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St. Joseph 49085
420 RIDGEWAY
$1,080,000
● House - Off Market

420 RIDGEWAY

St. Joseph, MI 49085
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,847 Ft²
$1,922,771
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
Unit Size
2,847 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$379
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1925

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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 #15030118)

Price History

Date / Event Date Event Price
Jun 9, 2015 Sold
Premium
Sold
May 28, 2015 Listed by Farley Real Estate, Inc. $1,080,000
Listed by Farley Real Estate, Inc.
Dec 6, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,388
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,956
  • Lot Size Depth Feet: 5,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWATER
  • Land Acres: 0000000527
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SWLY 10' OF LOT 71 & NELY 35'OF LOT 72 EDGEWATER ADD TO CITY OF ST JOSEPH WHOSE NELY & SWLY BOUNDS ARE PAR TO SWLY BOUND OF

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 000801

Zoning

  • Zoning: R1 - A

Geography

  • Assessors Map Reference: 014-3
  • District: 76
  • Parcel: 76-1900-0072-00-2
  • Lot: 71-72
  • Meridian: SEC 14 TWN 04S RNG 19W
  • Municipality: ST JOSEPH CITY
  • Latitude: 42.1208
  • Longitude: -86.4797

    Address

  • Full Address: 420 Ridgeway St
  • Address - House Number: 420
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: St
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: C004
  • 4-Digit Zip Code: 1053
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,833,782

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 2,053,083
  • High Value: 2,475,084
  • Low Value: 1,631,083

    Market Valuation

  • Market Total Value: $980,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2015
  • Current Sale Recording Date: Jun 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 06, 1995
  • Previous Sale Contract Date: Dec 06, 1995
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 St. Joseph

Stats & Trends

Median Asking:

$369,450

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1707 ft²

Average Home Age

78.6 years

Currently For Sale

31 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

Unit for rent at 1920 Langley Ave Avenue, St. Joseph, MI, 49085

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1920 Langley Ave Avenue, St. Joseph, MI, 49085 Listing by Michael George Lirones

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Judith Dillon-Farley, Farley Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15030118
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 420 Ridgeway Drive built and last sold?
The property at 420 Ridgeway Drive was built in 1925 and last sold on Jun 5, 2015 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 420 Ridgeway Drive is $0.
What are some comparable homes to 420 Ridgeway Drive?
There are currently no comparable homes to 420 Ridgeway Drive.
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