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Lenawee 49230
111 Walnut Street
$60,000
● House - Off Market

111 Walnut Street

Brooklyn, MI 49230
bedrooms
2 Beds
bathrooms
1 Bath
square feet
583 Ft²
$62,692
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Lot's of potential to create your own lake house near beautiful Wampler's Lake on a sizable lot in sought-after Irish Hills! A short distance to Jerry's Pub and Restaurant!An all sport's lake, Wampler's Lake is a great spot for boating, wind-surfing, tubing, water skiing, personal watercraft, sailing and pontooning. The sandy beach at the state park borders shallow water with a gradual slope ideal for children. Wamplers Lake is primarily spring-fed, but gains some water from neighboring Round Lake to the east.
Unit Size
583 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$103
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
1945

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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 #23119351)

Price History

Date / Event Date Event Price
Feb 28, 2023 Sold
Premium
Sold
Feb 2, 2023 Listed by Howard Hanna $60,000
Listed by Howard Hanna

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 600
  • Total Building Area: 583
  • Building Area: 583
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 583
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK SHADE PARK
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 1/2 OF LOT 21 AND ALL OF LOT 22 OAK SHADE PARK.

Neighborhood

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

Zoning

  • Zoning: RE

Geography

  • District: CA0
  • Parcel: CA0-620-0220-00
  • Lot: 21-22
  • Municipality: CAMBRIDGE TWP
  • Latitude: 42.0688
  • Longitude: -84.1575

    Address

  • Full Address: 111 Walnut St
  • Address - House Number: 111
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R003
  • 4-Digit Zip Code: 9234
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $80,048

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 78
  • Final Value: 116,561
  • High Value: 136,599
  • Low Value: 96,523

    Market Valuation

  • Market Total Value: $69,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 1991
  • Current Sale Recording Date: Jul 25, 1991
  • Current Sale Document Type: 27
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: Greg Uihlein, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23119351
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 111 Walnut Street built and last sold?
The property at 111 Walnut Street was built in 1945 and last sold on Jul 25, 1991 for $0.
How much is this home worth?
The estimated value of the home located at 111 Walnut Street is $0.
What are some comparable homes to 111 Walnut Street?
There are currently no comparable homes to 111 Walnut Street.
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