$290,000
●
House -
Off Market
303 Oak Drive #3
Marshall, MI 49068
3 Beds
1 Bath,
1
Half Bath
1,400 Ft²
$1,433
Est. Monthly
$8
HOA / Fees
5.55%
Cap Rate
About This Property
Don't miss the opportunity to live in our only remaining single
family home at Emerald Hills in Marshall, adjacent to the Emerald
Hills Golf Course . The Southwood plan features a full basement,
two-car attached garage, three bedrooms, one full bath, and one
half bath. This open floor plan with 9' first-floor ceiling height
allows flexibility in how you design your main living space. The
kitchen features a center island, white 42'' upper cabinetry,
included stainless steel appliances and a built-in pantry. The
entire first floor features easy maintenance vinyl plank flooring
that is waterproof, pet-friendly and quiet! On the second floor,
you'll find the primary bedroom featuring two walk-in closets. This
home is completed and ready for you to move in!
Unit Size
1,400 Ft²
Days on Market
211 days
Land Size
0.24 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
-
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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: 5 months ago (MichRIC MLS #23141609)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Price Decreased |
$295,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Mar 10, 2025 | Price Decreased |
$299,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Feb 14, 2025 | Listed by Michigan Top Producers | $310,000 | |
| Listed by Michigan Top Producers | |||
   | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Center Island
Appliances: Dishwasher, Microwave, Range, Refrigerator
Flooring Type: Carpet, Vinyl
Laundry Features: Gas Dryer Hookup, Laundry Room, Upper Level
Rooms: 9
Basement: Full
Exterior Details
Square Footage: 1400
Architectural Style: Colonial
Year Built: 2021
Builder Name: Norfolk Homes
Building Area Total: 1400
Window Features: Low-Emissivity Windows, Screens
Construction Materials: Vinyl Siding
Patio and Porch Features: Porch(es)
Lot Features: Sidewalk, Golf Community
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10585
Lot Size Dimensions: 100 x 106 x 100 x 105
Water Source: Public
Financial Details
Tax Assessed Value: $102,999
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee: $100
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2025
|
3 Bed
|
1 Bath
|
1400 ft²
|
$310,000
3 Bed
1 Bath
1400 ft²
|
$302,000
-2.58%
05/12/2025
|
Katerina Mikhailova
Michigan Top Producers
| |
|
11/09/2023
|
3 Bed
|
1 Bath
|
1400 ft²
|
$289,999
3 Bed
1 Bath
1400 ft²
|
$290,000
+0.00%
06/07/2024
|
Lisa Bartleman
Norfolk Realty Limited
| |
|
11/24/2022
| |
3 Bed
|
1.5 Bath
|
1403 ft²
|
$289,900
3 Bed
1.5 Bath
1403 ft²
|
-
-
|
Lisa Linton
Norfolk Realty Limited
|
|
11/17/2021
| |
3 Bed
|
2 Bath
|
1403 ft²
|
$258,230
3 Bed
2 Bath
1403 ft²
|
-
-
|
Lisa Linton
Norfolk Realty Limited
|
Building Info
About Marshall
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Listed by: Lisa C Bartleman, Norfolk Realty Limited
Last Updated: 5 months ago
Data Source: MichRIC, MLS# 23141609
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.
Last Updated: 5 months ago
Data Source: MichRIC, MLS# 23141609
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