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Lansing 48910 Southside
2010 Ferrol Street
$162,000
● House - Off Market

2010 Ferrol Street

Lansing, MI 48910
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,560 Ft²
$154,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Wonderfully updated 4 bedroom home on Lansings south side, close to parks and shopping! Home features a large fenced in yard with shed, as well as  a newer metal roof, new carpet and paint throughout and is ready for new owners!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$99
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1946

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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 #23139705)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Nov 2, 2023 Sold
Premium
Sold
Oct 25, 2023 Listed by HOWARD HANNA REAL ESTATE SERVI $154,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 8, 2020 Sold
Premium
Sold
Apr 7, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,907
  • Lot Size Depth Feet: 2,599
  • Lot Size Frontage Feet: 766
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUPERVISORS PLAT
  • Land Acres: 0000000457
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 1/2 LOT 11 SUPERVISORS PLAT OF HOLOWAY SUB

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 003700

Geography

  • Assessors Map Reference: SP-0190 -0037
  • District: 01-01
  • Parcel: 33-01-01-32-101-221
  • Lot: 11
  • Municipality: LANSING CITY
  • Latitude: 42.695
  • Longitude: -84.5792

    Address

  • Full Address: 2010 Ferrol St
  • Legal Unit: 11
  • Address - House Number: 2010
  • Address - Street Name: Ferrol
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lansing
  • Carrier Code: C031
  • 4-Digit Zip Code: 4384
  • Zip Code: 48910

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $11,700
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 89
  • Final Value: 159,601
  • High Value: 176,264
  • Low Value: 142,937

    Market Valuation

  • Market Total Value: $98,600
  • Market Land Value: $28,000
  • Market Improvement Value: $70,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,300
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $35,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45645
  • Previous Sale Recording Date: Nov 02, 2023
  • Previous Sale Contract Date: Aug 10, 2023
  • Previous Sale Amount: $48,750
  • Previous Sale Document Type: 64
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 Southside

Stats & Trends

Median Asking:

$149,000

Sale Price/ft²

$130

Below Asking

0.04%

Average Days on Market

71

Average Home Size

1141 ft²

Average Home Age

80 years

Currently For Sale

24 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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23139705
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 2010 Ferrol Street built and last sold?
The property at 2010 Ferrol Street was built in 1946 and last sold on Dec 20, 2023 for $162,000.
How much is this home worth?
The estimated value of the home located at 2010 Ferrol Street is $0.
What are some comparable homes to 2010 Ferrol Street?
There are currently no comparable homes to 2010 Ferrol Street.
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