$175,000
●
House -
Off Market
765 Alexis Drive
Coldwater, MI 49036
4 Beds
3 Baths
2,200 Ft²
$245,362
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Spacious Country Ranch on 5 Acres with All of the Perks - Built in
2002, this 2200 square foot ranch has 4 Bedrooms & 3 Bathrooms -
All beautifully laid out on ONE LEVEL. French Doors, Spacious
Kitchen, Living & Family Rooms, Dining Room, Master En Suite, Main
Floor Laundry, Attached 2+ Car Garage, Central Air, Landscaping.
Seller lists the following UPDATES: Kitchen Appliances 2016-17,
Kitchen Island 2017Furnace, A/C November 2017, Carpeting / Flooring
2018, New Roof (Complete Tear Off) November 2018, New Skylights w
Warranty Nov 2018, 2019 - New Kitchen Counters, Deep Sink, Faucet,
Driveway resurfaced w gravel & new parking space added 2020
New Over Range Microwave, All new sinks & faucets all bathrooms
2020 Minutes to Chain of Lakes. Underground Dog Fence. NICE!!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$80
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
-
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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 #20006479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Listed | $175,000 | |
| Listed | |||
| | |||
|
Spacious Country Ranch on 5 Acres with All of the Perks - Built in 2002, this 2200 square foot ranch has 4 Bedrooms & 3 Bathrooms - All beautifully laid out on ONE LEVEL. French Doors, Spacious Kitchen, Living & Family Rooms, Dining Room, Master En Suite, Main Floor Laundry, Attached 2+ Car Garage, Central Air, Landscaping. Seller lists the following UPDATES: Kitchen Appliances 2016-17, Kitchen Island 2017Furnace, A/C November 2017, Carpeting / Flooring 2018, New Roof (Complete Tear Off) November 2018, New Skylights w Warranty Nov 2018, 2019 - New Kitchen Counters, Deep Sink, Faucet, Driveway resurfaced w gravel & new parking space added 2020 New Over Range Microwave, All new sinks & faucets all bathrooms 2020 - The result? Classy home ready just in time for YOU!!! The manager has listed the unit size as 2200 square feet.
| |||
| Feb 19, 2020 | Listed by EXP Realty | $175,000 | |
| Listed by EXP Realty | |||
| Oct 7, 2016 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Esther Leonard, EXP Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20006479
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.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20006479
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