731 Lans Way
About This Property
Step inside to gorgeous hardwood floors and an open-concept layout that seamlessly blends style and functionality. The gourmet kitchen is a chef's dream, featuring white cabinetry, a large center island, a high-end THERMADOR cooktop, and a butler's pantry that flows into the dining area. The inviting family room, complete with a wood-burning fireplace, is an ideal gathering space.
Door off of the family room opens to a spacious fenced backyard, offering a fantastic setting for outdoor BBQs, relaxing, and furry friends. Upstairs, a bonus/family room with a private balcony overlooks the backyard, creating a flexible space for work or leisure. The fifth bedroom doubles as a home office with convenient attic storage, while three additional spacious bedrooms and an updated main bath provide plenty of room for everyone. At the end of the hall, the primary suite offers a private retreat.
Recent updates include several updated Anderson windows, new carpet in the family and bonus rooms, fresh paint, recessed lighting throughout, a Bluetooth sound system, and a whole-house fan. A full basement with laundry and ample storage adds even more convenience. Major system updates include a new washer (2025), water heater (2021), A/C (2017), furnace (2009), and roof (2009).
The outdoor space is equally impressive, with a pollinator garden and perennials in the front yard, plus a unique Michigan mitten-shaped patio in the backyard. The storage shed/workshop is equipped with 50-amp service, and the 2-car garage also features 50-amp service, perfect for an EV charger or additional workspace.
Nestled just steps from Lansdowne Park and within walking distance to top-rated schools and Michigan Stadium, this home is also minutes from shopping, dining, and downtown Ann Arbor.
Don't miss out on this perfect blend of comfort, convenience, and entertainment-ready living. Schedule your showing today! Home Energy Score of 1. Download report at stream.a2gov.org or see attachment.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017