$183,000
●
House -
Off Market
1838 Traver
Ann Arbor, MI 48105
3 Beds
1 Bath,
1
Half Bath
1,210 Ft²
$385,278
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model
About This Property
Take a look at this wonderful Northside Mid-Century Modern. This
single owner, brick home has been lovingly maintained and is simply
waiting for its new owner. You'll love the wall of windows in your
living room and the master bedroom that is large enough for your
king size bed. The second floor has hardwood under the carpet, the
back yard is huge and features a large covered patio, and you have
a carport to keep you dry from the rain and your car free from snow
this winter. You can't ask for a better location: a short walk to
golfing, hiking, and directly across from Leslie Park Science
Center. The home itself has a large backyard, a wonderful
front porch and a back patio for those summer barbecues.
Unit Size
1,210 Ft²
Days on Market
99 days
Land Size
0.28 acres
Price per sqft
$165
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1963
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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: 2 years ago (MichRIC MLS #23076272)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by More Group Michigan, LLC | $400,000 | |
| Listed by More Group Michigan, LLC | |||
| | |||
|
Living at 1838 Traver Road puts you in one of Ann Arbor's most desirable neighborhoods, where nature meets convenience. Imagine starting your morning with a walk through the serene trails of Leslie Science & Nature Center, where you might spot local wildlife or enjoy the changing seasons. Ski at the Leslie Park Golf course and walk to the Northside school. The location offers the perfect balance of peaceful residential living while maintaining easy access to Ann Arbor's vibrant cultural scene. On weekends, you can stroll down to the Huron River for kayaking or cycling along the riverside trails. The proximity to North Campus means you're part of Ann Arbor's academic atmosphere while being just far enough away to enjoy a quieter, more residential setting.
| |||
| Dec 1, 2024 | No longer available | - | |
| No longer available | |||
| Nov 23, 2024 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Listed On
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Sold On
HOA + Taxes
About Northeast Ann Arbor
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Listed by: Zachary Mohler, Howard Hanna RE Services
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23076272
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: 2 years ago
Data Source: MichRIC, MLS# 23076272
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