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Battle Creek 49037
31 Royal Road
$240,000
● House - Off Market

31 Royal Road

Springfield, MI 49037
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,480 Ft²
$1,595
Est. Monthly
5.67%
Cap Rate

About This Property

Beautifully updated brick ranch home available! This 3 bedroom, 1 1/2 bath home features a new roof in March 2021, fresh paint, new carpet, and completely remodeled bathrooms! The kitchen offers plenty of countertop space and cabinets, a snack bar and a eat in area with a gorgeous fireplace! There is a formal dining room, large living room, an abundance of closet space, full finished basement, and a fenced in backyard!
Unit Size
2,480 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$97
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1968

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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: 2 years ago (MichRIC MLS #25021272)

Price History

Date / Event Date Event Price
Oct 29, 2025 No longer available -
No longer available
May 15, 2025 Delisted -
Delisted
Apr 29, 2025 Listed by Keller Williams GR East $240,000
Listed by Keller Williams GR East
Jan 20, 2022 Sold
Premium
Sold
Oct 21, 2021 Listed by Keller Williams GR East $189,900
Listed by Keller Williams GR East
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,480
  • Garage Type: 7
  • Garage Square Area: 468
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,981
  • Total Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTLAKE WOODS
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SP CITY, WESTLAKE WOODS, LOT 64

Neighborhood

  • School District Name: Battle Creek Public Schools
  • School Tax School District: BATTLE CREEK
  • Census Tract: 001300

Zoning

  • Zoning: R-1

Geography

  • District: 54
  • Parcel: 54-260-064-00
  • Lot: 64
  • Municipality: SPRINGFIELD CITY
  • Latitude: 42.3279
  • Longitude: -85.2482

    Address

  • Full Address: 31 Royal Rd
  • Address - House Number: 31
  • Address - Street Name: Royal
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Springfield
  • Carrier Code: C067
  • 4-Digit Zip Code: 7651
  • Zip Code: 49037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $407,416

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 211,467
  • High Value: 310,238
  • Low Value: 112,695

    Market Valuation

  • Market Total Value: $187,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,565

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 24, 2021
  • Previous Sale Contract Date: Aug 12, 2021
  • Previous Sale Amount: $110,000
  • Previous 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

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MichRIC

Listed by: Lucas Howard, Keller Williams GR East
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25021272
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 31 Royal Road built and last sold?
The property at 31 Royal Road was built in 1968 and last sold on Jan 10, 2022 for $189,900.
How much is this home worth?
The estimated value of the home located at 31 Royal Road is $0.
What are some comparable homes to 31 Royal Road?
There are currently no comparable homes to 31 Royal Road.
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