For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marshall 49068
1046 Lowe Drive
$203,500
● House - Off Market

1046 Lowe Drive

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,460 Ft²
$1,246
Est. Monthly
6.86%
Cap Rate

About This Property

https://site.windowstill.com/1046-Lowe-Dr Call Matt, for further information. Welcome home! This charming single-level residence features 3 bedrooms and a well-appointed bathroom, perfect for comfortable living. The spacious living room invites relaxation, and the basement offers extra storage or potential for customization. Enjoy the convenience of an attached two-car garage and a back porch overlooking your private backyard, complete with a large storage shed. Updates include:  New Carpet, newer bathroom, replacement windows and newer appliances.  Located close to Emerald Hills Golf Course & Tavern, home is designed for easy accessibility, making it a great fit for all. Come see how this welcoming space can be your perfect retreat!
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$144
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1962

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: 3 years ago (MichRIC MLS #24050399)

Price History

Date / Event Date Event Price
Oct 28, 2024 Sold
Premium
Sold
Sep 17, 2024 Listed by Real Estate One Rosemary Davis $209,900
Listed by Real Estate One Rosemary Davis
Nov 16, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 960
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 736
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAR VIEW #2
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, MAR-VIEW # 2 LOT 77

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 004000

Zoning

  • Zoning: R-2

Geography

  • District: 53
  • Parcel: 53-008-677-00
  • Lot: 77
  • Municipality: MARSHALL CITY
  • Latitude: 42.2583
  • Longitude: -84.9599

    Address

  • Full Address: 1046 Lowe Dr
  • Address - House Number: 1046
  • Address - Street Name: Lowe
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: C005
  • 4-Digit Zip Code: 1948
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $246,369

    Appraisal Valuation

  • Standard Deviation: 0.2758
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 60
  • Final Value: 173,949
  • High Value: 221,929
  • Low Value: 125,969

    Market Valuation

  • Market Total Value: $132,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 1993
  • Current Sale Recording Date: Nov 16, 1993
  • 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 Marshall

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$160

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1659 ft²

Average Home Age

89.2 years

Currently For Sale

37 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: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24050399
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 1046 Lowe Drive built and last sold?
The property at 1046 Lowe Drive was built in 1962 and last sold on Nov 16, 1993 for $70,000.
How much is this home worth?
The estimated value of the home located at 1046 Lowe Drive is $213,205.
What are some comparable homes to 1046 Lowe Drive?
There are currently no comparable homes to 1046 Lowe Drive.
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
Marshall Homes for Sale
Marshall Houses for Sale
Marshall Condos for Sale
Marshall Multifamily for Sale
Marshall Land for Sale
Marshall Commercial for Sale
Marshall Homes with Basements
Marshall Homes with Pools
Nearby Property Records
Calhoun County, MI Property Records
Eaton County, MI Property Records
Branch County, MI Property Records
Barry County, MI Property Records
Kalamazoo County, MI Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
St. Joseph County, MI Property Records
Nearby Counties
Marengo Homes for Sale
Eckford Homes for Sale
Fredonia Homes for Sale
Top Real Estate Agents
Top Agents in Marshall
Top Agents in 49068
Top Agents in Marengo
Top Agents in Eckford
Top Agents in Fredonia