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Holt 48842
2537 Selma Street
$244,500
● House - Off Market

2537 Selma Street

Holt, MI 48842
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,200 Ft²
$1,709
Est. Monthly
9.28%
Cap Rate
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$204
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #25005421)

Price History

Date / Event Date Event Price
Feb 10, 2025 Sold
Premium
Sold
Jan 3, 2025 Listed by NON-MEMBER REALTOR 'LIST' $244,500
Listed by NON-MEMBER REALTOR 'LIST'
Jul 15, 2023 No longer available -
No longer available
May 13, 2023 Price Decreased $24,900
↓ $4K (14.1%)
Price Decreased
Feb 8, 2023 Price Decreased $29,000
↓ $5K (14.7%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BLOCK F CEDAR HEIGHTS SUBDIVISION
  • Land Acres: 0000000170
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: (DP 273) LOT 20 & N 20 FT OF LOT 19 BLOCK F CEDAR HEIGHTS SUBDIVISION

Neighborhood

  • School District Name: Holt Public Schools
  • School Tax School District: 33070
  • Census Tract: 005306

Zoning

  • Zoning: R-1D

Geography

  • Assessors Map Reference: Dec 19, 2011
  • District: 25-05
  • Parcel: 33-25-05-11-357-012
  • Block: F
  • Lot: 19-20
  • Municipality: DELHI TWP
  • Latitude: 42.6558
  • Longitude: -84.5208

    Address

  • Full Address: 2537 Selma St
  • Legal Unit: 20,19
  • Address - House Number: 2537
  • Address - Street Name: Selma
  • Address - Suffix Type: St
  • State: MI
  • City Name: Holt
  • Carrier Code: R004
  • 4-Digit Zip Code: 9749
  • Zip Code: 48842

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,819
  • Initial Tax Delinquent Year: 2022

    Market Valuation

  • Market Total Value: $20,600
  • Market Land Value: $20,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,300
  • Assessed Land Value: $10,300

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-030118
  • Previous Sale Recording Date: Aug 11, 2005
  • Previous Sale Contract Date: Jul 11, 2005
  • Previous Sale Amount: $26,500
  • 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 Holt

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$160

Below Asking

0.03%

Average Days on Market

68

Average Home Size

1901 ft²

Average Home Age

37.2 years

Currently For Sale

11 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: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25005421
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 2537 Selma Street built and last sold?
The property at 2537 Selma Street was built in and last sold on Jun 2, 2021 for $18,000.
How much is this home worth?
The estimated value of the home located at 2537 Selma Street is $244,683.
What are some comparable homes to 2537 Selma Street?
There are currently no comparable homes to 2537 Selma Street.
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