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Cass 49067
53741 Lawrence
$63,000
● Mobile Manufactured - Off Market

53741 Lawrence

Marcellus, MI 49067
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$122,472
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

PRICE REDUCED!  BEST DEAL ON THE LAKE... Seller is motivated and will look at all offers.   On quiet lake Cowham/Mumford with 95' frontage, Marcellus MI.  Very nice setting.  This is a perfect lake for fishing, canoeing, kayaking or birdwatching (electric motors or small motors are allowed).  Large deck offers a great place to enjoy your morning coffee watching the sun rise over the lake.  Quaint cottage home with good size family room, kitchen with separate eating area.  Recent updates include new well 2010 and new plumbing 2015. Hard to beat this price and opportunity.  Home needs some updating and TLC but great potential.  Approx 2 hours from Chicago, 25 min from Kalamazoo.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$65
Property Type
Mobile Manufactured
Property Taxes
$135
HOA Dues
-
Year Built
-

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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 #15024130)

Price History

Date / Event Date Event Price
Apr 18, 2018 Sold
Premium
Sold
Mar 13, 2018 Listed by USREALTY.COM LLP $85,900
Listed by USREALTY.COM LLP
BEST DEAL ON THE LAKE. On quiet lake Cowham/Mumford with 95' frontage, Marcellus MI. Very nice setting. This is a perfect lake for fishing, canoeing, kayaking or birdwatching (electric motors or small motors are allowed). Large deck offers a great place to enjoy your morning coffee watching the sun rise over the lake. Quaint cottage home with good size family room, kitchen with separate eating area. Recent updates include new well 2010 and new plumbing 2015. Painted in 2016. Hard to beat this price and opportunity. Approx 2 hours from Chicago, 25 min from Kalamazoo
Dec 8, 2015 Sold
Premium
Sold
May 15, 2015 Listed by @properties Christie's International R.E. $69,000
Listed by @properties Christie's International R.E.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 445-88, 273A2-3, T5S R14W, COM S 918 FT, S75?21'E 980.9 FT, S23?15'W 109.1 FT & S30?55'W 95.14 FT FRM W 1/4 COR, TH N83?8'W

Neighborhood

  • School District Name: Marcellus Community Schools
  • School Tax School District: MARCELLUS
  • Census Tract: 001701

Geography

  • District: 140
  • Parcel: 14-140-024-019-21
  • Municipality: VOLINA TWP
  • Latitude: 42.0161
  • Longitude: -85.8928

    Address

  • Full Address: 53741 Lawrence Rd
  • Address - House Number: 53741
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Marcellus
  • Carrier Code: R002
  • 4-Digit Zip Code: 9595
  • Zip Code: 49067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $66,723

    Appraisal Valuation

  • Standard Deviation: 0.3717
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 25
  • Final Value: 169,431
  • High Value: 232,409
  • Low Value: 106,452

    Market Valuation

  • Market Total Value: $160,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,300

    Exemptions

  • Homeowner Exemption: Yes
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 Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1965 ft²

Average Home Age

60.4 years

Currently For Sale

167 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: Mark Wortman, @properties Christie's International R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 15024130
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 53741 Lawrence Road built and last sold?
The property at 53741 Lawrence Road 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 53741 Lawrence Road is $0.
What are some comparable homes to 53741 Lawrence Road?
There are currently no comparable homes to 53741 Lawrence Road.
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