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Ypsilanti 48198
306 Maple Street
$275,000
● House - Off Market

306 Maple Street

Ypsilanti, MI 48198
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,715 Ft²
$286,110
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

HIGHEST AND BEST DUE BY SUNDAY, 8/1, AT NOON ~~~ Stunning Depot Town Home that is wonderfully updated and move in ready! Just 2 blocks to Depot Town this lovely home showcases hardwood floors throughout, 4 bedrooms (3 upstairs (all with walk in closets) 1 on the 1st floor/non-conforming no closet), updated kitchen and bathroom, generous living room. The lower level is a walk-out and is partially finished, with laundry and storage. Amazing outdoor space with a welcoming, covered front porch, mature landscaping, a stone patio, large fenced in backyard that is an absolute haven. Updates include; 2021 gutters; 2017 kitchen, bathroom, interior paint; 2010 roof, furnace, central AC, hot water tank, electrical; newer windows. A really special home and ready for you!, Rec Room: Finished
Unit Size
1,715 Ft²
Days on Market
39 days
Land Size
0.16 acres
Price per sqft
$146
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1924

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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 #23088992)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Sep 28, 2021 Sold
Premium
Sold
Jul 23, 2021 Listed by Real Estate One $250,000
Listed by Real Estate One
Apr 13, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 750
  • Garage Type: 7
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,515
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: M NORRIS' ADD
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - 11 11-360-445-00 YP CITY 21E-22 E 55 FT OF LOT 445 M. NORRIS'ADDITION.

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: YPSILANTI
  • Census Tract: 410900

Zoning

  • Zoning: CN-SF

Geography

  • Assessors Map Reference: MAP K-2 4-4 (B)
  • District: 11
  • Parcel: 11-11-04-495-001
  • Block: 495
  • Lot: 445
  • Meridian: SEC 04 TWN 3S RNG 7E
  • Municipality: YPSILANTI CITY
  • Latitude: 42.2467
  • Longitude: -83.606

    Address

  • Full Address: 306 Maple St
  • Address - House Number: 306
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C048
  • 4-Digit Zip Code: 3047
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $603,143
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 266,028
  • High Value: 318,491
  • Low Value: 213,564

    Market Valuation

  • Market Total Value: $212,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,200

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6687673
  • Previous Sale Recording Date: Sep 28, 2021
  • Previous Sale Contract Date: Aug 31, 2021
  • Previous Sale Amount: $275,000
  • 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 Ypsilanti

Stats & Trends

Median Asking:

$299,450

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

55

Average Home Size

732 ft²

Average Home Age

115.5 years

Currently For Sale

51 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: Cynthia Glahn, Real Estate One
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23088992
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 306 Maple Street built and last sold?
The property at 306 Maple Street was built in 1924 and last sold on May 10, 2023 for $305,500.
How much is this home worth?
The estimated value of the home located at 306 Maple Street is $0.
What are some comparable homes to 306 Maple Street?
There are currently no comparable homes to 306 Maple Street.
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