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Allegan 49078
269 21st Street
$200,000
● House - Off Market

269 21st Street

Otsego, MI 49078
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,520 Ft²
$293,126
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
Unit Size
1,520 Ft²
Days on Market
44 days
Land Size
13.74 acres
Price per sqft
$132
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1870

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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: 12 months ago (MichRIC MLS #19039258)

Price History

Date / Event Date Event Price
Oct 16, 2019 Sold
Premium
Sold
Aug 12, 2019 Listed by Keller Williams Kalamazoo Market Center $200,000
Listed by Keller Williams Kalamazoo Market Center
Aug 25, 1994 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 3
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 934
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 598,514
  • Lot Size Depth Feet: 20,017
  • Lot Size Frontage Feet: 2,990
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000013740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THAT PT NE 1/4 SE 1/4 LYING W OF PINE CREEK & ABOVE CONTOUR 684.8 EX THAT PT LYING W OF C/L 21ST ST ALSO EX BEG 1380.54' E OF

Neighborhood

  • School District Name: Otsego Public Schools
  • School Tax School District: OTSEGO 20
  • Census Tract: 031800

Zoning

  • Zoning: R-2

Geography

  • District: 17
  • Parcel: 17-029-014-00
  • Meridian: SEC 29 TWN 01N RNG 12W
  • Municipality: OTSEGO TWP
  • Latitude: 42.4406
  • Longitude: -85.744

    Address

  • Full Address: 269 21st St
  • Address - House Number: 269
  • Address - Street Name: 21st
  • Address - Suffix Type: St
  • State: MI
  • City Name: Otsego
  • Carrier Code: R002
  • 4-Digit Zip Code: 9628
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $295,084

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 69
  • Final Value: 287,816
  • High Value: 352,278
  • Low Value: 223,354

    Market Valuation

  • Market Total Value: $187,400
  • Market Land Value: $59,800
  • Market Improvement Value: $127,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,700
  • Assessed Land Value: $29,900
  • Assessed Improvements Value: $63,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 25, 1994
  • Previous Sale Contract Date: Nov 01, 1993
  • Previous Sale Amount: $59,000
  • 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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: Matt Mulder, Keller Williams Kalamazoo Market Center
Last Updated: 12 months ago
Data Source: MichRIC, MLS# 19039258
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 269 21st Street built and last sold?
The property at 269 21st Street was built in 1870 and last sold on Sep 27, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 269 21st Street is $0.
What are some comparable homes to 269 21st Street?
There are currently no comparable homes to 269 21st Street.
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