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Hillsdale 49262
3300 Waldron Road
$280,000
● House - Off Market

3300 Waldron Road

North Adams, MI 49262
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,076 Ft²
$1,546
Est. Monthly
6.75%
Cap Rate

About This Property

Welcome to country living! This sprawling 4 bedroom, 2 bath ranch has lots to love, from the updated kitchen to the walk in shower, to the main floor Laundry Room and office space. Outside is where the property really exceeds expectations with the newly constructed carport, outdoor kitchen, heated pool and two story heated barn with loft space! This place checks a lot of boxes so call today!!
Unit Size
2,076 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$137
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1980

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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: 3 years ago (MichRIC MLS #24028564)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jul 1, 2024 In contract -
In contract
Jun 6, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $284,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Feb 29, 2008 Sold
Premium
Sold
Mar 4, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 324
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: False
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM E SEC LN AT PT N 0 0430W 1708.08 FT FROM SE COR SEC TH S 89 5530W 350 FT TH S 0 0430E 249 FT TH N 89 5530E 350 FT TO E SE

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050600

Geography

  • District: 09
  • Parcel: 09-016-400-008-16-6-1
  • Meridian: SEC 16 TWN 06S RNG 01W
  • Municipality: WHEATLAND TWP
  • Latitude: 41.9464
  • Longitude: -84.421

    Address

  • Full Address: 3300 Waldron Rd
  • Address - House Number: 3300
  • Address - Street Name: Waldron
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: North Adams
  • Carrier Code: R061
  • 4-Digit Zip Code: 9795
  • Zip Code: 49262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $76,951

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 257,251
  • High Value: 348,207
  • Low Value: 166,294

    Market Valuation

  • Market Total Value: $229,745
  • Market Land Value: $14,046
  • Market Improvement Value: $215,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2008
  • Current Sale Recording Date: Feb 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 04, 2003
  • Previous Sale Contract Date: Mar 04, 2003
  • Previous Sale Amount: $95,000
  • 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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24028564
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 3300 Waldron Road built and last sold?
The property at 3300 Waldron Road was built in 1980 and last sold on Feb 28, 2008 for $123,500.
How much is this home worth?
The estimated value of the home located at 3300 Waldron Road is $288,478.
What are some comparable homes to 3300 Waldron Road?
There are currently no comparable homes to 3300 Waldron Road.
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