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Paw Paw 49079
416 Cedar Street
$75,000
● House - Off Market

416 Cedar Street

Paw Paw, MI 49079
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,000 Ft²
$79,612
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This is a great opportunity to finish off this home and use for personal, rental or a flip. Solid cinder block construction with metal roof and slab foundation will make for a solid finished home. All material in home will stay making you one step closer to having this ready. You'll love this large lot offering room for a garage in addition to the existing shed. Call to discuss our preferred contractors ready to help you get this home completed. All utilities are on and home has clear title.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$79
Property Type
House
Property Taxes
$169
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: 3 years ago (MichRIC MLS #23015009)

Price History

Date / Event Date Event Price
Sep 26, 2023 Sold
Premium
Sold
Aug 5, 2023 Listed by Windy Mitten Properties LLC $160,000
Listed by Windy Mitten Properties LLC
May 25, 2023 Sold
Premium
Sold
May 10, 2023 Listed by Windy Mitten Properties LLC $79,000
Listed by Windy Mitten Properties LLC
Sep 3, 2014 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 43,560
  • Lot Size Frontage Feet: 660
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PAW PAW ORIGINAL PLAT
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 1082-B 3-14 582-130 965-144 1604-284 1607-424 *** LOT 7 BLK 34 VILLAGE OF PAW PAW ORIGINAL PLAT.

Neighborhood

  • School District Name: Paw Paw Public School District
  • School Tax School District: PAW PAW
  • Census Tract: 011802

Zoning

  • Zoning: VILLAGE

Geography

  • Assessors Map Reference: 1082-B
  • District: 47
  • Parcel: 80-47-134-007-00
  • Block: 34
  • Lot: 7
  • Municipality: PAW PAW VILLAGE
  • Latitude: 42.2207
  • Longitude: -85.8861

    Address

  • Full Address: 416 Cedar St
  • Address - House Number: 416
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MI
  • City Name: Paw Paw
  • Carrier Code: C003
  • 4-Digit Zip Code: 1113
  • Zip Code: 49079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $83,609
  • Tax Rate Code Area: 80470

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 52,325
  • High Value: 64,569
  • Low Value: 40,080

    Market Valuation

  • Market Total Value: $77,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,700

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3438813
  • Previous Sale Recording Date: May 25, 2023
  • Previous Sale Contract Date: May 19, 2023
  • Previous Sale Amount: $75,000
  • 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 Paw Paw

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1227 ft²

Average Home Age

94 years

Currently For Sale

11 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

Currently no nearby rentals
MichRIC

Listed by: Nicholas F Scalise, Windy Mitten Properties LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23015009
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 416 Cedar Street built and last sold?
The property at 416 Cedar Street was built in and last sold on Sep 22, 2023 for $160,000.
How much is this home worth?
The estimated value of the home located at 416 Cedar Street is $159,899.
What are some comparable homes to 416 Cedar Street?
There are currently no comparable homes to 416 Cedar Street.
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