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Walled Lake 48390 Walled Lake
1109 Beta Road
$245,000
● House - Off Market

1109 Beta Road

Walled Lake, MI 48390
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,024 Ft²
$1,517
Est. Monthly
8.71%
Cap Rate

About This Property

Welcome home to 1109 Beta Rd.  This move in ready 3 bedroom 1 full bathroom Walled Lake home offers over 1.000 sq ft of living space and a 2 car attached garage.  The home sits on a .30 acre corner lot with a fenced in backyard.  The only thing this home needs is its next owners.
Unit Size
1,024 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$243
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #23129833)

Price History

Date / Event Date Event Price
Dec 11, 2023 Sold
Premium
Sold
Oct 31, 2023 Listed by Howard Hanna $249,000
Listed by Howard Hanna
Aug 11, 2017 Sold
Premium
Sold
Oct 10, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 871
  • Garage Type: 7
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,286
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 872
  • Building Area: 872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRI-A SUB
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: T2N, R8E, SECS 34 & 35 TRI-A SUB LOT 60

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 134900

Zoning

  • Zoning: RI

Geography

  • District: 92
  • Parcel: 92-17-35-152-008
  • Lot: 60
  • Municipality: WALLED LAKE CITY
  • Latitude: 42.5358
  • Longitude: -83.4765

    Address

  • Full Address: 1109 Beta Rd
  • Address - House Number: 1109
  • Address - Street Name: Beta
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Walled Lake
  • Carrier Code: C011
  • 4-Digit Zip Code: 3710
  • Zip Code: 48390

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $352,261

    Appraisal Valuation

  • Standard Deviation: 0.0913
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 92
  • Final Value: 246,648
  • High Value: 269,184
  • Low Value: 224,113

    Market Valuation

  • Market Total Value: $169,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 133796
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Contract Date: May 17, 2017
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: 71
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 Walled Lake

Stats & Trends

Median Asking:

$299,950

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1729 ft²

Average Home Age

38.7 years

Currently For Sale

6 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

Rentals Near You

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MichRIC

Listed by: Greg Uihlein, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23129833
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 1109 Beta Road built and last sold?
The property at 1109 Beta Road was built in 1956 and last sold on Dec 4, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 1109 Beta Road is $0.
What are some comparable homes to 1109 Beta Road?
There are currently no comparable homes to 1109 Beta Road.
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