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Lenawee 49265
7190 Onsted Highway
$178,650
● House - Off Market

7190 Onsted Highway

Onsted, MI 49265
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,744 Ft²
$1,135
Est. Monthly
9.49%
Cap Rate

About This Property

Ranch home is set back from the road on a hill type setting and on 1 acre of land.  Home features nice floor plan, generous size formal dining, greatroom and kitchen area.  Walkout basement features a livngroom with fireplace and would be a good space for entertaining.  Large semi-private backyard. All contracts and offers are subject to final review and approval by seller. ** Contracts are not binding unless the entire agreement is ratified by all parties
Unit Size
1,744 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$108
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1966

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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 #24006933)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold
Premium
Sold
Feb 8, 2024 Listed by Willingham Real Estate $188,575
Listed by Willingham Real Estate

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,120
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,744
  • Building Area: 1,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THAT PART OF E 1/2 OF SE 1/4 SEC 33-T5S-R2E COMM IN CEN OF HWY AT A PT LOC 1727.45 FT S OF NE COR AND RUNN TH S 201 FT TH N 89 DEG 46' W 216.7 FT TH N 201 FT TH S 89 DEG 46' E 216.7 FT TO PL OF BEG SEC 33

Neighborhood

  • School District Name: Onsted Community Schools
  • School Tax School District: SCH: 46110
  • Census Tract: 060302

Zoning

  • Zoning: RE

Geography

  • District: CA0
  • Section: 33
  • Parcel: CA0-133-4930-00
  • Meridian: SEC 33 TWN 05S RNG 02E
  • Municipality: CAMBRIDGE TWP
  • Latitude: 41.9891
  • Longitude: -84.1897

    Address

  • Full Address: 7190 Onsted Hwy
  • Address - House Number: 7190
  • Address - Street Name: Onsted
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Onsted
  • Carrier Code: R004
  • 4-Digit Zip Code: 9759
  • Zip Code: 49265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $209,233
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 264,953
  • High Value: 312,669
  • Low Value: 217,236

    Market Valuation

  • Market Total Value: $171,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,700

    Exemptions

  • Homeowner Exemption: Yes
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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: Francine Willingham, Willingham Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24006933
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 7190 Onsted Highway built and last sold?
The property at 7190 Onsted Highway was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7190 Onsted Highway is $0.
What are some comparable homes to 7190 Onsted Highway?
There are currently no comparable homes to 7190 Onsted Highway.
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