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Addison 49220
252 W Main Street
$106,000
● House - Off Market

252 W Main Street

Addison, MI 49220
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,250 Ft²
$711
Est. Monthly
18.58%
Cap Rate

About This Property

Updated Colonial with large lot! Quiet neighborhood with the convince of easy access to US-127. This 3 bedroom home has all new windows & fresh paint thru-out. New flooring and updated appliances. Great enclosed sunroom. Priced to sell! Come check it out.
Unit Size
1,250 Ft²
Days on Market
44 days
Land Size
0.29 acres
Price per sqft
$87
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1860

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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 #25047843)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Sep 27, 2025 In contract -
In contract
Sep 15, 2025 Listed by RE/MAX IRISH HILLS REALTY $109,000
Listed by RE/MAX IRISH HILLS REALTY
May 13, 2013 Sold
Premium
Sold
Aug 8, 2003 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 576
  • 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: 12,807
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD COMM 11 RDS N & 49 RDS W OF THE SE COR OF THE W1/2 OF SE1/4 OF SD SEC 31 T5S R1E RUNN TH N 8 RDS TH W 4 RDS TH S 8 RDS TH E 4 RDS TO THE POB ALSO COMM AT SD POB & RUNN S TO THE CENTER OF HWY TH IN A SW'ERLY COURSE ALG THE CENTER OF SD HWY FAR ENOU

Neighborhood

  • School District Name: Addison Community Schools
  • School Tax School District: SCH: 46020
  • Census Tract: 060401

Geography

  • District: WD1
  • Parcel: WD1-131-4700-00
  • Meridian: SEC 31 TWN 05S RNG 01E
  • Municipality: ADDISON VILLAGE
  • Latitude: 41.9868
  • Longitude: -84.3524

    Address

  • Full Address: 252 W Main St
  • Address - House Number: 252
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MI
  • City Name: Addison
  • Carrier Code: R022
  • 4-Digit Zip Code: 9707
  • Zip Code: 49220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 48
  • Final Value: 154,388
  • High Value: 194,075
  • Low Value: 114,700

    Market Valuation

  • Market Total Value: $53,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,900

    Sales

  • Current Sale Contract Date: Apr 18, 2013
  • Current Sale Recording Date: May 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 08, 2003
  • Previous Sale Contract Date: Aug 08, 2003
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 27
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 Addison

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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

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MichRIC

Listed by: Mark Riggle, RE/MAX IRISH HILLS REALTY
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25047843
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 252 West Main Street built and last sold?
The property at 252 West Main Street was built in 1860 and last sold on Apr 18, 2013 for $5,605.
How much is this home worth?
The estimated value of the home located at 252 West Main Street is $110,090.
What are some comparable homes to 252 West Main Street?
There are currently no comparable homes to 252 West Main Street.
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