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Battle Creek 49015
257 Eldred Street
$152,000
● House - Off Market

257 Eldred Street

Battle Creek, MI 49015
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,124 Ft²
$829
Est. Monthly
12.46%
Cap Rate

About This Property

Move in ready 1.5 story home offering 4 bedroom 1 full bath is looking for you to call it home! Man floor has 2 bedrooms the full bath and large living room and the kitchen that has a small eat in area. Upstairs you'll find the other 2 bedrooms and a small landing. Basement is wide open and ready for you to finish off the way you want it done. Outside you have a cute backyard and a one car detached garage. Call Jeffrey A Penick today for a private tour at
Unit Size
1,124 Ft²
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
$133
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1939

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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 #25026288)

Price History

Date / Event Date Event Price
Jul 30, 2025 Sold
Premium
Sold
Jun 9, 2025 In contract -
In contract
Jun 4, 2025 Listed by RE/MAX Perrett Associates $150,000
Listed by RE/MAX Perrett Associates
Jul 28, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 728
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,968
  • Lot Size Depth Feet: 1,493
  • Lot Size Frontage Feet: 425
  • Total Building Area: 1,124
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRHOME ANNEX
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: FAIRHOME ANNEX LOT 38

Neighborhood

  • School District Name: Lakeview School District
  • School Tax School District: BATTLE CREEK
  • Census Tract: 000500

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: 611SE
  • District: 52
  • Parcel: 2910-00-038-0
  • Lot: 38
  • Meridian: TWN 2S RNG 8W
  • Municipality: BATTLE CREEK CITY
  • Latitude: 42.3081
  • Longitude: -85.2077

    Address

  • Full Address: 257 Eldred St
  • Address - House Number: 257
  • Address - Street Name: Eldred
  • Address - Suffix Type: St
  • State: MI
  • City Name: Battle Creek
  • Carrier Code: C025
  • 4-Digit Zip Code: 2162
  • Zip Code: 49015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $93,184

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 108,893
  • High Value: 159,754
  • Low Value: 58,031

    Market Valuation

  • Market Total Value: $86,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,183

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2016
  • Current Sale Recording Date: Jul 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
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 Battle Creek

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1634 ft²

Average Home Age

78.1 years

Currently For Sale

139 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

Rentals Near You

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MichRIC

Listed by: Jeffrey Penick, RE/MAX Perrett Associates
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25026288
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 257 Eldred Street built and last sold?
The property at 257 Eldred Street was built in 1939 and last sold on Jul 18, 2016 for $42,400.
How much is this home worth?
The estimated value of the home located at 257 Eldred Street is $151,450.
What are some comparable homes to 257 Eldred Street?
There are currently no comparable homes to 257 Eldred Street.
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