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Kalamazoo 49001 Edison
914 Lane Boulevard
$150,000
● House - Off Market

914 Lane Boulevard

Kalamazoo, MI 49001
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,094 Ft²
$885
Est. Monthly
10.38%
Cap Rate

About This Property

Move-in ready and beautifully updated, this 3-bedroom, 1-bath home offers a perfect blend of modern updates and original character. Recent improvements include new laminate flooring, fresh walls, a fully remodeled kitchen, and updated plumbing, electrical, furnace, and water heater. The large living room features a gorgeous original fireplace, creating a cozy and inviting space, while the dining area is ideal for gathering. Conveniently located near downtown Kalamazoo, this home is ready for its new owner!
Unit Size
1,094 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$137
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1911

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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: 2 years ago (MichRIC MLS #25003458)

Price History

Date / Event Date Event Price
Feb 27, 2025 Sold
Premium
Sold
Jan 30, 2025 Listed by O'Brien Real Estate $150,000
Listed by O'Brien Real Estate
Oct 18, 2021 Sold
Premium
Sold
Jul 23, 2021 Listed by O'Brien Real Estate $104,900
Listed by O'Brien Real Estate
Oct 10, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 616
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK ADD
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 40832 SOUTH PARK ADDITION LOT 24 BLK 11.

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 001001

Zoning

  • Zoning: RD-19

Geography

  • District: 0
  • Parcel: 06-26-111-124
  • Block: 11
  • Lot: 24
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.2721
  • Longitude: -85.5684

    Address

  • Full Address: 914 Lane Blvd
  • Address - House Number: 914
  • Address - Street Name: Lane
  • Address - Suffix Type: Blvd
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C082
  • 4-Digit Zip Code: 3889
  • Zip Code: 49001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $94,623

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 123,223
  • High Value: 151,484
  • Low Value: 94,962

    Market Valuation

  • Market Total Value: $73,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-041507
  • Previous Sale Recording Date: Oct 10, 2018
  • Previous Sale Contract Date: Sep 21, 2018
  • Previous Sale Amount: $63,000
  • Previous 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 Edison

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1096 ft²

Average Home Age

116 years

Currently For Sale

21 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

Unit for rent at 915 Walwood Place, Kalamazoo, MI, 49007

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,720 ft²
915 Walwood Place, Kalamazoo, MI, 49007 Listing by Marissa Harrington
Unit for rent at 2136 Miller Road, Kalamazoo, MI, 49001

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 890 ft²
2136 Miller Road, Kalamazoo, MI, 49001 Listing by Lindsay Flyn Flynn

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Katharine N Cain, O'Brien Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25003458
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 914 Lane Boulevard built and last sold?
The property at 914 Lane Boulevard was built in 1911 and last sold on Sep 23, 2021 for $115,100.
How much is this home worth?
The estimated value of the home located at 914 Lane Boulevard is $144,603.
What are some comparable homes to 914 Lane Boulevard?
There are currently no comparable homes to 914 Lane Boulevard.
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