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Schoolcraft 49087
445 Tulip Drive
$307,000
● House - Off Market

445 Tulip Drive

Schoolcraft, MI 49087
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,796 Ft²
$1,943
Est. Monthly
3.79%
Cap Rate

About This Property

Welcome to this stunningly updated 3br ranch, offering modern upgrades throughout. Step inside to find new flooring throughout and stylish accent walls that add character to every room.  The remodeled kitchen boasts quartz countertops, center island, perfect for meal prep and entertaining.  Off the kitchen, you'll love the convenience of a mudroom/laundry room, making everyday living a breeze.  Relax in the living area featuring a built-in shelving unit and fireplace, perfect for gatherings.  Or the 4 season room filled with natural light. The bathroom has a new tub/shower, and additional rec room in the basement. Outside there is a brand new deck with a fenced in yard. Additional updates: newer roof, new furnace/ac, and windows for peace of mind. This move-in-ready home is a must see!
Unit Size
1,796 Ft²
Days on Market
41 days
Land Size
0.34 acres
Price per sqft
$173
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1991

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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 #25011612)

Price History

Date / Event Date Event Price
May 6, 2025 Sold
Premium
Sold
Apr 1, 2025 In contract -
In contract
Mar 26, 2025 Listed by Chuck Jaqua, REALTOR $310,000
Listed by Chuck Jaqua, REALTOR
Mar 20, 2023 Sold
Premium
Sold
Dec 17, 2022 Listed by Chuck Jaqua, REALTOR $259,900
Listed by Chuck Jaqua, REALTOR
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,232
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN PRAIRIE ACRES #3
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: GOLDEN PRAIRIE ACRES NO 3 LOT 80

Neighborhood

  • School District Name: Schoolcraft Community Schools
  • School Tax School District: SCHOOLCRAFT
  • Census Tract: 006102

Zoning

  • Zoning: PH679-4304

Geography

  • District: 57
  • Parcel: 14-17-309-270
  • Lot: 80
  • Municipality: SCHOOLCRAFT VILLAGE
  • Latitude: 42.1196
  • Longitude: -85.6237

    Address

  • Full Address: 445 Tulip Dr
  • Address - House Number: 445
  • Address - Street Name: Tulip
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Schoolcraft
  • Carrier Code: R013
  • 4-Digit Zip Code: 9700
  • Zip Code: 49087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $187,586
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 266,476
  • High Value: 310,540
  • Low Value: 222,413

    Market Valuation

  • Market Total Value: $188,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5614
  • Previous Sale Recording Date: Sep 29, 2005
  • Previous Sale Contract Date: Aug 31, 2005
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Schoolcraft

Stats & Trends

Median Asking:

$214,500

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1774 ft²

Average Home Age

136.3 years

Currently For Sale

6 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: Scott S Fraze, Chuck Jaqua, REALTOR
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25011612
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 445 Tulip Drive built and last sold?
The property at 445 Tulip Drive was built in 1991 and last sold on Mar 2, 2023 for $243,000.
How much is this home worth?
The estimated value of the home located at 445 Tulip Drive is $310,065.
What are some comparable homes to 445 Tulip Drive?
There are currently no comparable homes to 445 Tulip Drive.
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