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Albion 49224
412 Linden Avenue
$120,000
● House - Off Market

412 Linden Avenue

Albion, MI 49224
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,340 Ft²
$142,733
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

FOR COMP PURPOSES ONLY-
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$90
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
1880

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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 #21018358)

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold
Premium
Sold
May 20, 2021 Listed by RE/MAX Perrett Associates - Marshall $120,000
Listed by RE/MAX Perrett Associates - Marshall
May 10, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 952
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,312
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 464
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, MILL RESERVE. BEG ON THE W LINE OF LINDEN AVE. 257' SE OF S LINEOF ERIE ST & 20' WLY FROM THE MILL RACE, TH SELY

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003400

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-002-066-00
  • Municipality: ALBION CITY
  • Latitude: 42.2421
  • Longitude: -84.7492

    Address

  • Full Address: 412 Linden Ave
  • Address - House Number: 412
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Albion
  • Carrier Code: C008
  • 4-Digit Zip Code: 2212
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $268,808

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 121,019
  • High Value: 177,544
  • Low Value: 64,493

    Market Valuation

  • Market Total Value: $98,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,300

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 10, 2017
  • Previous Sale Contract Date: May 01, 2017
  • Previous Sale Amount: $55,000
  • 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: Breanne Speer, RE/MAX Perrett Associates - Marshall
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21018358
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 412 Linden Avenue built and last sold?
The property at 412 Linden Avenue was built in 1880 and last sold on May 19, 2021 for $120,000.
How much is this home worth?
The estimated value of the home located at 412 Linden Avenue is $0.
What are some comparable homes to 412 Linden Avenue?
There are currently no comparable homes to 412 Linden Avenue.
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