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Livingston 48114
8912 Margo Drive
$475,000
● House - Off Market

8912 Margo Drive

Brighton, MI 48114
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,914 Ft²
$2,545
Est. Monthly
$4
HOA / Fees
9.24%
Cap Rate

About This Property

Nestled in amongst mature trees in a private, quiet setting, this 4-bedroom contemporary with open floor plan is a must see! Plenty of room for entertaining in the spacious step-down, vaulted great room with oversized windows showcasing wooded views. Or spend time w/ family & friends in the beautifully remodeled kitchen boasting a center island w/ breakfast bar, ss appliances, new cabinets and tile backsplash. A cozy fireplace greets you in the casual family room which also walks out to the expansive tiered deck - ideal for taking in nature's sights and sounds. Updated primary suite upstairs w/ skylight, vaulted ceiling and new bath. Finished basement w/ rec room and lots of storage. Lower Twp taxes. Brighton Schools. Close to shopping, dining and expressway for easy commuting.
Unit Size
2,914 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$154
Property Type
House
Property Taxes
$331
HOA Dues
$4
Year Built
1977

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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 #24017158)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
Apr 11, 2024 Listed by The Charles Reinhart Company $450,000
Listed by The Charles Reinhart Company
Aug 30, 2017 Sold
Premium
Sold
Jul 29, 2017 Listed by The Charles Reinhart Company $299,000
Listed by The Charles Reinhart Company
Jul 13, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 850
  • Garage Type: 7
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,996
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND HILLS SUB
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SEC 18 T2N R6E WOODLAND HILLS SUB NO. 3, LOT 141

Neighborhood

  • School District Name: Brighton Area Schools
  • School Tax School District: BRIGHTON
  • Census Tract: 740500

Zoning

  • Zoning: R-2

Geography

  • District: 12
  • Section: 18
  • Subdivision Tract Number: 740500
  • Parcel: 12-18-403-141
  • Lot: 141
  • Meridian: SEC 18 TWN 02N RNG 06E
  • Municipality: BRIGHTON TWP
  • Latitude: 42.5623
  • Longitude: -83.774

    Address

  • Full Address: 8912 Margo Dr
  • Address - House Number: 8912
  • Address - Street Name: Margo
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brighton
  • Carrier Code: R009
  • 4-Digit Zip Code: 8940
  • Zip Code: 48114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,619

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 453,804
  • High Value: 533,458
  • Low Value: 374,150

    Market Valuation

  • Market Total Value: $345,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2017
  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R-025470
  • Previous Sale Recording Date: Jul 13, 2009
  • Previous Sale Contract Date: Jun 19, 2009
  • Previous Sale Amount: $187,500
  • 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 Livingston

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1987 ft²

Average Home Age

38.3 years

Currently For Sale

60 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: Brent R Flewelling, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24017158
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 8912 Margo Drive built and last sold?
The property at 8912 Margo Drive was built in 1977 and last sold on Aug 24, 2017 for $299,000.
How much is this home worth?
The estimated value of the home located at 8912 Margo Drive is $0.
What are some comparable homes to 8912 Margo Drive?
There are currently no comparable homes to 8912 Margo Drive.
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