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St. Joseph 49072
28470 Pleasant Road
$172,000
● House - Off Market

28470 Pleasant Road

Mendon, MI 49072
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$13,066
Est. Monthly
-74.10%
Cap Rate

About This Property

Adorable farm house, approximately 1500 sq. ft, and move in ready. Northeast of Mendon. Very well kept and charming country home. 3 BR, 1 bath, with a main floor laundry. Sitting on .83 of an acre with a large fenced in back yard. Quite, paved road, great setting! Replacement windows.  Clean, dry basement.  Call today for your private showing.
Unit Size
1,352 Ft²
Days on Market
38 days
Land Size
0.82 acres
Price per sqft
$129
Property Type
House
Property Taxes
$12,207
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 7 months ago (MichRIC MLS #24020645)

Price History

Date / Event Date Event Price
Jun 6, 2024 Sold
Premium
Sold
Apr 29, 2024 Listed by RE/MAX Elite Group $175,000
Listed by RE/MAX Elite Group
Oct 6, 2021 No longer available -
No longer available
Mar 23, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed $145,000
Listed
The manager has listed the unit size as 1309 square feet.
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 3
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 675
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,719
  • Total Building Area: 1,003
  • Building Area: 1,003
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,003
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000820
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 245 FT OF E 145 FT OF NW 1/4 SEC 19 T5S R9W. 0.82 A

Neighborhood

  • School District Name: Mendon Community School District
  • School Tax School District: MENDON
  • Census Tract: 041000

Zoning

  • Zoning: AGRICULTUR

Geography

  • District: 008
  • Parcel: 008-019-004-20
  • Meridian: SEC 19 TWN 05S RNG 09W
  • Municipality: LEONIDAS TOWNSHIP
  • Latitude: 42.0214
  • Longitude: -85.4012

    Address

  • Full Address: 28470 Pleasant Rd
  • Address - House Number: 28470
  • Address - Street Name: Pleasant
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Mendon
  • Carrier Code: R011
  • 4-Digit Zip Code: 9589
  • Zip Code: 49072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,776

    Appraisal Valuation

  • Standard Deviation: 0.2426
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 166,119
  • High Value: 206,426
  • Low Value: 125,811

    Market Valuation

  • Market Total Value: $91,800
  • Market Land Value: $10,200
  • Market Improvement Value: $81,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,900
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $40,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021002876
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Contract Date: Dec 22, 2016
  • Previous Sale Amount: $105,000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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: Debbie Doe, RE/MAX Elite Group
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 24020645
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 28470 Pleasant Road built and last sold?
The property at 28470 Pleasant Road was built in and last sold on Mar 19, 2021 for $145,000.
How much is this home worth?
The estimated value of the home located at 28470 Pleasant Road is $0.
What are some comparable homes to 28470 Pleasant Road?
There are currently no comparable homes to 28470 Pleasant Road.
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