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South Haven 49090
327 Cherry Street
$399,000
● House - Off Market

327 Cherry Street

South Haven, MI 49090
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,478 Ft²
$2,392
Est. Monthly
3.81%
Cap Rate

About This Property

Discover the charm of coastal living in this beautifully updated 3-bedroom, 2.1-bath cottage nestled in the heart of the vibrant harbor town of South Haven, MI. This adorable open floor plan home boasts a spacious family room with a cozy wood-burning white brick fireplace and 2 bay windows, perfect for gatherings. Enjoy the sun-drenched enclosed front porch, ideal for morning coffee or evening relaxation. The hardwood floors add warmth throughout. The large paver patio invites outdoor entertaining with an additional 24x198 lot perfect for gardening. With downtown just a short walk away and stunning beaches nearby, this home offers the perfect blend of comfort, convenience, and shoreline charm.  Perfect vacation or permanent home. Turnkey sale preferred.
Unit Size
1,478 Ft²
Days on Market
42 days
Land Size
0.25 acres
Price per sqft
$270
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1920

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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: 7 months ago (MichRIC MLS #24042696)

Price History

Date / Event Date Event Price
Sep 26, 2024 Sold
Premium
Sold
Aug 21, 2024 In contract -
In contract
Aug 15, 2024 Listed by @properties Christie's International R.E. $399,000
Listed by @properties Christie's International R.E.
May 22, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • 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: 648
  • Garage Type: 7
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,509
  • Building Area: 1,509
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ABELLS ADDITION
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: B1 11-1-17 561-419 591-35 1155-512 1462-835 * LOT 1. BLOCK 1 ABELLS ADDITION. ALSO S 24 FT OF LOT 42. ASSESSORS PLAT OF

Neighborhood

  • School District Name: South Haven Public Schools
  • School Tax School District: SOUTH HAVEN
  • Census Tract: 010300

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: B1
  • District: 53
  • Parcel: 80-53-401-001-01
  • Block: 1
  • Lot: 1,42
  • Municipality: SOUTH HAVEN CITY
  • Latitude: 42.4024
  • Longitude: -86.2621

    Address

  • Full Address: 327 Cherry St
  • Address - House Number: 327
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MI
  • City Name: South Haven
  • Carrier Code: C003
  • 4-Digit Zip Code: 1507
  • Zip Code: 49090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,871
  • Tax Rate Code Area: 80530

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 219,235
  • High Value: 270,538
  • Low Value: 167,931

    Market Valuation

  • Market Total Value: $295,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,800

    Sales

  • Current Sale Contract Date: May 17, 2006
  • Current Sale Recording Date: May 22, 2006
  • Current Sale Price:
    Premium
  • Current 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 South Haven

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$375

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2110 ft²

Average Home Age

60.3 years

Currently For Sale

40 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: Jennifer Vande Lune, @properties Christie's International R.E.
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 24042696
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 327 Cherry Street built and last sold?
The property at 327 Cherry Street was built in 1920 and last sold on May 17, 2006 for $155,000.
How much is this home worth?
The estimated value of the home located at 327 Cherry Street is $407,690.
What are some comparable homes to 327 Cherry Street?
There are currently no comparable homes to 327 Cherry Street.
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