For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marshall 49068
227 Oak Street
$357,961
● House - Off Market

227 Oak Street

Marshall, MI 49068
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,293 Ft²
$359,670
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

New construction home - The Norwood, located next to Alwyn Downs Golf Course. This new home has an open floor plan, 9' ceilings and a cozy fireplace in the living room. The kitchen has a large island with breakfast bar, upgraded kitchen cabinets, granite counters and tiled backsplash. Master bath has a tiled shower, gray cabinets and granite counters. The main bath has a tub with tiled walls, gray cabinets and granite counters. The laundry is conveniently located on the bedroom level. Vinyl plank flooring throughout the first floor, along with the primary bedroom and one of the secondary bedrooms, perfect for a home office. The basement is partially finished with a second family room and is rough plumbed for a future bath. *Taxes are estimated*
Unit Size
2,293 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$156
Property Type
House
Property Taxes
$787
HOA Dues
$8
Year Built
-

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 #21118038)

Price History

Date / Event Date Event Price
May 26, 2022 Sold
Premium
Sold
Dec 11, 2021 Listed by Norfolk Realty Limited $356,891
Listed by Norfolk Realty Limited

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • 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: 868
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,367
  • Lot Size Depth Feet: 1,039
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,746
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, PART OF SEC 36 T2S R6W MAR VIEW & MAR VIEW #2,LOT 87SPLIT/COMBINED ON 06/02/2021 FROM 53-002-720-00

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 5
  • District: 53
  • Parcel: 53-008-687-00
  • Lot: 87S
  • Meridian: SEC 36 TWN 02S RNG 06W
  • Municipality: MARSHALL CITY
  • Latitude: 42.2578
  • Longitude: -84.9609

    Address

  • Full Address: 227 Oak Dr
  • Address - House Number: 227
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: C005
  • 4-Digit Zip Code: 1984
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $198,604

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 128,350
  • High Value: 188,299
  • Low Value: 68,400

    Market Valuation

  • Market Total Value: $266,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,000

    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 Marshall

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1675 ft²

Average Home Age

88.4 years

Currently For Sale

36 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: Lisa R Taylor, Norfolk Realty Limited
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21118038
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 227 Oak Drive built and last sold?
The property at 227 Oak Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 227 Oak Drive is $360,993.
What are some comparable homes to 227 Oak Drive?
There are currently no comparable homes to 227 Oak 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