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Portage 49024
4231 Cedarcrest Avenue
$194,500
● House - Off Market

4231 Cedarcrest Avenue

Portage, MI 49024
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,640 Ft²
$210,380
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

You will love this well cared for and updated 3 bedroom home in a quiet neighborhood and a convenient location. Spacious living room and kitchen.  Replacement windows, replaced roof, furnace and AC, updated bath, and spacious kitchen with plenty of counters, appliance garage and naturel light,, newer concrete driveway, underground sprinkling system and  main floor laundry.  (or great pantry or closet)  Extra size garage, with a workshop area, air compressor, and 220 amp, plus a convenient garage door out to the back yard.  Fenced backyard, with large concrete patio partially roofed, storage  shed & underground sprinkling.  Basement has a room with a closet,  plus the paneled family room. Which has been enjoyed for years.  Easy access to WMU, highways, parks shopping, and more
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$119
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1961

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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 #21118419)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Dec 15, 2021 Listed by Berkshire Hathaway HomeServices MI $194,500
Listed by Berkshire Hathaway HomeServices MI

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 990
  • Garage Type: 7
  • Garage Square Area: 1,248
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 730
  • Total Building Area: 990
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTFIELD PLAT #3
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: WESTFIELD PLAT #3 LOT 132

Neighborhood

  • School District Name: Portage Public Schools
  • School Tax School District: PORTAGE
  • Census Tract: 002003

Zoning

  • Zoning: R-1A

Geography

  • District: 10
  • Parcel: 10-08763-132-O
  • Lot: 132
  • Municipality: PORTAGE CITY
  • Latitude: 42.2338
  • Longitude: -85.6409

    Address

  • Full Address: 4231 Cedarcrest Ave
  • Address - House Number: 4231
  • Address - Street Name: Cedarcrest
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Portage
  • Carrier Code: C020
  • 4-Digit Zip Code: 9522
  • Zip Code: 49024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,557

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 212,107
  • High Value: 251,968
  • Low Value: 172,245

    Market Valuation

  • Market Total Value: $144,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4403
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 Portage

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2089 ft²

Average Home Age

44.7 years

Currently For Sale

126 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 4821 Idlewood Avenue, Portage, MI, 49024

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,400 ft²
4821 Idlewood Avenue, Portage, MI, 49024 Listing by Lindsay Flyn Flynn

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mary Sutton, Berkshire Hathaway HomeServices MI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21118419
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 4231 Cedarcrest Avenue built and last sold?
The property at 4231 Cedarcrest Avenue was built in 1961 and last sold on Jan 21, 2022 for $194,500.
How much is this home worth?
The estimated value of the home located at 4231 Cedarcrest Avenue is $201,379.
What are some comparable homes to 4231 Cedarcrest Avenue?
There are currently no comparable homes to 4231 Cedarcrest Avenue.
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