201 Edgewood Pl, Ferndale, MI 48220

Studio2 baths1,125 sqft Edit

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Off Market
Zestimate®: $86,849
Rent Zestimate®: $1,108/mo
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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LOOKING FOR A GREAT INVESTMENT PROPERTY WITH A POSITIVE CASH FLOW? THIS IS IT. ALL RENTAL INSPECTIONS ARE COMPLETE AND UP TO DATE. RECENTLY UPDATED. GREAT LOCATION. WALK TO DOWNTOWN FERNDALE. 2 UNIT MAINTENANCE FREE EXTERIOR HOME WITH A ONE CAR GARAGE. BOTH UNITS ARE CURRENTLY RENTED OUT. 2 BEDRM/ 1 BATH UNIT ON MAIN FLOOR WITH ACCESS TO BASEMENT AND GARAGE AND 1 BEDRM/ 1 BATH UNIT ON 2ND FLOOR WITH PRIVATE ENTRANCE. SELLER WILL ENTERTAIN ALL OFFERS. 48 HRS NOTICE FOR SHOWINGS PLEASE, NO EXCEPTIONS.

Facts

  • Lot: 3,920 sqft
  • Multi Family
  • Built in 1921
  • Views: 2,184 all time views
  • Cooling: Other
  • Heating: Forced air, Other
  • Last sold: Aug 2002 for $105,000

Features

  • Deck
  • Finished basement, 624 sqft
  • Fireplace
  • Parking: Garage - Attached, 1 space, 317 sqft

    Construction

    • Exterior material: Other, Vinyl
    • Roof type: Asphalt
    • Stories: 2
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 1,125 sqft
    • Heating: Electric, Gas
    • Last remodel year: 1959
    • Lot depth: 116
    • Lot width: 35
    • Parcel #: 2534451023
    • Zillow Home ID: 24675134

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $86,849
    +$1,684 Last 30 days
    $81K
    $95K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,108/mo
    -$10 Last 30 days
    $864
    $1.3K
    Zestimate range

    Popularity on Zillow

    2,184 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $67-169K.

    $50K
    $180K

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 48220 home values will rise 6.6% next year, compared to a 6.5% rise for Ferndale as a whole. Among 48220 homes, this home is valued 20.8% less than the midpoint (median) home, and is valued 23.8% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 48220, the number of foreclosures waiting to be sold is 2.1% higher than in Ferndale, and 320% higher than the national average. This higher local number may prevent 48220 home values from rising as quickly as other regions in Ferndale.

    Learn more about forecast calculations or 48220 home values.
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      Nearby Schools in Ferndale

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org