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Lawrence 49064
312 Blackman Street
$31,000
● House - Off Market

312 Blackman Street

Lawrence, MI 49064
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$32,131
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

3 bed, 2 bath Lawrence, MI home. This property will need extensive work and repairs before move in ready. Wonderful,

spacious yard
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$19
Property Type
House
Property Taxes
$110
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: 3 years ago (MichRIC MLS #17002826)

Price History

Date / Event Date Event Price
Feb 8, 2022 Sold
Premium
Sold
Jan 28, 2022 No longer available -
No longer available
Dec 24, 2021 In contract -
In contract
Dec 11, 2021 Listed by USREALTY.COM LLP $69,000
Listed by USREALTY.COM LLP
Sep 1, 2020 Sold
Premium
Sold
Show More

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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 747
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Depth Feet: 1,822
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 939
  • Building Area: 939
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 939
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE LAWRENCE
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 754-A 10-3-15 248-390 909-805 925-954 1273-767 1613-779 1614-950 1625-952 1649-449 1662-722 1705-447 1732-905/6 *** BEG 132'

Neighborhood

  • School District Name: Lawrence Public School District
  • School Tax School District: LAWRENCE
  • Census Tract: 011300

Zoning

  • Zoning: VILLAGE

Geography

  • Assessors Map Reference: 754-A
  • District: 44
  • Section: L
  • Parcel: 80-44-350-002-00
  • Block: 12
  • Municipality: LAWRENCE VILLAGE
  • Latitude: 42.2165
  • Longitude: -86.0469

    Address

  • Full Address: 312 Blackman St
  • Address - House Number: 312
  • Address - Street Name: Blackman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lawrence
  • Carrier Code: R003
  • 4-Digit Zip Code: 9606
  • Zip Code: 49064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $99,316
  • Tax Rate Code Area: 80440

    Appraisal Valuation

  • Standard Deviation: 0.3385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 32
  • Final Value: 40,366
  • High Value: 54,033
  • Low Value: 26,698

    Market Valuation

  • Market Total Value: $68,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3414247
  • Previous Sale Recording Date: Feb 08, 2022
  • Previous Sale Contract Date: Jan 10, 2022
  • Previous Sale Amount: $35,000
  • 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 Lawrence

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$157

Below Asking

0.06%

Average Days on Market

50

Average Home Size

1653 ft²

Average Home Age

96.3 years

Currently For Sale

4 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: Ryan Gehris, USREALTY.COM LLP
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17002826
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 312 Blackman Street built and last sold?
The property at 312 Blackman Street was built in and last sold on Jan 10, 2022 for $58,000.
How much is this home worth?
The estimated value of the home located at 312 Blackman Street is $0.
What are some comparable homes to 312 Blackman Street?
There are currently no comparable homes to 312 Blackman Street.
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