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Eaton Rapids 48827
726 Lansing Street
$145,000
● House - Off Market

726 Lansing Street

Eaton Rapids, MI 48827
bedrooms
3 Beds
bathrooms
1 Bath
square feet
992 Ft²
$157,563
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Country in the City! Adorable 3 bedroom 1 bath home with full basement, nestled on nearly an acre in a comfortable neighborhood close to the city of Eaton Rapids. Cute floorplan. Spacious foyer. Breakfast nook opens to the spacious white kitchen with lots of storage. Living room has a slider leading to the side deck. Shed out back for extra storage. Fire pit  down the small hill to enjoy the back yard. Recent updates include  painting throughout, clean carpets, new landscaping & gravel for driveway. Nearby you can enjoy city shopping, a city park, and an elementary school. Short drive to Lansing and near enough to Meijers that Shipt will deliver! Seller is a licensed real estate agent in the state of Michigan.
Unit Size
992 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$141
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1880

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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: 3 years ago (MichRIC MLS #21105323)

Price History

Date / Event Date Event Price
Oct 26, 2021 Sold
Premium
Sold
Sep 10, 2021 Listed by ERA REARDON REALTY, L.L.C. $140,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 992
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Lot Size Depth Feet: 4,440
  • Lot Size Frontage Feet: 700
  • Total Building Area: 992
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEISENRINGS ADD
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 4 RODS 4 FT OF LOT 12 BLOCK 3 LEISENRINGS ADD CITY OF EATON RAPIDS

Neighborhood

  • School District Name: Eaton Rapids Public Schools
  • School Tax School District: 23050
  • Census Tract: 021301

Zoning

  • Zoning: TRD

Geography

  • District: 300
  • Parcel: 300 062 603 130 00
  • Block: 3
  • Lot: 12
  • Municipality: EATON RAPIDS CITY
  • Latitude: 42.5185
  • Longitude: -84.659

    Address

  • Full Address: 726 Lansing St
  • Address - House Number: 726
  • Address - Street Name: Lansing
  • Address - Suffix Type: St
  • State: MI
  • City Name: Eaton Rapids
  • Carrier Code: C004
  • 4-Digit Zip Code: 1032
  • Zip Code: 48827

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $149,257
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2631
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 167,551
  • High Value: 211,635
  • Low Value: 123,466

    Market Valuation

  • Market Total Value: $109,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
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 Eaton Rapids

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$131

Below Asking

0.03%

Average Days on Market

40

Average Home Size

1889 ft²

Average Home Age

63.3 years

Currently For Sale

3 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: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21105323
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 726 Lansing Street built and last sold?
The property at 726 Lansing Street was built in 1880 and last sold on Oct 22, 2021 for $145,000.
How much is this home worth?
The estimated value of the home located at 726 Lansing Street is $0.
What are some comparable homes to 726 Lansing Street?
There are currently no comparable homes to 726 Lansing Street.
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