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Berrien 49107
16057 Brookside Drive
$225,000
● House - Off Market

16057 Brookside Drive

Buchanan, MI 49107
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,977 Ft²
$1,249
Est. Monthly
6.68%
Cap Rate

About This Property

Back on the market due to no fault of the seller.  Step into your next oasis.  Home lies along Crescent Creek and just outside of the city limits.  Spacious and ready for new owners.  Home boasts a formal dining room and large living room.  Atop a full, partially finished basement with plenty of storage and an insulated garage for all your goodies.  This home has been meticulously taken care of and is inviting.  Through the front door you will walk into a large living space that's inviting you to stay awhile.  Sit out on the large deck out back overlooking the creek and enjoy your morning coffee.
Unit Size
2,977 Ft²
Days on Market
47 days
Land Size
0.58 acres
Price per sqft
$77
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1964

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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: 8 months ago (MichRIC MLS #23136341)

Price History

Date / Event Date Event Price
Dec 21, 2023 Sold
Premium
Sold
Sep 28, 2023 Listed by Century 21 Affiliated $230,000
Listed by Century 21 Affiliated
Jul 9, 2020 Sold
Premium
Sold
May 20, 2020 Listed by Century 21 Affiliated $156,800
Listed by Century 21 Affiliated
Jan 7, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,469
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,134
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 1,469
  • Building Area: 1,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,469
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER SHORES
  • Land Acres: 0000000577
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 34 RIVER SHORES

Neighborhood

  • School District Name: Buchanan Community School District
  • School Tax School District: BUCHANAN
  • Census Tract: 020200

Zoning

  • Zoning: R-RA

Geography

  • Assessors Map Reference: 025-3
  • District: 06
  • Parcel: 06-6770-0034-00-3
  • Lot: 34
  • Municipality: BUCHANAN TWP
  • Latitude: 41.8281
  • Longitude: -86.3453

    Address

  • Full Address: 16057 Brookside Dr
  • Legal Unit: 34
  • Address - House Number: 16057
  • Address - Street Name: Brookside
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Buchanan
  • Carrier Code: R043
  • 4-Digit Zip Code: 9418
  • Zip Code: 49107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $142,778

    Appraisal Valuation

  • Standard Deviation: 0.1019
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 90
  • Final Value: 225,712
  • High Value: 248,721
  • Low Value: 202,703

    Market Valuation

  • Market Total Value: $178,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 395053
  • Previous Sale Recording Date: Jul 09, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $157,800
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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: Katherine Lampert, Century 21 Affiliated
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 23136341
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 16057 Brookside Drive built and last sold?
The property at 16057 Brookside Drive was built in 1964 and last sold on Dec 21, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 16057 Brookside Drive is $250,210.
What are some comparable homes to 16057 Brookside Drive?
There are currently no comparable homes to 16057 Brookside Drive.
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