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Marshall 49068
716 North Drive E
$266,000
● House - Off Market

716 North Drive E

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$1,736
Est. Monthly
4.59%
Cap Rate

About This Property

GORGEOUS PREMIER MARSHALL HOME! This superlative home in a spectacular neighborhood is beautifully maintained with an immaculately maintained yard, and is 100% move-in ready for the next owner. A clean and bright living and dining and kitchen space, a spacious owner's suite, a lower level that is ideal for a lounge, office, entertainment space, and more. Two upgraded full bathrooms on the highest and lower level are conveniently placed, and the lower level has a crawlspace that is perfect for ample storage. The 2 car garage adds to these storage capabilities, and the high-fenced back yard is perfect for private patio space, entertainment and recreation alike, with both a flat and a rolling hill landscape at the back. All of these amenities in a lovely walkable neighborhood--check it out!
Unit Size
1,596 Ft²
Days on Market
83 days
Land Size
0.25 acres
Price per sqft
$169
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1966

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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 #25019841)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Premium
Sold
Jun 25, 2025 In contract -
In contract
Jun 7, 2025 Price Decreased $270,000
↓ $15K (5.3%)
Price Decreased
May 6, 2025 Listed by Real Estate One Rosemary Davis $285,000
Listed by Real Estate One Rosemary Davis
Jun 13, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,977
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 847
  • Total Building Area: 1,499
  • Building Area: 1,499
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,499
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH TERRACE
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, PLAT OF NORTH TERRACE LOT 15

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: WHPA
  • District: 53
  • Parcel: 53-009-715-00
  • Lot: 15
  • Municipality: MARSHALL CITY
  • Latitude: 42.2822
  • Longitude: -84.9506

    Address

  • Full Address: 716 North Dr E
  • Address - House Number: 716
  • Street Segment Direction: E
  • Address - Street Name: North
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: R007
  • 4-Digit Zip Code: 1280
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $441,623

    Appraisal Valuation

  • Standard Deviation: 0.2597
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 63
  • Final Value: 220,996
  • High Value: 278,406
  • Low Value: 163,585

    Market Valuation

  • Market Total Value: $181,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2017
  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 26, 2015
  • Previous Sale Contract Date: Aug 07, 2015
  • Previous Sale Amount: $137,000
  • 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 Marshall

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1675 ft²

Average Home Age

88.4 years

Currently For Sale

36 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: Max Brundage, Real Estate One Rosemary Davis
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25019841
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 716 N Drive East built and last sold?
The property at 716 N Drive East was built in 1966 and last sold on May 31, 2017 for $139,000.
How much is this home worth?
The estimated value of the home located at 716 N Drive East is $0.
What are some comparable homes to 716 N Drive East?
There are currently no comparable homes to 716 N Drive East.
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