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Niles 49120
723 Sycamore Street
$95,000
● House - Off Market

723 Sycamore Street

Niles, MI 49120
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$99,166
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome home to your spacious 2 bedroom home. Conveniently located, this home features a brand NEW ROOF, and NEW FLOORING throughout. Relax and enjoy the screened in porch. Large driveway for off street parking. Many possibilities here, book your showing today!
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$86
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
1939

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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 #23006436)

Price History

Date / Event Date Event Price
Jun 13, 2023 Sold
Premium
Sold
Mar 6, 2023 Listed by Weichert Realtors-Gold Star $99,000
Listed by Weichert Realtors-Gold Star
Sep 2, 2022 Sold
Premium
Sold
Oct 15, 1993 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 416
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,530
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 685
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H B HOFFMANS ADD
  • Land Acres: 0000000104
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S1/2 OF LOT 211 H B HOFFMANS ADD TO NILES

Neighborhood

  • School District Name: Niles Community School District
  • School Tax School District: NILES
  • Census Tract: 020500

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 026-3
  • District: 72
  • Parcel: 72-3050-0211-00-4
  • Lot: 211
  • Municipality: NILES CITY
  • Latitude: 41.831
  • Longitude: -86.2503

    Address

  • Full Address: 723 Sycamore St
  • Legal Unit: 211
  • Address - House Number: 723
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: MI
  • City Name: Niles
  • Carrier Code: C006
  • 4-Digit Zip Code: 2460
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $122,290
  • Initial Tax Delinquent Year: 2014

    Appraisal Valuation

  • Standard Deviation: 0.1016
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 90
  • Final Value: 97,239
  • High Value: 107,127
  • Low Value: 87,351

    Market Valuation

  • Market Total Value: $81,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,800

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 382531
  • Previous Sale Recording Date: Sep 02, 2022
  • Previous Sale Contract Date: Sep 01, 2022
  • Previous Sale Amount: $36,250
  • Previous Sale Document Type: 55
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 Niles

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$137

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1553 ft²

Average Home Age

78.2 years

Currently For Sale

31 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

Currently no nearby rentals
MichRIC

Listed by: Jeffrey A Brown, Weichert Realtors-Gold Star
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23006436
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 723 Sycamore Street built and last sold?
The property at 723 Sycamore Street was built in 1939 and last sold on Jun 13, 2023 for $95,000.
How much is this home worth?
The estimated value of the home located at 723 Sycamore Street is $103,919.
What are some comparable homes to 723 Sycamore Street?
There are currently no comparable homes to 723 Sycamore Street.
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