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Royal Oak 48073 Royal Oak
2011 Nakota Road
$273,100
● House - Off Market

2011 Nakota Road

Royal Oak, MI 48073
bedrooms
3 Beds
bathrooms
1 Bath
square feet
949 Ft²
$277,722
RealtyHop Estimate
5.60%
Since Apr 1, 2022
MI-Detroit
Primary Model

About This Property

Fantastic location just a short distance to Normandy Oaks Park and Elks Park in Royal Oak. Completely remodeled brick home including new driveway in 2018 and new roof in summer 2021.  Vaulted ceiling living room with recessed lighting, open to the kitchen with white cabinetry and quartz counters. Newer all stainless steel appliances are within four years old.  Bright and sunny dining room with large windows. Beautiful hardwood floors throughout. Updated bathroom includes a luxurious custom tiled shower. Unfinished full basement perfect for storage.  Close to Main Street Royal Oak, easy access to major highways.
Unit Size
949 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$277
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1958

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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 #23089557)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by Howard Hanna $263,000
Listed by Howard Hanna
Mar 1, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 928
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 949
  • Building Area: 949
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 949
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST MANOR
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: T1N, R11E, SEC 5 HILLCREST MANOR SUB LOT 150

Neighborhood

  • School District Name: Royal Oak City School District
  • School Tax School District: 230
  • Census Tract: 183000

Zoning

  • Zoning: RI

Geography

  • District: 72
  • Parcel: 72-25-05-276-003
  • Lot: 150
  • Meridian: SEC 5 TWN 1N RNG 11E
  • Municipality: ROYAL OAK CITY
  • Latitude: 42.5289
  • Longitude: -83.1697

    Address

  • Full Address: 2011 Nakota Rd
  • Address - House Number: 2011
  • Address - Street Name: Nakota
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Royal Oak
  • Carrier Code: C094
  • 4-Digit Zip Code: 1919
  • Zip Code: 48073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $406,013

    Appraisal Valuation

  • Standard Deviation: 0.0919
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 92
  • Final Value: 262,684
  • High Value: 286,828
  • Low Value: 238,539

    Market Valuation

  • Market Total Value: $161,280

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $80,640

    Sales

  • Current Sale Contract Date: Feb 20, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 028324
  • Previous Sale Recording Date: Jul 19, 2000
  • Previous Sale Contract Date: Jun 28, 2000
  • Previous 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 Royal Oak

Stats & Trends

Median Asking:

$359,000

Sale Price/ft²

$252

Below Asking

0.02%

Average Days on Market

40

Average Home Size

2798 ft²

Average Home Age

73.9 years

Currently For Sale

27 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

Unit for rent at 429 Royal Avenue, Royal Oak, MI, 48073

$2,399 /mo

  • 4 Beds
  • 1 Bath
  • 1,625 ft²
429 Royal Avenue, Royal Oak, MI, 48073 Listing by Andrew Sygit

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Hody W List, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23089557
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 2011 Nakota Road built and last sold?
The property at 2011 Nakota Road was built in 1958 and last sold on Feb 20, 2019 for $227,000.
How much is this home worth?
The estimated value of the home located at 2011 Nakota Road is $262,133.
What are some comparable homes to 2011 Nakota Road?
There are currently no comparable homes to 2011 Nakota Road.
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