section: 211
  • Parcel: 005-11-27-351-088-00
  • Lot: 124
  • Meridian: SEC 27 TWN 03S RNG 03W
  • Municipality: CONCORD VILLAGE
  • Latitude: 42.1793
  • Longitude: -84.643

    Address

  • Full Address: 209 Railroad St
  • Address - House Number: 209
  • Address - Street Name: Railroad
  • Address - Suffix Type: St
  • State: MI
  • City Name: Concord
  • Carrier Code: R031
  • 4-Digit Zip Code: 9587
  • Zip Code: 49237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $141,057
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 117,128
  • High Value: 129,885
  • Low Value: 104,371

    Market Valuation

  • Market Total Value: $109,800
  • Market Land Value: $109,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,900
  • Assessed Land Value: $54,900
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 Concord

Stats & Trends

Median Asking:

$204,900

Sale Price/ft²

$130

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1513 ft²

Average Home Age

91.7 years

Currently For Sale

3 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

Currently no nearby rentals
MichRIC

Listed by: SHERRY HOOD, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22014492
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 209 Railroad Street built and last sold?
The property at 209 Railroad Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 209 Railroad Street is $121,099.
What are some comparable homes to 209 Railroad Street?
There are currently no comparable homes to 209 Railroad Street.
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