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Albion 49224
405 HIGH ST
$37,500
● House - Off Market

405 HIGH ST

Albion, MI 49224
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$55,832
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Cute small home on a quite street. Two bedrooms. New carpet in dining & living room in 2019. Nice back yard. One car detached garage. This won't last long. View soon.
Unit Size
924 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$49
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1944

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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 #21046376)

Price History

Date / Event Date Event Price
Apr 12, 2023 Sold
Premium
Sold
Feb 18, 2023 Listed by NON-MEMBER REALTOR 'LIST' $83,900
Listed by NON-MEMBER REALTOR 'LIST'
Mar 4, 2021 Sold
Premium
Sold
Feb 28, 2021 Listed by NON-MEMBER REALTOR 'LIST' $44,900
Listed by NON-MEMBER REALTOR 'LIST'
Oct 23, 2020 Listed by NON-MEMBER REALTOR 'LIST' $44,900
Listed by NON-MEMBER REALTOR 'LIST'

Property Highlights

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Bedroom Count: 3
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 200
  • Garage Type: 7
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,839
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 585
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROSPECT HILL ADDITION
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, ASSESSORS PLAT OF PROSPECT HILL ADD. W 41 FT OF LOT 111 & E 9.1 FTOF LOT 110

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003500

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-009-711-01
  • Lot: 110-111
  • Municipality: ALBION CITY
  • Latitude: 42.2533
  • Longitude: -84.7478

    Address

  • Full Address: 405 High St
  • Address - House Number: 405
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MI
  • City Name: Albion
  • Carrier Code: C002
  • 4-Digit Zip Code: 1313
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $124,287

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 90,678
  • High Value: 133,031
  • Low Value: 48,324

    Market Valuation

  • Market Total Value: $61,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 04, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $37,500
  • 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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1488 ft²

Average Home Age

107.6 years

Currently For Sale

16 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: NON-MBR 'LIST' NON-MBR 'LIST', NON-MEMBER REALTOR 'LIST'
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21046376
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 405 High Street built and last sold?
The property at 405 High Street was built in 1944 and last sold on Apr 4, 2023 for $83,900.
How much is this home worth?
The estimated value of the home located at 405 High Street is $82,483.
What are some comparable homes to 405 High Street?
There are currently no comparable homes to 405 High Street.
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