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Allegan 49078
688 Lincoln Road
$74,900
● House - Off Market

688 Lincoln Road

Otsego, MI 49078
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,504 Ft²
$146,007
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model
Unit Size
3,504 Ft²
Days on Market
-
Land Size
1.56 acres
Price per sqft
$21
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1988

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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 #13053200)

Price History

Date / Event Date Event Price
Dec 23, 2013 Sold
Premium
Sold
Sep 7, 2013 Listed by Maurer Real Estate LLC $74,900
Listed by Maurer Real Estate LLC
Jul 1, 1987 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,752
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,128
  • Lot Size Depth Feet: 2,581
  • Lot Size Frontage Feet: 2,640
  • Total Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001564
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT A PT IN CENT OF HWY 20 RDS SELY ALONG CENT OF HWY FROM THE PT OF INTERSECTION OF SD HWY WITH N LINE OF SE 1/4 TH W 16

Neighborhood

  • School District Name: Otsego Public Schools
  • School Tax School District: OTSEGO 20
  • Census Tract: 031800

Zoning

  • Zoning: AG

Geography

  • District: 17
  • Parcel: 17-017-029-00
  • Meridian: SEC 17 TWN 01N RNG 12W
  • Municipality: OTSEGO TWP
  • Latitude: 42.4707
  • Longitude: -85.7444

    Address

  • Full Address: 688 Lincoln Rd
  • Address - House Number: 688
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Otsego
  • Carrier Code: R003
  • 4-Digit Zip Code: 9773
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $166,695
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 211,820
  • High Value: 265,075
  • Low Value: 158,565

    Market Valuation

  • Market Total Value: $138,000
  • Market Land Value: $23,000
  • Market Improvement Value: $115,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,000
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $57,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2013
  • Current Sale Recording Date: Dec 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 01, 1987
  • Previous Sale Contract Date: Jul 01, 1987
  • Previous Sale Amount: $6,500
  • 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 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

Rentals Near You

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MichRIC

Listed by: Susan E Maurer, Maurer Real Estate LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 13053200
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 688 Lincoln Road built and last sold?
The property at 688 Lincoln Road was built in 1988 and last sold on Dec 13, 2013 for $75,000.
How much is this home worth?
The estimated value of the home located at 688 Lincoln Road is $0.
What are some comparable homes to 688 Lincoln Road?
There are currently no comparable homes to 688 Lincoln Road.
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