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Allegan
4249 134th Avenue
$535,000
● House - Off Market

4249 134th Avenue

Hamilton, MI 49419
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,864 Ft²
$2,869
Est. Monthly
3.56%
Cap Rate

About This Property

This beautiful ranch conveniently located in Hamilton leaves nothing left to be desired! Enjoy 5.5 acres of land with a pole barn nestled next to 175+ feet of Rabbit River frontage. Outside, this home also an in-ground pool for those beautiful Michigan summers. Inside, you will find everything you need conveniently located on the main floor including the primary bedroom and a laundry room with more storage than you would know what to do with! A beautfully updated kitchen also offers peaceful views of the back yard and the pool. This house truly is special, and is waiting to meet it's new owners!
Unit Size
2,864 Ft²
Days on Market
33 days
Land Size
5.58 acres
Price per sqft
$192
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1961

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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: 2 years ago (MichRIC MLS #25006810)

Price History

Date / Event Date Event Price
Mar 31, 2025 Sold
Premium
Sold
Mar 1, 2025 In contract -
In contract
Feb 26, 2025 Listed by Coldwell Banker Woodland Schmidt ART Office $549,900
Listed by Coldwell Banker Woodland Schmidt ART Office
Feb 21, 2024 Sold
Premium
Sold
Nov 16, 2023 Listed by Coldwell Banker Woodland Schmidt ART Office $529,900
Listed by Coldwell Banker Woodland Schmidt ART Office

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 3
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,304
  • Garage Type: 7
  • Garage Square Area: 735
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 243,457
  • Total Building Area: 2,187
  • Building Area: 2,187
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,187
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005589
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 175 FT OF GOV'T LOT 8 OF SEC 4 EX THAT PT OF SD GOV'T LOT 8 LYING N OF E&W 1/4 LIN OF SEC 4 SEC 4 T3N R14W

Neighborhood

  • School District Name: Hamilton Community Schools
  • School Tax School District: HAMILTON PUBLIC
  • Census Tract: 030702

Zoning

  • Zoning: AG

Geography

  • District: 09
  • Parcel: 09-004-015-00
  • Meridian: SEC 04 TWN 03N RNG 14W
  • Municipality: HEATH TWP
  • Latitude: 42.6666
  • Longitude: -85.9614

    Address

  • Full Address: 4249 134th Ave
  • Address - House Number: 4249
  • Address - Street Name: 134th
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Hamilton
  • Carrier Code: R003
  • 4-Digit Zip Code: 9567
  • Zip Code: 49419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $288,516

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 89
  • Final Value: 539,604
  • High Value: 595,531
  • Low Value: 483,678

    Market Valuation

  • Market Total Value: $380,600
  • Market Land Value: $83,400
  • Market Improvement Value: $297,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,300
  • Assessed Land Value: $41,700
  • Assessed Improvements Value: $148,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2204
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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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: Derrek Sterken, Coldwell Banker Woodland Schmidt ART Office
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25006810
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 4249 134th Avenue built and last sold?
The property at 4249 134th Avenue was built in 1961 and last sold on Feb 9, 2024 for $515,000.
How much is this home worth?
The estimated value of the home located at 4249 134th Avenue is $557,551.
What are some comparable homes to 4249 134th Avenue?
There are currently no comparable homes to 4249 134th Avenue.
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