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Morenci 49256
807 North Street
$9,000
● House - Off Market

807 North Street

Morenci, MI 49256
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,249 Ft²
$218
Est. Monthly
41.10%
Cap Rate

About This Property

What once was an old Bicycle shop, and later turned into a simple residence is now available for your vision! Small but mighty, and located on the north side of Morenci this bungalow features a new roof and tons of possibilities with a little love!
Unit Size
1,249 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$24
Property Type
House
Property Taxes
$71
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 #24051814)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Oct 2, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $29,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 657
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 749
  • Building Area: 749
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 749
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA NORTH ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: HOUSE AND E'LY 65 FT OF LOT 14 VILLA NORTH ADDITION AND THE N 25 FT OF THE FOLLOWING PARCEL DES AS THAT PART OF LOT 5 ASSESSOR'S PLAT NO 2 DES AS COMM IN W LI OF NORTH ST AT NE COR OF LOT 6 RUNN TH N 208.07 FT TO SE COR OF LOT 14 OF VILLA NORTH ADD T

Neighborhood

  • School District Name: Morenci Area Schools
  • School Tax School District: SCH: 46100
  • Census Tract: 061900

Geography

  • District: XM0
  • Parcel: XM0-600-0141-00
  • Lot: 5-6,14
  • Municipality: MORENCI CITY
  • Latitude: 41.7255
  • Longitude: -84.2175

    Address

  • Full Address: 807 North St
  • Address - House Number: 807
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MI
  • City Name: Morenci
  • Carrier Code: C001
  • 4-Digit Zip Code: 1117
  • Zip Code: 49256

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $96,030

    Market Valuation

  • Market Total Value: $39,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,500

    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 Morenci

Stats & Trends

Median Asking:

$209,450

Sale Price/ft²

$100

Below Asking

0.03%

Average Days on Market

45

Average Home Size

1489 ft²

Average Home Age

113.1 years

Currently For Sale

7 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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24051814
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 807 North Street built and last sold?
The property at 807 North Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 807 North Street is $0.
What are some comparable homes to 807 North Street?
There are currently no comparable homes to 807 North Street.
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