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Addison 49220
333 N Steer Street
$127,000
● House - Off Market

333 N Steer Street

Addison, MI 49220
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,642 Ft²
$703
Est. Monthly
31.07%
Cap Rate

About This Property

Welcome to your future dream home! This inviting 4-bedroom house offers the ease of main floor living on a generous lot just under an acre. The home features a durable metal roof, updated furnace and central air conditioning, ensuring comfort throughout the year. Step inside to discover a cedar lined closet, knotty pine wainscoting and trim and plenty of natural light.

Outside, a serene pond awaits you for peaceful fishing or simply relaxing in nature. While the home does need some TLC, it offers incredible potential for those looking to add their own touches and bring it back to its beauty!
Unit Size
1,642 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$72
Property Type
House
Property Taxes
$119
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: 3 years ago (MichRIC MLS #24037230)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Jul 22, 2024 In contract -
In contract
Jul 19, 2024 Listed by RE/MAX Perrett Associates - Marshall $119,000
Listed by RE/MAX Perrett Associates - Marshall
Mar 13, 2013 Sold
Premium
Sold
Jun 18, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,630
  • Total Building Area: 1,599
  • Building Area: 1,599
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,599
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000795
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: STRIP OF LD OF UNIFORM WIDTH OF 100 FT N AND S FROM OFF AND ACROSS ENTIRE N SIDE OF THE FOLLOWING DESC PROP COMM 67 RDS N AND 2 RDS E OF SEC COR OF W 1/2 OF SE 1/4 SEC 31 T5S-R1E RUNN TH E ALG RR TO MILL POND TH N ALG SD PARCEL 15 RDS TH W TO STEER S

Neighborhood

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

Geography

  • District: WD1
  • Section: C
  • Parcel: WD1-131-4920-00
  • Meridian: SEC 31 TWN 05S RNG 00
  • Municipality: ADDISON VILLAGE
  • Latitude: 41.9898
  • Longitude: -84.3489

    Address

  • Full Address: 333 N Steer St
  • Address - House Number: 333
  • Street Direction: N
  • Address - Street Name: Steer
  • Address - Suffix Type: St
  • State: MI
  • City Name: Addison
  • Carrier Code: R022
  • 4-Digit Zip Code: 9408
  • Zip Code: 49220

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $99,873

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 69
  • Final Value: 156,095
  • High Value: 191,168
  • Low Value: 121,022

    Market Valuation

  • Market Total Value: $102,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 07, 2013
  • Current Sale Recording Date: Mar 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Previous Sale Recording Date: Jun 18, 2007
  • Previous Sale Contract Date: Jun 01, 2007
  • Previous Sale Amount: $80,000
  • 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: Breanne Speer, RE/MAX Perrett Associates - Marshall
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24037230
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 333 North Steer Street built and last sold?
The property at 333 North Steer Street was built in 1954 and last sold on Mar 7, 2013 for $82,004.
How much is this home worth?
The estimated value of the home located at 333 North Steer Street is $120,190.
What are some comparable homes to 333 North Steer Street?
There are currently no comparable homes to 333 North Steer Street.
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