For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Portage 49002
806 Ludgate Lane
$275,000
● House - Off Market

806 Ludgate Lane

Portage, MI 49002
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,966 Ft²
$1,560
Est. Monthly
10.61%
Cap Rate

About This Property

Light-Filled Tri-Level updated with new flooring and fresh paint, this 3BR, 2.5BA home features a large living room, and recreation room, and an extra-deep garage with a heat vent. (See the attached list of updates.)  Kitchen with easy access through the slider to the deck to enjoy your morning coffee or evening unwind, overlooking a private wooded backdrop- your peaceful escape. The spacious living room is perfect for gatherings, plus a separate recreation room for added flexibility-ideal for a playroom, home office, or media lounge. Upstairs, the primary bedroom offers two closets and a half bath.  Bsmt offers an office, a finished under-stairs area, for storage or play area.  Generous driveway and extra deep perfect for a play space or parking for family and friends
Unit Size
1,966 Ft²
Days on Market
27 days
Land Size
0.26 acres
Price per sqft
$135
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1990

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MichRIC MLS #25020032)

Price History

Date / Event Date Event Price
Jun 3, 2025 Sold
Premium
Sold
May 12, 2025 In contract -
In contract
May 6, 2025 Listed by Berkshire Hathaway HomeServices MI $264,500
Listed by Berkshire Hathaway HomeServices MI

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,248
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD HOMESITES
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LAKEWOOD HOMESITES LOT 244 & BEG AT NE COR OF LOT 243 TH SELY ALG E LI SD LOT 40 FT, TH WLY TO NW COR SD LOT, TH NE'LY ALG

Neighborhood

  • School District Name: Portage Public Schools
  • School Tax School District: PORTAGE
  • Census Tract: 001905

Zoning

  • Zoning: R-1A

Geography

  • District: 10
  • Parcel: 10-04200-244-B
  • Lot: 244-245
  • Municipality: PORTAGE CITY
  • Latitude: 42.2042
  • Longitude: -85.5807

    Address

  • Full Address: 806 Ludgate Ln
  • Address - House Number: 806
  • Address - Street Name: Ludgate
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Portage
  • Carrier Code: C009
  • 4-Digit Zip Code: 4352
  • Zip Code: 49002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $263,100

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 237,380
  • High Value: 285,772
  • Low Value: 188,988

    Market Valuation

  • Market Total Value: $164,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,000

    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 Portage

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2089 ft²

Average Home Age

44.7 years

Currently For Sale

126 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mary Sutton, Berkshire Hathaway HomeServices MI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25020032
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 806 Ludgate Lane built and last sold?
The property at 806 Ludgate Lane was built in 1990 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 806 Ludgate Lane is $271,049.
What are some comparable homes to 806 Ludgate Lane?
There are currently no comparable homes to 806 Ludgate Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Portage Homes for Sale
Portage Houses for Sale
Portage Condos for Sale
Portage Multifamily for Sale
Portage Land for Sale
Portage Commercial for Sale
Portage Homes with Basements
Portage Homes with Pools
Nearby Cities
Kalamazoo Homes for Sale
Westwood Homes for Sale
Eastwood Homes for Sale
Vicksburg Homes for Sale
Comstock Northwest Homes for Sale
Parchment Homes for Sale
Schoolcraft Homes for Sale
Galesburg Homes for Sale
Nearby Property Records
Kalamazoo County, MI Property Records
St. Joseph County, MI Property Records
Van Buren County, MI Property Records
Barry County, MI Property Records
Cass County, MI Property Records
Calhoun County, MI Property Records
Branch County, MI Property Records
LaGrange County, IN Property Records
Neighborhoods
Westwood Real Estate
Millwood Real Estate
Edison Real Estate
Eastwood Real Estate
South Westnedge Real Estate
Westnedge Hill Real Estate
Oakland-Winchell Real Estate
Burke Acres Real Estate
Nearby Counties
Kalamazoo Homes for Sale
Kalamazoo Homes for Sale
Texas Homes for Sale
Oshtemo Homes for Sale
Comstock Homes for Sale
Schoolcraft Homes for Sale
Pavilion Homes for Sale
Brady Homes for Sale
Top Real Estate Agents
Top Agents in Portage
Top Agents in Kalamazoo
Top Agents in Kalamazoo
Top Agents in 49009
Top Agents in 49024
Top Agents in Kalamazoo
Top Agents in 49001
Top Agents in 49048