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Kalamazoo 49008 Oakland-Winchell
2520 Bruce Drive
$248,000
● House - Off Market

2520 Bruce Drive

Kalamazoo, MI 49008
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,158 Ft²
$1,521
Est. Monthly
3.57%
Cap Rate

About This Property

This cared-for 2-bedroom ranch in Winchell offers comfort and convenience. Wood floors grace the bedrooms, while the primary one features a stackable washer and dryer. Gather in the spacious living room with a gas fireplace. The kitchen boasts ample counter space and a view of the backyard. Relax in the sunroom, leading to the deck and backyard. Modern updates include Pella windows and new mechanicals. The lower level offers a rec room, full bath, and a room for a 3rd bedroom or home office with a separate entrance - ideal for a roommate.Well-maintained and convenient, this Winchell home awaits your story.
Unit Size
2,158 Ft²
Days on Market
51 days
Land Size
0.25 acres
Price per sqft
$113
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1955

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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: 7 months ago (MichRIC MLS #24012892)

Price History

Date / Event Date Event Price
May 7, 2024 Sold
Premium
Sold
Mar 14, 2024 Listed by Keller Williams Kalamazoo Market Center $243,500
Listed by Keller Williams Kalamazoo Market Center

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,055
  • Garage Type: 7
  • Garage Square Area: 319
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 440
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,165
  • Building Area: 1,165
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,165
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEWART ESTATES
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: G77Z-23&24-1 STEWART ESTATES NO. 2, LIBER 19 OF PLATS PAGES 21 & 22; LOT 160 & N 16.5FT OF LOT 161

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 001601

Zoning

  • Zoning: RS-5

Geography

  • District: 0
  • Parcel: 06-29-408-160
  • Lot: 160-161
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.2656
  • Longitude: -85.6157

    Address

  • Full Address: 2520 Bruce Dr
  • Address - House Number: 2520
  • Address - Street Name: Bruce
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C045
  • 4-Digit Zip Code: 2263
  • Zip Code: 49008

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,548

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 241,665
  • High Value: 290,931
  • Low Value: 192,400

    Market Valuation

  • Market Total Value: $196,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,000

    Exemptions

  • Homeowner Exemption: Yes
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 Oakland-Winchell

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2416 ft²

Average Home Age

72.8 years

Currently For Sale

13 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 1404 W Michigan Avenue, Kalamazoo, MI, 49006

$1,025 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
1404 W Michigan Avenue #4, Kalamazoo, MI, 49006 Listing by Bonnie k Granado

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jennifer K Hoffman, Keller Williams Kalamazoo Market Center
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 24012892
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 2520 Bruce Drive built and last sold?
The property at 2520 Bruce Drive was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2520 Bruce Drive is $251,811.
What are some comparable homes to 2520 Bruce Drive?
There are currently no comparable homes to 2520 Bruce Drive.
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