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Plainwell 49080
229 Cushman Street
$58,000
● House - Off Market

229 Cushman Street

Plainwell, MI 49080
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,834 Ft²
$68,988
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Traditional two-story home featuring 5 bedrooms and 1.5 bathrooms with a 1 car garage.
Unit Size
1,834 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$32
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1920

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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 #21015385)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
May 4, 2021 Listed by Live Local Properties $58,000
Listed by Live Local Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,348
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,665
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORPORATION
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 76 EX PENN RR ALSO EX PT SOLD TO CITY OF PLAINWELL OF LOT 76 DES AS STARTING AT A PT 112 FT N ALONG W BOUNDARY LINE FROM

Neighborhood

  • School District Name: Plainwell Community Schools
  • School Tax School District: PLAINWELL
  • Census Tract: 032100

Zoning

  • Zoning: R1B

Geography

  • District: 55
  • Parcel: 55-160-076-00
  • Lot: 76
  • Municipality: PLAINWELL CITY
  • Latitude: 42.4439
  • Longitude: -85.6394

    Address

  • Full Address: 229 Cushman St
  • Address - House Number: 229
  • Address - Street Name: Cushman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Plainwell
  • Carrier Code: C004
  • 4-Digit Zip Code: 1348
  • Zip Code: 49080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $208,407
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2778
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 60
  • Final Value: 134,605
  • High Value: 172,003
  • Low Value: 97,207

    Market Valuation

  • Market Total Value: $68,400
  • Market Land Value: $9,600
  • Market Improvement Value: $58,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,200
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $29,400

    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 Plainwell

Stats & Trends

Median Asking:

$234,000

Sale Price/ft²

$151

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1680 ft²

Average Home Age

122 years

Currently For Sale

6 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: Sarah L Barnes, Live Local Properties
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21015385
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 229 Cushman Street built and last sold?
The property at 229 Cushman Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 229 Cushman Street is $58,580.
What are some comparable homes to 229 Cushman Street?
There are currently no comparable homes to 229 Cushman Street.
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