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Washtenaw 48198
2470 Hearthside Drive
$163,000
● House - Off Market

2470 Hearthside Drive

Ypsilanti, MI 48198
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$164,386
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Opportunity for sweat equity! Ranch home located in quiet gem of a neighborhood. Extra large fenced back yard with shed. Attached Two car garage with additional off street parking. Sewer line to street replaced in 2016. HVAC and roof are sound but old. Garage requires some truss work but is currently supported by  metal posts. With new flooring and paint this will be a wonderful home. Van Buren schools with lowest property tax rate in Ypsilanti Township.
Unit Size
1,248 Ft²
Days on Market
39 days
Land Size
0.41 acres
Price per sqft
$132
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1958

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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: 2 years ago (MichRIC MLS #23127729)

Price History

Date / Event Date Event Price
Oct 12, 2023 Sold
Premium
Sold
Aug 28, 2023 Listed by The Charles Reinhart Company $165,000
Listed by The Charles Reinhart Company

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HURON HEARTHSIDES SUB
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: YP# 69A-26 LOT 26 HURON HEARTHSIDES SUB.

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 413000

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-24-242-018
  • Block: 242
  • Lot: 26
  • Meridian: SEC 24 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2156
  • Longitude: -83.5614

    Address

  • Full Address: 2470 Hearthside Dr
  • Address - House Number: 2470
  • Address - Street Name: Hearthside
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R006
  • 4-Digit Zip Code: 9215
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 93
  • Final Value: 162,438
  • High Value: 176,405
  • Low Value: 148,472

    Market Valuation

  • Market Total Value: $166,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,200

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6701946
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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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

Unit for rent at 640 Calder Street, Ypsilanti, MI, 48198

$1,905 /mo

  • 3 Beds
  • 1 Bath
  • 850 ft²
640 Calder Street, Ypsilanti, MI, 48198 Listing by Stewart Beal

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Hillary Ward, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23127729
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 2470 Hearthside Drive built and last sold?
The property at 2470 Hearthside Drive was built in 1958 and last sold on Oct 6, 2023 for $163,000.
How much is this home worth?
The estimated value of the home located at 2470 Hearthside Drive is $172,409.
What are some comparable homes to 2470 Hearthside Drive?
There are currently no comparable homes to 2470 Hearthside Drive.
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