$189,900
●
House -
In Contract
1505 Lay Boulevard
Kalamazoo, MI 49001
3 Beds
1 Bath,
1
Half Bath
1,230 Ft²
$1,063
Est. Monthly
About This Property
Beautifully remodeled 3 bed 1.5 bath home with a detached garage.
Almost everything has been updated, including new roof and central
air. The spacious main floor features a new kitchen with stainless
appliances, granite counters and tile backsplash, dining room,
primary bedroom with 1/2 bath, and a large living area. Upper level
features an eloquently updated full bath, 2 good sized bedrooms,
one with a huge walk in closet. The private backyard space features
a large deck to enjoy the summer nights with friends and family.
Must see house, too many updates to list, call for a private
showing today!
Unit Size
1,230 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$154
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1925
Listed By
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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: 18 days ago (MichRIC MLS #26055083)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2026 | Listed by Five Star Real Estate | $189,900 | |
| Listed by Five Star Real Estate | |||
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 27, 2024 | Listed by Five Star Real Estate | $189,900 | |
| Listed by Five Star Real Estate | |||
| | |||
|
Beautifully remodeled 3 bed 1.5 bath home with a detached garage. Almost everything has been updated, including new roof and central air. The spacious main floor features a new kitchen with stainless appliances, granite counters and tile backsplash, dining room, primary bedroom with 1/2 bath, and a large living area. Upper level features an eloquently updated full bath, 2 good sized bedrooms, one with a huge walk in closet. The private backyard space features a large deck to enjoy the summer nights with friends and family. Must see house, too many updates to list, call for a private showing today!
| |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Range, Refrigerator
Flooring Type: Carpet, Vinyl
Laundry Features: In Basement
Rooms: 8
Basement: Full
Exterior Details
Square Footage: 1230
Architectural Style: Craftsman
Year Built: 1925
Building Area Total: 1230
Window Features: Insulated Windows, Replacement
Construction Materials: Wood Siding
Patio and Porch Features: Deck, Porch
Lot Features: Sidewalk
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Lot Size Dimensions: 44x110
Water Source: Public
Financial Details
Tax Assessed Value: $56,382
Tax Annual Amount: $1,567
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Edison
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Listed by: Amanda M Atwood, Five Star Real Estate
Last Updated: 18 days ago
Data Source: MichRIC, MLS# 26055083
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.
Last Updated: 18 days ago
Data Source: MichRIC, MLS# 26055083
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