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Milan 48160
236 North Street
$305,000
● House - Off Market

236 North Street

Milan, MI 48160
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,360 Ft²
$1,771
Est. Monthly
9.61%
Cap Rate

About This Property

Come fall in 'Love' with this vintage Charmer!!!  Located in the heart of Milan, within walking distance to our playful downtown, Wilson Park and neighboring schools. Unique in style with a sense of history and character including her hardwood floors, original doors and trim refurbished to perfection. 3 Bedrooms, 1.5 Baths and a full Basement with over 1350sqft. of relaxed living space. Formal Dining and Living Room with 11ft. ceilings, retro Kitchen with Appliances, built-in Pantry and a 4 Seasons Sunporch sure to bring a smile! A large corner lot with a detached 2 Car Garage off Second St., all fenced-in with flowers beds galore, and an inviting private patio area.  Move-in today, this one is bound to steal your HEART!!!
Unit Size
1,360 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1925

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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 #25001937)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Premium
Sold
Jan 18, 2025 In contract -
In contract
Jan 16, 2025 Listed by Real Estate One $299,900
Listed by Real Estate One
Dec 19, 2024 Temporarily off market -
Temporarily off market
Dec 17, 2024 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 736
  • 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: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,369
  • Building Area: 1,369
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,369
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OF DOYLES ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - 19 19-075-001-00 MI 6-1 N 1/2 OF LOT 1 AND THE N 1/2OF LOT 2 DOYLESSUBDIVISION OF A PART OF LOT NO. 20 OF DOYLES

Neighborhood

  • School District Name: Milan Area Schools
  • School Tax School District: MILAN
  • Census Tract: 421100

Zoning

  • Zoning: R2

Geography

  • District: 19
  • Parcel: 19-19-35-458-005
  • Block: 458
  • Lot: 1-2
  • Meridian: SEC 35 TWN 4S RNG 6E
  • Municipality: MILAN CITY
  • Latitude: 42.087
  • Longitude: -83.6823

    Address

  • Full Address: 236 North St
  • Address - House Number: 236
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MI
  • City Name: Milan
  • Carrier Code: C002
  • 4-Digit Zip Code: 1350
  • Zip Code: 48160

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,994
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 271,944
  • High Value: 321,732
  • Low Value: 222,157

    Market Valuation

  • Market Total Value: $206,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2004
  • Current Sale Recording Date: Aug 13, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5583260
  • Previous Sale Recording Date: Jan 18, 1996
  • Previous Sale Contract Date: Jan 15, 1996
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Milan

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1644 ft²

Average Home Age

47.9 years

Currently For Sale

9 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

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MichRIC

Listed by: Danielle Grostick, Real Estate One
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25001937
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 236 North Street built and last sold?
The property at 236 North Street was built in 1925 and last sold on Aug 9, 2004 for $189,000.
How much is this home worth?
The estimated value of the home located at 236 North Street is $299,841.
What are some comparable homes to 236 North Street?
There are currently no comparable homes to 236 North Street.
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