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Calhoun 49224
29472 Albion Road
$165,000
● House - Off Market

29472 Albion Road

Albion, MI 49224
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,092 Ft²
$961
Est. Monthly
10.31%
Cap Rate

About This Property

Beautiful Home in Albion Township - Marshall School District

This charming home offers an open-concept kitchen and living room filled with ample natural light, creating a warm and welcoming space. It features central air and an attached carport for convenience. The property includes an owned water softener with iron remover tank and a Generac power system that automatically activates during power outages.

Inside, you'll find 3 bedrooms, 1.5 baths, and a full basement-perfect for storage or additional living space. Laundry hookups are available for both gas and electric dryers.

Outside, the yard includes a patio for relaxing or entertaining and a storage shed.

All measurements are estimated.
Unit Size
1,092 Ft²
Days on Market
43 days
Land Size
0.28 acres
Price per sqft
$147
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1954

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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 #25040717)

Price History

Date / Event Date Event Price
Sep 24, 2025 Sold
Premium
Sold
Aug 16, 2025 In contract -
In contract
Aug 12, 2025 Listed by NCDG REALTY & PROPERTY MANAGE $160,000
Listed by NCDG REALTY & PROPERTY MANAGE
Apr 2, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALBION TOWNSHIP MANOR PARK SUBDIVISION
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: . ALBION TWP MANOR PARK SUBD LOT 1

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003400

Zoning

  • Zoning: RNF-1

Geography

  • District: 01
  • Parcel: 01-101-123-00
  • Lot: 1
  • Meridian: TWN 3S RNG 4W
  • Municipality: ALBION TWP
  • Latitude: 42.2323
  • Longitude: -84.7267

    Address

  • Full Address: 29472 Albion Rd
  • Address - House Number: 29472
  • Address - Street Name: Albion
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Albion
  • Carrier Code: R001
  • 4-Digit Zip Code: 9766
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $89,982

    Appraisal Valuation

  • Standard Deviation: 0.2715
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 61
  • Final Value: 112,770
  • High Value: 143,388
  • Low Value: 82,152

    Market Valuation

  • Market Total Value: $80,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Price:
    Premium
  • Current 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

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MichRIC

Listed by: JOHN W COLLIS, NCDG REALTY & PROPERTY MANAGE
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25040717
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 29472 Albion Road built and last sold?
The property at 29472 Albion Road was built in 1954 and last sold on Mar 5, 2021 for $82,000.
How much is this home worth?
The estimated value of the home located at 29472 Albion Road is $161,879.
What are some comparable homes to 29472 Albion Road?
There are currently no comparable homes to 29472 Albion Road.
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