$70,785
●
House -
Off Market
6264 BEECHFIELD #97
Lansing, MI 48911
2 Beds
2 Baths,
1
Half Bath
1,463 Ft²
$85,411
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Lovely two-story brick condominium features spacious rooms and lots
of natural light. With two bedrooms a full bath upstairs and a half
bath on the main floor. A formal Dining room off of kitchen
with a doorway that opens up to the patio. Appliances include
Fridge, stove, dishwasher & garbage disposal. Partially finished
basement extends living space with mechanical room with washer and
dryer. The $220 per month association fee includes a clubhouse with
a community pool, lawncare and snow removal removal for the
property as well as trash removal and water and sewer for the home.
Home is tenant occupied until 07/31/2021.
Unit Size
1,463 Ft²
Days on Market
-
Land Size
-
Price per sqft
$51
Property Type
House
Property Taxes
$161
HOA Dues
$220
Year Built
1972
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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 #21095923)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by NCDG REALTY & PROPERTY MANAGE | $73,900 | |
| Listed by NCDG REALTY & PROPERTY MANAGE | |||
Property Highlights
Parking Details
Parking Features: Paved
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Appliances: Washer, Built in Oven, Refrigerator
Rooms: 6
Partial
Exterior Details
Year Built: 1972
Parcel Number: 33-01-05-10-205-097
Zoning Description: Residential
Construction Materials: Brick
Stories: 2
Sidewalk
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $25,276
Tax Year: 2021
Tax Annual Amount: $1,931
Utilities Details
Heating Type: Forced Air, Natural Gas, Other
Sewer Information: Public Sewer
Water Information: Public
Location Details
Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care
Association Amenities: Club House, Pool
Association Fee: $220
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2021
| |
2 Bed
|
2 Bath
|
988 ft²
|
$73,900
2 Bed
2 Bath
988 ft²
|
-
-
|
-
|
|
05/12/2021
|
2 Bed
|
2 Bath
|
1463 ft²
|
$73,900
2 Bed
2 Bath
1463 ft²
|
$70,785
-4.22%
07/30/2021
|
Pouria Namazi
NCDG REALTY & PROPERTY MANAGE
|
Building Info
About Southside
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Listed by: JOHN W COLLIS, NCDG REALTY & PROPERTY MANAGE
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095923
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.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095923
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