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Leslie 49251
407 Doty Street
$204,000
● House - Off Market

407 Doty Street

Leslie, MI 49251
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,213 Ft²
$1,353
Est. Monthly
9.82%
Cap Rate

About This Property

***NEW PRICE***This spacious quad-level home is located within walking distance to all schools, parks and downtown shopping and entertainment.  It's also only minutes to highway access.   This 3 bed, 1 1/2 bath home also has room to grow as the unfinished lower level is a walk-out with tons of potential!  Some of the updates included are:  completely refinished 1/2 bath, new tub, ceramic tile, flooring and mirror in main bathroom, new laminate flooring and microwave in the kitchen, new picture window in the living room, and several new fan/light fixtures. Other updates are: windows 8-9 yrs old, gutters 4-5 yrs old, roof 5-6 yrs old, water heater 6-7 yrs old, boiler was new in 2002 but professionally serviced & repaired in 2025.  Make this your ''Forever Home''!
Unit Size
1,213 Ft²
Days on Market
182 days
Land Size
0.29 acres
Price per sqft
$163
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1969

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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: 10 months ago (MichRIC MLS #25024620)

Price History

Date / Event Date Event Price
Jan 14, 2026 Sold
Premium
Sold
Oct 4, 2025 In contract -
In contract
Oct 1, 2025 Price Decreased $197,900
↓ $7K (3.4%)
Price Decreased
Aug 12, 2025 Price Decreased $204,900
↓ $10K (4.7%)
Price Decreased
Jul 17, 2025 Relisted $219,900
Relisted
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 6
  • Basement Type: 9
  • Basement Area: 760
  • Garage Type: 7
  • Garage Square Area: 287
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,763
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 945
  • Total Building Area: 1,524
  • Gross Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LESLIE
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LSV-341-2A BEG AT A PT S0D33'E80 FT FROM SE COR LOT 13 WENDY ACRES SUB -W 189FT -S 33'E 80 FT -E 189 FT TO W LN CAMEO DR

Neighborhood

  • School District Name: Leslie Public Schools
  • School Tax School District: 33100
  • Census Tract: 006100

Zoning

  • Zoning: R1A LO

Geography

  • District: 17-14
  • Section: 21
  • Parcel: 33-17-14-21-329-005
  • Lot: 13
  • Municipality: LESLIE CITY
  • Latitude: 42.4556
  • Longitude: -84.4363

    Address

  • Full Address: 407 Doty St
  • Legal Unit: 13
  • Address - House Number: 407
  • Address - Street Name: Doty
  • Address - Suffix Type: St
  • State: MI
  • City Name: Leslie
  • Carrier Code: R053
  • 4-Digit Zip Code: 9421
  • Zip Code: 49251

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $279,005

    Appraisal Valuation

  • Standard Deviation: 0.1063
  • Valuation Date: Sep 14, 2022
  • Confidence Score: 89
  • Final Value: 182,751
  • High Value: 202,186
  • Low Value: 163,316

    Market Valuation

  • Market Total Value: $141,500
  • Market Land Value: $28,500
  • Market Improvement Value: $113,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,750
  • Assessed Land Value: $14,250
  • Assessed Improvements Value: $56,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 32075
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 Leslie

Stats & Trends

Median Asking:

$219,000

Sale Price/ft²

$135

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1485 ft²

Average Home Age

102 years

Currently For Sale

3 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: DAVID M. ALLARD, SPROAT REALTY PROFESSIONALS
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 25024620
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 407 Doty Street built and last sold?
The property at 407 Doty Street was built in 1969 and last sold on Aug 8, 2022 for $189,000.
How much is this home worth?
The estimated value of the home located at 407 Doty Street is $0.
What are some comparable homes to 407 Doty Street?
There are currently no comparable homes to 407 Doty Street.
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