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Brooklyn 49230
321 N Main Street
$135,500
● House - Off Market

321 N Main Street

Brooklyn, MI 49230
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,502 Ft²
$836
Est. Monthly
27.58%
Cap Rate

About This Property

Nestled in the scenic Village of Brooklyn, this delightful home offers the perfect blend of tranquility and convenience. Close to the heart of town, you'll enjoy easy access to schools, shops, restaurants, entertainment, and the renowned Michigan International Speedway. Don't miss this beautiful opportunity to embrace the village life!
Unit Size
1,502 Ft²
Days on Market
49 days
Land Size
0.24 acres
Price per sqft
$96
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1890

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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: 12 months ago (MichRIC MLS #25023014)

Price History

Date / Event Date Event Price
Oct 22, 2025 Sold
Premium
Sold
Sep 13, 2025 In contract -
In contract
Sep 4, 2025 Relisted $144,900
Relisted
Jul 3, 2025 In contract -
In contract
Jun 21, 2025 Price Decreased $144,900
↓ $10K (6.5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Bedroom Count: 4
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 667
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,502
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT THEREOF SUBDIVISION
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 3 AND 4 EXC THEREFROM THE E 100 FT THEREOF SUBDIVISION OF MILL LOT NO. 160 IN VILLAGE OF BROOKLYN

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: 38040
  • Census Tract: 006306

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS 171A
  • District: 02
  • Parcel: 000-20-19-153-006-00
  • Lot: 3-4
  • Municipality: BROOKLYN VILLAGE
  • Latitude: 42.1109
  • Longitude: -84.2477

    Address

  • Full Address: 321 N Main St
  • Legal Unit: 3
  • Address - House Number: 321
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R008
  • 4-Digit Zip Code: 9398
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $147,638
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 41

    Appraisal Valuation

  • Standard Deviation: 0.4727
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 5
  • Final Value: 76,750
  • High Value: 113,036
  • Low Value: 40,463

    Market Valuation

  • Market Total Value: $64,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,400

    Sales

  • Current Sale Contract Date: Nov 29, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2866265
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 Brooklyn

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1026 ft²

Average Home Age

66.2 years

Currently For Sale

6 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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 12 months ago
Data Source: MichRIC, MLS# 25023014
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 321 North Main Street built and last sold?
The property at 321 North Main Street was built in 1890 and last sold on Nov 29, 2020 for $39,000.
How much is this home worth?
The estimated value of the home located at 321 North Main Street is $0.
What are some comparable homes to 321 North Main Street?
There are currently no comparable homes to 321 North Main Street.
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