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Brooklyn 49230
438 Marshall Street
$272,750
● House - Off Market

438 Marshall Street

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,451 Ft²
$1,473
Est. Monthly
9.48%
Cap Rate

About This Property

Fall in love with this beautifully renovated home in the heart of Brooklyn! The open-concept main floor features luxury plank flooring, a cozy wood-burning German smear fireplace, stunning chef's kitchen, quartz countertops, 36'' electric stove, vent hood, soft-close drawers, tile backsplash & custom island perfect for entertaining, offer style & function. 2 updated fullbaths. Upstairs: original hardwood floors, 3 spacious bedrooms & a charming laundry chute. Lower level: gas stove, laundry room w/ utility sink, rec space & walkout. Outside: fenced yard, patio, fire pit, smoker pad, swing set, updated low-maintenance flowerbeds & gardening area, & lush landscaping. New 200amp electric, attic fan & furnace motor. Enjoy a short walk to parks, dining & downtown!
Unit Size
1,451 Ft²
Days on Market
20 days
Land Size
0.27 acres
Price per sqft
$189
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1960

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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: 2 years ago (MichRIC MLS #25038352)

Price History

Date / Event Date Event Price
Aug 20, 2025 Sold
Premium
Sold
Aug 14, 2025 In contract -
In contract
Jul 31, 2025 Listed by C-21 Affiliated - Jackson $274,900
Listed by C-21 Affiliated - Jackson

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,543
  • Lot Size Depth Feet: 1,450
  • Total Building Area: 1,784
  • Building Area: 1,784
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: R BOYCE SUBDIVISION
  • Land Acres: 0000000265
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 4 R. BOYCE SUBDIVISION VILLAGE OF BROOKLYN

Neighborhood

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

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 87D
  • District: 02
  • Parcel: 000-19-24-402-004-00
  • Lot: 4
  • Municipality: BROOKLYN VILLAGE
  • Latitude: 42.1081
  • Longitude: -84.2565

    Address

  • Full Address: 438 Marshall St
  • Legal Unit: 4
  • Address - House Number: 438
  • Address - Street Name: Marshall
  • Address - Suffix Type: St
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R001
  • 4-Digit Zip Code: 9701
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $146,515
  • Tax Rate Code Area: 41

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 220,247
  • High Value: 262,158
  • Low Value: 178,337

    Market Valuation

  • Market Total Value: $164,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,300

    Exemptions

  • Homeowner Exemption: Yes
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:

$268,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

78

Average Home Size

761 ft²

Average Home Age

59.2 years

Currently For Sale

5 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: ERIC ROPP, C-21 Affiliated - Jackson
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25038352
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 438 Marshall Street built and last sold?
The property at 438 Marshall Street was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 438 Marshall Street is $277,649.
What are some comparable homes to 438 Marshall Street?
There are currently no comparable homes to 438 Marshall Street.
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