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Lenawee 49230
433 Wolf Lake Road
$110,000
● House - Off Market

433 Wolf Lake Road

Brooklyn, MI 49230
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 Ft²
$75,483
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

One bedroom, 1 bath home on all-sports Wolf Lake in Lenawee County. ''Search property on auction.com for details/offer opportunities. Decisions may take 1 week. Call agent or Auction.com at for information. 5% or $2,500 min Auction Fee paid at closing. Bank employees, individual insiders, impacted 3rd party/vendors and their household members are prohibited from purchasing. Commissions are paid off the sales price minus the Auction Fee.'' Auction runs 4/17-4/19/22.
Unit Size
700 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$107
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1959

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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 #22010452)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by LEFERE REALTY $74,900
Listed by LEFERE REALTY
Aug 18, 2021 Sold
Premium
Sold
Oct 15, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 600
  • Total Building Area: 700
  • Building Area: 700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1000
  • County Land Use Code: 408
  • Legal Description 1: THAT PART OF E 1/2 OF NE 1/4 SEC 9 COMM 1249.64 FT N AND 266.32 FT S 75 DEG 49' E FROM SW COR OF E 1/2 OF NE 1/4 RUNN TH S 75

Neighborhood

  • School District Name: Onsted Community Schools
  • School Tax School District: SCH: 46110
  • Census Tract: 006303

Zoning

  • Zoning: RE

Geography

  • District: CA0
  • Section: 9
  • Parcel: CA0-109-2920-00
  • Municipality: CAMBRIDGE TWP
  • Latitude: 42.0553
  • Longitude: -84.1938

    Address

  • Full Address: 433 Wolf Lake Rd
  • Address - House Number: 433
  • Address - Street Name: Wolf Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R003
  • 4-Digit Zip Code: 9207
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $286,492

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jul 14, 2022
  • Confidence Score: 74
  • Final Value: 220,542
  • High Value: 263,098
  • Low Value: 177,985

    Market Valuation

  • Market Total Value: $135,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,600

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Previous Sale Recording Date: Oct 15, 1999
  • Previous Sale Contract Date: Oct 15, 1999
  • Previous Sale Amount: $111,300
  • Previous Sale Document Type: 27
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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: DOUGLAS J DEMOTT, LEFERE REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22010452
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 433 Wolf Lake built and last sold?
The property at 433 Wolf Lake was built in 1959 and last sold on Aug 5, 2021 for $97,378.
How much is this home worth?
The estimated value of the home located at 433 Wolf Lake is $0.
What are some comparable homes to 433 Wolf Lake?
There are currently no comparable homes to 433 Wolf Lake.
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