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Coldwater 49036
409 Grand Street
$67,000
● House - Off Market

409 Grand Street

Coldwater, MI 49036
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$109,193
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Location! Location!

This home has been exceptionally updated 2 bedroom ranch home. Offers 1300 sq. ft. located in a great neighborhood close to schools for all ages. The updates are from all new flooring, updated bathroom with a sliding barn door, freshly painted and landscape. Plus has a one car attached garage.
Unit Size
1,300 Ft²
Days on Market
136 days
Land Size
0.43 acres
Price per sqft
$50
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
-

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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: 9 months ago (MichRIC MLS #16039810)

Price History

Date / Event Date Event Price
Dec 21, 2016 Sold
Premium
Sold
Aug 2, 2016 Listed by Midwestern Realty Group $64,900
Listed by Midwestern Realty Group
May 20, 2014 Sold
Premium
Sold
Apr 5, 2014 Listed by Midwestern Realty Group $62,900
Listed by Midwestern Realty Group
Apr 6, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM IN CEN OF GRAND ST 7 RDS N OF INT OF SD ST WI S LI NW 1/4 NE 1/4 SEC 16T6S R6W TH S IN CEN OF GRAND ST 7 RDS TH W 16 RDS

Neighborhood

  • School District Name: Coldwater Community Schools
  • School Tax School District: COLDWATER
  • Census Tract: 951500

Geography

  • District: 300
  • Parcel: 303-000-000-067-00
  • Municipality: COLDWATER CITY
  • Latitude: 41.9527
  • Longitude: -85.0089

    Address

  • Full Address: 409 Grand St
  • Address - House Number: 409
  • Address - Street Name: Grand
  • Address - Suffix Type: St
  • State: MI
  • City Name: Coldwater
  • Carrier Code: C002
  • 4-Digit Zip Code: 1032
  • Zip Code: 49036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $108,305
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 70
  • Final Value: 109,889
  • High Value: 126,118
  • Low Value: 93,659

    Market Valuation

  • Market Total Value: $73,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,500

    Sales

  • Current Sale Contract Date: Dec 16, 2016
  • Current Sale Recording Date: Dec 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-07738
  • Previous Sale Recording Date: May 20, 2014
  • Previous Sale Contract Date: May 16, 2014
  • Previous Sale Amount: $58,500
  • 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 Coldwater

Stats & Trends

Median Asking:

$219,900

Sale Price/ft²

$144

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2024 ft²

Average Home Age

68.6 years

Currently For Sale

19 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: Lynn Mitchell, Midwestern Realty Group
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 16039810
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 409 Grand Street built and last sold?
The property at 409 Grand Street was built in and last sold on Dec 16, 2016 for $67,000.
How much is this home worth?
The estimated value of the home located at 409 Grand Street is $72,410.
What are some comparable homes to 409 Grand Street?
There are currently no comparable homes to 409 Grand Street.
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