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Coldwater 49036
70 Wood Drive
$91,800
● House - Off Market

70 Wood Drive

Coldwater, MI 49036
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$139,215
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

WHAT'S NOT TO LIKE about this 3 bedroom, 2 bath home close to schools and parks. Features are newer carpet, new windows in the bedrooms, central air, 2 car attached garage and large fenced in backyard with patio.  This company makes no warranty or representations about the contents of this data. It is the responsibility of the parties looking at the property to satisfy themselves as to accuracy of this information.  Taxes were obtained from the local assessor and the taxes could change for the buyer after a closed transaction.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$79
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
-

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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 #17037619)

Price History

Date / Event Date Event Price
Oct 11, 2021 Sold
Premium
Sold
Oct 6, 2021 No longer available -
No longer available
Sep 3, 2021 In contract -
In contract
Sep 1, 2021 Relisted $129,900
Relisted
Aug 5, 2021 Listed by EXIT REALTY 1ST LLC $129,900
Listed by EXIT REALTY 1ST LLC
The manager has listed the unit size as 1144 square feet.
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTERN ACRES NO 2
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 36 WESTERN ACRES #2

Neighborhood

  • School District Name: Coldwater Community Schools
  • School Tax School District: COLDWATER
  • Census Tract: 951302

Geography

  • District: 300
  • Parcel: 303-000-000-985-09
  • Lot: 36
  • Municipality: COLDWATER CITY
  • Latitude: 41.9538
  • Longitude: -85.0183

    Address

  • Full Address: 70 Wood Dr
  • Address - House Number: 70
  • Address - Street Name: Wood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Coldwater
  • Carrier Code: C005
  • 4-Digit Zip Code: 1047
  • Zip Code: 49036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $317,631
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 70
  • Final Value: 166,113
  • High Value: 190,645
  • Low Value: 141,580

    Market Valuation

  • Market Total Value: $151,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,800

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-07691
  • Previous Sale Recording Date: Jul 10, 2019
  • Previous Sale Contract Date: Jun 20, 2019
  • Previous Sale Document Type: 55
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 Coldwater

Stats & Trends

Median Asking:

$219,900

Sale Price/ft²

$144

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2024 ft²

Average Home Age

68.6 years

Currently For Sale

19 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

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MichRIC

Listed by: Angie Marsh, Real Estate Elite Team
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17037619
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 70 Wood Drive built and last sold?
The property at 70 Wood Drive was built in and last sold on Sep 28, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 70 Wood Drive is $0.
What are some comparable homes to 70 Wood Drive?
There are currently no comparable homes to 70 Wood Drive.
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