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Washtenaw 48198
2335 Holmes Road
$135,000
● House - Off Market

2335 Holmes Road

Ypsilanti, MI 48198
bedrooms
2 Beds
bathrooms
1 Bath
square feet
648 Ft²
$796
Est. Monthly
10.82%
Cap Rate

About This Property

This cute-as-can-be Ranch perfectly embodies the sentiment of the popular book ''The Not So Big House!'' Its functional floor plan features a nice sized living room, a cute kitchen with crisp white cabinets and newer flooring, two bedrooms and a hallway bath with new shower. Other important updates include a new roof, siding, windows, water heater and interior paint! The extra deep 300-foot yard allows for plenty of room for the kids and pets to run and play! With a terrific location in Ypsilanti Township, this home has easy access to Community Center Park, Green Oaks Golf Course, Sunrise Center Shopping Center, and expressways!
Unit Size
648 Ft²
Days on Market
81 days
Land Size
0.34 acres
Price per sqft
$208
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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 #25022020)

Price History

Date / Event Date Event Price
Aug 4, 2025 Sold
Premium
Sold
May 21, 2025 In contract -
In contract
May 15, 2025 Listed by The Charles Reinhart Company $135,000
Listed by The Charles Reinhart Company

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Frontage Feet: 0
  • Total Building Area: 648
  • Building Area: 648
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 648
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENINGS LITTLE ORCHARDS
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: YP# 66-214 LOT 214 GREENING'S LITTLE ORCHARDS.

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: WILLOW RUN
  • Census Tract: 412100

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-02-185-008
  • Block: 185
  • Lot: 214
  • Meridian: SEC 02 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2544
  • Longitude: -83.5648

    Address

  • Full Address: 2335 Holmes Rd
  • Address - House Number: 2335
  • Address - Street Name: Holmes
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C042
  • 4-Digit Zip Code: 4246
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 72
  • Final Value: 111,381
  • High Value: 134,070
  • Low Value: 88,692

    Market Valuation

  • Market Total Value: $103,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,800
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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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: Nancy Bishop, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25022020
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 2335 Holmes Road built and last sold?
The property at 2335 Holmes Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2335 Holmes Road is $137,390.
What are some comparable homes to 2335 Holmes Road?
There are currently no comparable homes to 2335 Holmes Road.
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