58 DICKENS #0
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Cap Rate Calculator
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.
Property Highlights
Building Info
Overview
- Year Built: 2006
- Effective Year Built: 2006
- Building Count: 1
- Bedroom Count: 3
- Bathroom Count: 4
- Full Bathrooms: 3
- Partial Bathrooms: 4
- Building Condition: 0
- Building Quality: 7
- Construction Type: 0
- Building Style: 29
- Exterior Walls Type: 0
- Interior Walls Type: 0
- Roof Shape Type: 0
- Roof Cover Type: 0
- Floor Count: 100
- Floor Cover: 0
- Basement Type: 9
- Basement Area: 1,844
- Garage Type: 7
- Garage Square Area: 822
- Parking Space Count: 3
- Patio Type: 0
- Porch Type: 0
- Pool Type: 0
General
- Lot Size Square Feet: 30,928
- Lot Size Depth Feet: 4,832
- Lot Size Frontage Feet: 640
- Total Building Area: 1,907
- Building Area: 1,907
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 13
- Heating: 4
- Heated Square Feet: 1,907
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: FAIRFIELDS OF SPRING ARBOR SIT
- Land Acres: 0000000710
- Standard Land Use Code: 1004
- County Land Use Code: 401
- Legal Description 1: UNIT 58 OF FAIRFIELDS OF SPRING ARBOR SITE CONDOMINIUMS SPLIT ON 08/05/04 FROM 000-12-17-476-001-17.
Neighborhood
- School District Name: Western School District
- School Tax School District: 38010
- Census Tract: 006401
Zoning
- Zoning: RS-1
Geography
- Assessors Map Reference: MAPS
- District: 15
- Parcel: 099-12-17-478-058-00
- Municipality: SPRING ARBOR TWP
- Latitude: 42.2079
- Longitude: -84.5672
- Full Address: 58 Dickens St
- Legal Unit: 58
- Address - House Number: 58
- Address - Street Name: Dickens
- Address - Suffix Type: St
- State: MI
- City Name: Spring Arbor
- Carrier Code: R083
- 4-Digit Zip Code: 8701
- Zip Code: 49283
Address
Valuation
- Tax Year: 2023
- Tax Amount: $366,912
- Tax Rate Code Area: 15
Tax
- Standard Deviation: 0.1984
- Valuation Date: Nov 15, 2023
- Confidence Score: 73
- Final Value: 454,838
- High Value: 545,086
- Low Value: 364,590
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
- First Open Lien Mortgage Lender:
- First Open Lien Mortgage Recording Date:
- First Open Lien Mortgage Loan Amount:
- First Open Lien Mortgage Term:
- First Open Lien Mortgage Position:
- First Open Lien Mortgage Loan Type:
- First Open Lien Mortgage Loan Due Date:
Open Liens
- Market Total Value: $396,600
Market Valuation
- Assessed Year: 2023
- Assessed Total Value: $198,300
Assessments Valuation
- Homeowner Exemption: Yes
Exemptions
- Current Sale Contract Date: May 14, 2018
- Current Sale Recording Date: May 17, 2018
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 2796738
- Previous Sale Recording Date: Feb 03, 2006
- Previous Sale Contract Date: Jan 27, 2006
- Previous Sale Amount: $42,000
- Previous Sale Document Type: 71
Sales
58 DICKENS #0, Spring Arbor, MI, 49283
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About Spring Arbor
Stats & Trends
Median Asking:
$299,900Sale Price/ft²
$155Below Asking
0.01%Average Days on Market
46Average Home Size
1378 ft²Average Home Age
53.3 yearsCurrently For Sale
3 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21054233
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017