For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Eaton 49284
3040 Luella Lane
$169,000
● House - Off Market

3040 Luella Lane

Springport, MI 49284
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,188
Est. Monthly
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$169
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #25056051)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Oct 8, 2025 Listed by Executive Brokers Residential and Commercial Real Estate $169,000
Listed by Executive Brokers Residential and Commercial Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 810
  • Building Area: 810
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUTTONS LAKEVIEW SUBDIVISION
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 6 & 7. SUTTONS LAKEVIEW SUBDIVISION SEC 27 T1N,R4W, BROOKFIELD TWP

Neighborhood

  • School District Name: Eaton Rapids Public Schools
  • School Tax School District: 23050
  • Census Tract: 021100

Zoning

  • Zoning: R1

Geography

  • District: 150
  • Section: 27
  • Parcel: 150 060 700 006 00
  • Lot: 6-7
  • Meridian: SEC 27 TWN 01N RNG 04W
  • Municipality: BROOKFIELD TWP
  • Latitude: 42.4418
  • Longitude: -84.7765

    Address

  • Full Address: 3040 Luella Ln
  • Address - House Number: 3040
  • Address - Street Name: Luella
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Springport
  • Carrier Code: R082
  • 4-Digit Zip Code: 9312
  • Zip Code: 49284

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $56,056
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 142,939
  • High Value: 163,583
  • Low Value: 122,295

    Market Valuation

  • Market Total Value: $114,938

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,469
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 Eaton

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2145 ft²

Average Home Age

66.8 years

Currently For Sale

32 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Clifford Risner, Executive Brokers Residential and Commercial Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25056051
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 3040 Luella Lane built and last sold?
The property at 3040 Luella Lane 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 3040 Luella Lane is $0.
What are some comparable homes to 3040 Luella Lane?
There are currently no comparable homes to 3040 Luella Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Brookfield Homes for Sale
Brookfield Houses for Sale
Brookfield Homes with Basements
Brookfield Homes with Pools
Brookfield Homes with Parking
Brookfield Homes with Garages
Brookfield Homes with a View
Brookfield Homes with Guest House
Nearby Cities
Charlotte Homes for Sale
Eaton Rapids Homes for Sale
Springport Homes for Sale
Olivet Homes for Sale
Nearby Property Records
Eaton County, MI Property Records
Calhoun County, MI Property Records
Ingham County, MI Property Records
Jackson County, MI Property Records
Barry County, MI Property Records
Clinton County, MI Property Records
Ionia County, MI Property Records
Kalamazoo County, MI Property Records
Nearby Counties
Charlotte Homes for Sale
Springport Homes for Sale
Eaton Rapids Homes for Sale
Walton Homes for Sale
Clarence Homes for Sale
Hamlin Homes for Sale
Eaton Rapids Homes for Sale
Eaton Homes for Sale
Top Real Estate Agents
Top Agents in Brookfield
Top Agents in 48813
Top Agents in 48827
Top Agents in Charlotte
Top Agents in Charlotte
Top Agents in 49284
Top Agents in 49076
Top Agents in Springport