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Brooklyn 49230
127 MONROE ST
$94,000
● House - Off Market

127 MONROE ST

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,481 Ft²
$168,308
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

You must see this adorable bungalow in the Village of Brooklyn, located within walking distance of schools and shops!  Beautiful hardwood floors and original woodwork capture your attention the moment you walk in.  Bedrooms have been updated and closets enlarged.  Electrical was all upgraded in 2006, and new roof in 2014.
Unit Size
1,481 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$67
Property Type
House
Property Taxes
$84
HOA Dues
-
Year Built
1925

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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 #21058442)

Price History

Date / Event Date Event Price
Nov 16, 2016 Sold
Premium
Sold
Aug 10, 2016 Listed by ERA REARDON REALTY, L.L.C. $99,900
Listed by ERA REARDON REALTY, L.L.C.
Sep 8, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 576
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,159
  • Building Area: 1,159
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,159
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL OF VILLAGE OF BROOKLY
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 100 FT OF LOT 168 EXC N 62 FT OF W 12 FT THEREOF AND NLY 52 FT OF THE WLY 22 FT OF LOT 169 ORIGINAL PLAT OF VILLAGE OF

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: 38040
  • Census Tract: 006306

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: MAPS 173E
  • District: 02
  • Parcel: 000-20-19-352-010-01
  • Lot: 168-169
  • Municipality: BROOKLYN VILLAGE
  • Latitude: 42.1055
  • Longitude: -84.247

    Address

  • Full Address: 127 Monroe St
  • Address - House Number: 127
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R007
  • 4-Digit Zip Code: 8509
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $132,155
  • Tax Rate Code Area: 41

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 172,168
  • High Value: 207,809
  • Low Value: 136,528

    Market Valuation

  • Market Total Value: $117,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 11, 2016
  • Current Sale Recording Date: Nov 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2754122
  • Previous Sale Recording Date: Sep 08, 2003
  • Previous Sale Contract Date: Aug 26, 2003
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 40
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 Brooklyn

Stats & Trends

Median Asking:

$268,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

78

Average Home Size

761 ft²

Average Home Age

59.2 years

Currently For Sale

5 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

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MichRIC

Listed by: Alicia Dickens, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21058442
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 127 Monroe Street built and last sold?
The property at 127 Monroe Street was built in 1925 and last sold on Nov 11, 2016 for $94,000.
How much is this home worth?
The estimated value of the home located at 127 Monroe Street is $100,634.
What are some comparable homes to 127 Monroe Street?
There are currently no comparable homes to 127 Monroe Street.
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