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Berrien Springs 49103
412 W Broadway
$100,000
● House - Off Market

412 W Broadway

Berrien Springs, MI 49103
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,254 Ft²
$133,697
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Great value in Berrien Springs.  This generously sized 4 bedroom 2 full bath home is close to downtown and right next to the public School campus!  Convenient to shopping, Andrews campus and all the village amenities. This home has provided a great income to the owner for many years but they are retiring from the rental business.  This home could continue to provide income or become a fantastic family home.
Unit Size
1,254 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$96
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1915

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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: 3 years ago (MichRIC MLS #21026239)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Jul 6, 2021 Listed by McLauchlin Realty, Inc. $119,900
Listed by McLauchlin Realty, Inc.
Jul 20, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 125
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 588
  • 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: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 868
  • Building Area: 868
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 868
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOONS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 9 BOONS ADD TO VILLAGE OF BERRIEN SPRINGS

Neighborhood

  • School District Name: Berrien Springs Public Schools
  • School Tax School District: BERRIEN SPRINGS
  • Census Tract: 021400

Zoning

  • Zoning: R-1 B/C

Geography

  • Assessors Map Reference: 013-3
  • District: 32
  • Parcel: 32-0900-0009-00-1
  • Lot: 9
  • Municipality: ORONOKO TWP
  • Latitude: 41.9482
  • Longitude: -86.3444

    Address

  • Full Address: 412 W Broadway
  • Legal Unit: 9
  • Address - House Number: 412
  • Street Direction: W
  • Address - Street Name: Broadway
  • State: MI
  • City Name: Berrien Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 1089
  • Zip Code: 49103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $138,973

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 113,639
  • High Value: 125,073
  • Low Value: 102,204

    Market Valuation

  • Market Total Value: $92,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 27, 2003
  • Previous Sale Contract Date: Jul 23, 2003
  • 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 Berrien Springs

Stats & Trends

Median Asking:

$282,500

Sale Price/ft²

$172

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1249 ft²

Average Home Age

89.9 years

Currently For Sale

7 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: Scott McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21026239
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 412 West Broadway built and last sold?
The property at 412 West Broadway was built in 1915 and last sold on Nov 24, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 412 West Broadway is $0.
What are some comparable homes to 412 West Broadway?
There are currently no comparable homes to 412 West Broadway.
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