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Lenawee 49230
13501 W M50 BLK
$75,000
● Land - Off Market

13501 W M50 BLK

Brooklyn, MI 49230
bedrooms
Studio
bathrooms
0 Bath
$75,126
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
8.67 acres
Price per sqft
-
Property Type
Land
Property Taxes
$13
HOA Dues
-
Year Built
1900

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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 #23020848)

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold
Premium
Sold
May 15, 2023 Listed by RE/MAX IRISH HILLS REALTY $75,000
Listed by RE/MAX IRISH HILLS REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • 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: 856
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,320,854
  • Total Building Area: 3,344
  • Building Area: 3,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 3,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000122150
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: NW 1/4 OF NE 1/4 - NE 1/4 OF NW 1/4 - SE 1/4 OF NW 1/4 EXCEPT E 3 ACRES ALSO LD BEG AT INTERSEC OF CTR LI OF M-50 WITH E & W-1/4 LI SEC 5 SD PT BEING 955.14 FT E OF W-1/4 POST SD SEC TH N 20^24'W 82.96 FT TH N 20^19'W 179.90 FT TH ON CURVE LEFT CHD B

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: SCH: 38040
  • Census Tract: 060302

Zoning

  • Zoning: AG

Geography

  • District: CA0
  • Section: O
  • Parcel: CA0-105-1800-00
  • Municipality: CAMBRIDGE TWP
  • Latitude: 42.0667
  • Longitude: -84.2236

    Address

  • Full Address: 13501 M 50
  • Address - House Number: 13501
  • Address - Street Name: M 50
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R007
  • 4-Digit Zip Code: 8344
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $351,340
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 843,007
  • High Value: 987,376
  • Low Value: 698,638

    Market Valuation

  • Market Total Value: $645,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $322,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2002
  • Current Sale Recording Date: Oct 17, 2002
  • 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

Rentals Near You

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MichRIC

Listed by: PENNY NOREIKA, RE/MAX IRISH HILLS REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23020848
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 13501 M 50 built and last sold?
The property at 13501 M 50 was built in 1900 and last sold on Oct 17, 2002 for $0.
How much is this home worth?
The estimated value of the home located at 13501 M 50 is $0.
What are some comparable homes to 13501 M 50?
There are currently no comparable homes to 13501 M 50.
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