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Calhoun 49224
23670 B Drive N
$150,000
● House - Off Market

23670 B Drive N

Albion, MI 49224
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$211,947
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Don't miss this beautiful updated farm house sitting on just over an acre. A short drive to Downtown Albion, or Marshall! Call or text Aron Hodo today to see for yourself!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$100
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1900

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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 #20041623)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed by Real Estate One Rosemary Davis $159,900
Listed by Real Estate One Rosemary Davis
May 9, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 252
  • 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: 60,113
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001380
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARENGO TWP SEC 36 BEG 766' E OF N 1/4 POST- S 292'-E 206'-N 292'-W 206'. 1.38AC

Neighborhood

  • School District Name: Mar Lee School District
  • School Tax School District: MAR-LEE
  • Census Tract: 003800

Zoning

  • Zoning: AGRICU

Geography

  • District: 15
  • Parcel: 15-360-006-00
  • Meridian: TWN 2S RNG 5W
  • Municipality: MARENGO TWP
  • Latitude: 42.2612
  • Longitude: -84.8348

    Address

  • Full Address: 23670 B Dr N
  • Address - House Number: 23670
  • Street Segment Direction: N
  • Address - Street Name: B
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Albion
  • Carrier Code: R002
  • 4-Digit Zip Code: 9665
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $161,257

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 67
  • Final Value: 176,142
  • High Value: 217,521
  • Low Value: 134,762

    Market Valuation

  • Market Total Value: $131,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 09, 2005
  • Previous Sale Contract Date: Apr 29, 2005
  • Previous Sale Amount: $128,000
  • 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 Calhoun

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1825 ft²

Average Home Age

73.3 years

Currently For Sale

332 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: Aron Hodo, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20041623
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 23670 B Drive North built and last sold?
The property at 23670 B Drive North was built in 1900 and last sold on Nov 18, 2020 for $150,000.
How much is this home worth?
The estimated value of the home located at 23670 B Drive North is $0.
What are some comparable homes to 23670 B Drive North?
There are currently no comparable homes to 23670 B Drive North.
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