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South Haven 49090
951 Monroe Boulevard
$315,000
● House - Off Market

951 Monroe Boulevard

South Haven, MI 49090
bedrooms
2 Beds
bathrooms
1 Bath
square feet
725 Ft²
$1,817
Est. Monthly
4.44%
Cap Rate

About This Property

Don't miss this rare renovation opportunity on Monroe Boulevard, perfectly situated just off the beach! This delightful two-bedroom bungalow is an ideal canvas for your dream home. Imagine living just a short walk or bike ride away from the stunning shores of Lake Michigan, the vibrant Kids Corner, and the charming downtown of South Haven, MI. The oversized lot presents a unique chance to design the perfect addition or outdoor space tailored to your lifestyle. Embrace the potential of this property and let your creativity shine! Schedule a showing today to explore the possibilities and see for yourself why this location is so special.
Unit Size
725 Ft²
Days on Market
28 days
Land Size
0.19 acres
Price per sqft
$476
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
-

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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 #24057535)

Price History

Date / Event Date Event Price
Jul 1, 2025 Sold
Premium
Sold
Jun 27, 2025 In contract -
In contract
Jun 4, 2025 Relisted $345,000
Relisted
Jun 1, 2025 No longer available -
No longer available
Nov 1, 2024 Listed by Coldwell Banker Woodland Schmidt $385,000
Listed by Coldwell Banker Woodland Schmidt
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,451
  • Lot Size Depth Feet: 1,127
  • Lot Size Frontage Feet: 750
  • Total Building Area: 725
  • Building Area: 725
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 725
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE VIEW SUB
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 809-838 810-813 A495 1-17 LOT 43 & N 1/2 OF LOT 42 BLK 1 AYLWORTHS LAKE VIEW SUB.

Neighborhood

  • School District Name: South Haven Public Schools
  • School Tax School District: SOUTH HAVEN
  • Census Tract: 010400

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: A495
  • District: 53
  • Parcel: 80-53-071-043-00
  • Block: 1
  • Lot: 42-43
  • Municipality: SOUTH HAVEN CITY
  • Latitude: 42.3914
  • Longitude: -86.2834

    Address

  • Full Address: 951 Monroe Blvd
  • Address - House Number: 951
  • Address - Street Name: Monroe
  • Address - Suffix Type: Blvd
  • State: MI
  • City Name: South Haven
  • Carrier Code: C001
  • 4-Digit Zip Code: 2600
  • Zip Code: 49090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $110,003
  • Tax Rate Code Area: 80530

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 124,075
  • High Value: 153,109
  • Low Value: 95,040

    Market Valuation

  • Market Total Value: $231,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 3430903
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 South Haven

Stats & Trends

Median Asking:

$462,500

Sale Price/ft²

$370

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2155 ft²

Average Home Age

59.4 years

Currently For Sale

38 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: Adam Locker, Coldwell Banker Woodland Schmidt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24057535
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 951 Monroe Boulevard built and last sold?
The property at 951 Monroe Boulevard was built in and last sold on Mar 2, 2023 for $3,488.
How much is this home worth?
The estimated value of the home located at 951 Monroe Boulevard is $0.
What are some comparable homes to 951 Monroe Boulevard?
There are currently no comparable homes to 951 Monroe Boulevard.
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