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Cass 49112
70054 Sherman Road
$139,900
● House - Off Market

70054 Sherman Road

Edwardsburg, MI 49112
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,480 Ft²
$140,989
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

BACK ON THE MARKET,  This manufactured home has 3 large bedrooms and 2 full Baths. The home is located in Edwardsburg School system on just little over an acre with the back yard fenced in. The roof was  replaced 7-8 years ago and has a newer field system with a switching valve to increase the life of the system. The furnace and central a/c are serviced every year and are in good working order. The home does need some repair and TLC but is structurally sound . Priced to sell
Unit Size
1,480 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$95
Property Type
House
Property Taxes
$106
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 #22000141)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Jan 3, 2022 Listed by Coldwell Banker Real Estate Group $139,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

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: 47,480
  • Lot Size Frontage Feet: 0
  • 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
  • Land Acres: 0000001090
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 283D-1 441-273 437-1177 COM S 290 FT FRM NE COR SEC, TH S 89 DEG 50'20"W 380 FT S 125 FT, N 89 DEG 50'20"E 380 FT, N 125 FT

Neighborhood

  • School District Name: Edwardsburg Public Schools
  • School Tax School District: EDWARDSBURG
  • Census Tract: 001802

Geography

  • District: 090
  • Parcel: 14-090-017-008-00
  • Municipality: EDWARDSBURG VILLAGE
  • Latitude: 41.781
  • Longitude: -86.0695

    Address

  • Full Address: 70054 Sherman Rd
  • Address - House Number: 70054
  • Address - Street Name: Sherman
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Edwardsburg
  • Carrier Code: R007
  • 4-Digit Zip Code: 9132
  • Zip Code: 49112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,561

    Appraisal Valuation

  • Standard Deviation: 0.1292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 85
  • Final Value: 128,324
  • High Value: 144,914
  • Low Value: 111,734

    Market Valuation

  • Market Total Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1959 ft²

Average Home Age

59.8 years

Currently For Sale

169 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: Jerry Bolock, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22000141
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 70054 Sherman Road built and last sold?
The property at 70054 Sherman Road was built in and last sold on May 26, 2022 for $139,900.
How much is this home worth?
The estimated value of the home located at 70054 Sherman Road is $0.
What are some comparable homes to 70054 Sherman Road?
There are currently no comparable homes to 70054 Sherman Road.
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