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Allegan 49010
234 N Eastern Avenue
$229,900
● House - Off Market

234 N Eastern Avenue

Allegan, MI 49010
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$1,330
Est. Monthly

About This Property

Come check out this charming two story home on a city corner lot. The entire first floor has been remodeled with a new kitchen, bathroom and paint throughout. Just on the edge of town convenient to shopping and M222 this would make a great first home or downsize for empty nesters. Offer deadline to be Monday 3/9 at 12:00pm, seller to review offers by 7pm.
Unit Size
1,400 Ft²
Days on Market
40 days
Land Size
0.69 acres
Price per sqft
$164
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
-

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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: 8 months ago (MichRIC MLS #26007024)

Price History

Date / Event Date Event Price
Apr 10, 2026 Sold
Premium
Sold
Mar 11, 2026 In contract -
In contract
Feb 26, 2026 Listed by Five Star Real Estate $229,900
Listed by Five Star Real Estate
Dec 17, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by Five Star Real Estate $144,900
Listed by Five Star Real Estate
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 624
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,187
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,840
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOWES SECOND DIV
  • Land Acres: 0000000693
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 178' OF LOT 26 LOWE'S SECOND DIV MAP

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 031200

Zoning

  • Zoning: R1 SFR

Geography

  • District: 51
  • Parcel: 51-251-036-00
  • Lot: 26
  • Municipality: ALLEGAN CITY
  • Latitude: 42.5369
  • Longitude: -85.8363

    Address

  • Full Address: 234 N Eastern Ave
  • Address - House Number: 234
  • Street Direction: N
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Allegan
  • Carrier Code: R009
  • 4-Digit Zip Code: 9044
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $214,372

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 72
  • Final Value: 129,691
  • High Value: 147,789
  • Low Value: 111,592

    Market Valuation

  • Market Total Value: $96,800
  • Market Land Value: $13,200
  • Market Improvement Value: $83,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,400
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $41,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 26, 2016
  • Previous Sale Contract Date: Oct 18, 2016
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 71
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 Allegan

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1774 ft²

Average Home Age

82.9 years

Currently For Sale

23 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: David Emmons, Five Star Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 26007024
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 234 North Eastern Avenue built and last sold?
The property at 234 North Eastern Avenue was built in and last sold on Dec 14, 2020 for $149,000.
How much is this home worth?
The estimated value of the home located at 234 North Eastern Avenue is $0.
What are some comparable homes to 234 North Eastern Avenue?
There are currently no comparable homes to 234 North Eastern Avenue.
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