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Ingham
4842 Old Plank Road
$56,000
● House - Off Market

4842 Old Plank Road

Onondaga, MI 49264
bedrooms
3 Beds
bathrooms
2 Baths
square feet
980 Ft²
$49,764
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Manufactured home on 2 acres back off the road with large 4 car detached garage or pole barn features 3 bedrooms, 2 full baths on the edge of Onondaga.*** Please Note: No offers will be accepted until this property has been on the MLS System for 5 Days***
Unit Size
980 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$51
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
-

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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 #23022492)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Jun 26, 2023 Listed by COPP & COMPANY REAL ESTATE LLC $49,900
Listed by COPP & COMPANY REAL ESTATE LLC
Dec 29, 2021 No longer available -
No longer available
Dec 22, 2021 In contract -
In contract
Dec 15, 2021 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 1
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 980
  • Gross Building Area: 980
  • Building Area: 980
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1006
  • County Land Use Code: 401
  • Mobile Home Indicator: T
  • Legal Description 1: A PART OF SW 1/4 OF SEC 28, T1N, R2W, DESCRIBED AS COMMENCING AT W 1/4 COR OF SEC 28; -S89D10'05 E 2633.71 FT ALONG THE E-W

Neighborhood

  • School District Name: Leslie Public Schools
  • School Tax School District: 33100
  • Census Tract: 006402

Geography

  • District: 13-13
  • Section: 28
  • Parcel: 33-13-13-28-326-007
  • Meridian: SEC 28 TWN 01N RNG 02W
  • Municipality: ONONDAGA TWP
  • Latitude: 42.4415
  • Longitude: -84.5545

    Address

  • Full Address: 4842 Old Plank Rd
  • Address - House Number: 4842
  • Address - Street Name: Old Plank
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Onondaga
  • Carrier Code: R061
  • 4-Digit Zip Code: 9701
  • Zip Code: 49264

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,150

    Appraisal Valuation

  • Standard Deviation: 0.1053
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 89
  • Final Value: 47,919
  • High Value: 52,966
  • Low Value: 42,872

    Market Valuation

  • Market Total Value: $87,400
  • Market Land Value: $30,600
  • Market Improvement Value: $56,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,700
  • Assessed Land Value: $15,300
  • Assessed Improvements Value: $28,400

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34444
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $72,057
  • Previous Sale Document Type: 64
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 Ingham

Stats & Trends

Median Asking:

$179,950

Sale Price/ft²

$136

Below Asking

0.04%

Average Days on Market

62

Average Home Size

1658 ft²

Average Home Age

69.8 years

Currently For Sale

78 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: George Copp, COPP & COMPANY REAL ESTATE LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23022492
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 4842 Old Plank Road built and last sold?
The property at 4842 Old Plank Road was built in and last sold on Jul 19, 2023 for $56,000.
How much is this home worth?
The estimated value of the home located at 4842 Old Plank Road is $55,268.
What are some comparable homes to 4842 Old Plank Road?
There are currently no comparable homes to 4842 Old Plank Road.
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