1440 Catalpa Dr · Berkley, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +6.1/30.0
- Schools +4.9/10.0
- Livability +4.6/5.0
- 1% rule +2.5/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +0.4/10.0
- Appreciation +0.0/10.0
$299,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
Key facts
- 7,405 sq ft lot
- Garage
- Built 1952
Property features AI
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single family residence; One and one half stories; Ground-level entry; Brick construction
- Construction: Asphalt roof; Block foundation; Built with brick
- Exterior features: Deck; Fenced backyard; Paved road access
Interior
- Kitchen: Dishwasher; Disposal; Free‑standing gas oven; Free‑standing refrigerator; Ice maker; Microwave; Range hood; Stainless steel appliances
- Bedrooms: 5 total rooms (includes bedrooms and living spaces)
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); Central air conditioning
- Interior features: Partially finished basement; Exhaust fan
- Laundry & utility: Washer hookup; Washer; Dryer; Gas dryer hookup; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $300k.
Deal economics
- At list price, monthly cash flow is $-562 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $200k (33.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $224k (25.3% below list).
- Recommended offer: $200k (33.1% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 92/100 on livability (#1 in MI, #33 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, commute A+.
- Berkley School District (suburban): math 47% / reading 62% proficiency, ranked #64 of 540 in MI (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
- Market conditions: 82 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 24 days — a 2% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $158k; list at $300k implies a 90% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 2.5% of price; built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.75% ✗
- Cap rate
- 4.04%
- Cash-on-cash
- -8.04%
- DSCR
- 0.64
- GRM
- 11.2
CMA / ARV
- ARV (median comp)
- $399,855
- List price
- $299,500
- Delta
- -25.10%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1691 Catalpa Dr | 0.15mi | 3/2.0 | 1,264 (+2%) | 1mo | $330,000 | $261 | 84 |
| 1761 Stanford Rd | 0.52mi | 3/1.0 | 1,206 (-2%) | 2mo | $300,000 | $249 | 70 |
| 1714 W Farnum Ave | 0.43mi | 3/2.0 | 1,204 (-3%) | 6mo | $360,000 | $299 | 67 |
| 10024 Kingston Ave | 0.64mi | 3/1.5 | 1,250 (+1%) | 4mo | $378,015 | $302 | 63 |
| 1197 Columbia Rd Rd | 0.45mi | 3/2.0 | 1,155 (-7%) | 3mo | $280,000 | $242 | 61 |
| 2362 Berkley Ave | 0.55mi | 3/2.0 | 1,168 (-6%) | 0mo | $390,000 | $334 | 61 |
| 2059 Columbia Rd | 0.57mi | 2/2.5 (-1) | 1,203 (-3%) | 2mo | $400,000 | $333 | 56 |
| 1217 Mayfield Dr | 0.66mi | 3/1.5 | 1,369 (+11%) | 5mo | $387,000 | $283 | 45 |
| 852 Cambridge Rd | 0.50mi | 2/2.0 (-1) | 1,400 (+13%) | 4mo | $310,000 | $221 | 42 |
| 10034 Lasalle Blvd | 0.69mi | 3/1.5 | 1,088 (-12%) | 5mo | $344,000 | $316 | 42 |
| 10044 Lasalle Blvd | 0.68mi | 3/2.0 | 1,405 (+14%) | 5mo | $450,000 | $320 | 37 |
| 2330 Rosemont Rd | 0.71mi | 4/2.0 (+1) | 1,374 (+11%) | 4mo | $319,000 | $232 | 36 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -30.3%
- Equity multiple
- -0.00×
- Total profit
- $-84,116
- Equity at exit
- $44,656
- IRR
- -31.8%
- Equity multiple
- -0.41×
- Total profit
- $-118,534
- Equity at exit
- $25,895
Cash invested: $83,860 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48072
- Active inventory
- 82
- Price-to-rent
- 11.2×
Monthly cashflow live
- Estimated rent
- $2,236 high interval (Pro) →
- Mortgage (P&I)
- −$1,571
- Tax from tax record
- −$633 /mo · $7,593/yr
- Insurance
- −$125
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$470
- Net cashflow
- $-562
Break-even live
Sensitivity live
| Price | -10% $-392 | -5% $-477 | +0% $-562 | +5% $-647 | +10% $-731 |
|---|---|---|---|---|---|
| Rent | -10% $-738 | -5% $-650 | +0% $-562 | +5% $-473 | +10% $-385 |
| Rate | -1.0pp $-411 | -0.5pp $-486 | base $-562 | +0.5pp $-639 | +1.0pp $-718 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $74,875
- Closing costs
- $8,985
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1674 Eaton Rd Berkley, MI | 3.0 | 2.0 | 1500 | $2,975 | $1.98 | 44d | 1 | 0.19mi |
| 1079 Larkmoor Blvd Berkley, MI | 3.0 | 1.5 | 1152 | $2,350 | $2.04 | 25d | 1 | 0.38mi |
| 1607 Catalpa Dr Unit 1607 Catalpa Royal Oak, MI | 2.0 | 1.0 | 950 | $2,100 | $2.21 | 25d | 1 | 0.46mi |
| 2200 Berkley Ave Apt 102 Berkley, MI | 2.0 | 1.0 | 900 | $1,340 | $1.49 | 25d | 1 | 0.55mi |
| 2330 Wiltshire Rd Berkley, MI | 3.0 | 1.0 | 1254 | $2,400 | $1.91 | 2d | 1 | 0.56mi |
| 2575 Catalpa Dr Unit 2575-16 Berkley, MI | 2.0 | 1.0 | 1100 | $1,495 | $1.36 | 25d | 1 | 0.70mi |
| 2575 Catalpa Dr Unit 2575-06 Berkley, MI | 2.0 | 2.0 | 1100 | $1,695 | $1.54 | 25d | 1 | 0.70mi |
| 2639 Oxford Rd Berkley, MI | 2.0 | 1.0 | 1010 | $2,495 | $2.47 | 0d | 1 | 0.76mi |
| 1031 N Sherman Dr Unit A Royal Oak, MI | 3.0 | 2.5 | 1500 | $3,000 | $2.00 | 2d | 1 | 0.88mi |
| 1923 Crooks Rd Unit 1923-18 Royal Oak, MI | 2.0 | 1.0 | 1000 | $1,350 | $1.35 | 25d | 1 | 1.04mi |
| 1723 Edgewood Dr Unit Labs Royal Oak, MI | 3.0 | 3.0 | 1451 | $3,000 | $2.07 | 5d | 1 | 1.12mi |
| 418 Austin Ave Royal Oak, MI | 3.0 | 1.0 | 946 | $2,200 | $2.33 | 4d | 1 | 1.14mi |
| 3185 Buckingham Ave Berkley, MI | 3.0 | 1.0 | 1091 | $1,895 | $1.74 | 25d | 1 | 1.20mi |
| 201 N Lafayette Ave Royal Oak, MI | 1.0–2.0 | 1.0 | 755 | $1,587 | $2.10 | 0d | 5 | 1.24mi |
| 1414 Crooks Rd Unit 2 Royal Oak, MI | 3.0 | 2.0 | 1400 | $1,800 | $1.29 | 25d | 1 | 1.27mi |
| 430 N Washington Ave Unit A Royal Oak, MI | 2.0 | 1.0 | 1150 | $1,895 | $1.65 | 25d | 1 | 1.28mi |
| 308 W Twelve Mile Rd Unit 4/D Royal Oak, MI | 3.0 | 1.0 | 1000 | $2,200 | $2.20 | 20d | 1 | 1.30mi |
| 1814 N Center St Royal Oak, MI | 3.0 | 1.5 | 1072 | $1,790 | $1.67 | 4d | 1 | 1.40mi |
| 3936 Royal Ave Berkley, MI | 3.0 | 2.0 | 900 | $2,000 | $2.22 | 44d | 1 | 1.41mi |
| 480 N Main St Royal Oak, MI | 1.0–2.0 | 1.0–2.0 | 1045 | $4,645 | $4.44 | 0d | 6 | 1.42mi |
| 3225 Benjamin Ave #2 Royal Oak, MI | 2.0 | 1.0 | 800 | $1,525 | $1.91 | 5d | 1 | 1.43mi |
| 350 N Main St Unit 608 Royal Oak, MI | 2.0 | 2.0 | 1137 | $2,500 | $2.20 | 25d | 1 | 1.44mi |
| 350 N Main St #806 Royal Oak, MI | 2.0 | 2.0 | 1100 | $2,400 | $2.18 | 25d | 1 | 1.45mi |
| 118 N Main St Royal Oak, MI | 3.0 | 1.0–3.0 | 1432 | $6,200 | $4.33 | 0d | 4 | 1.46mi |
| 3115 Evergreen Dr Royal Oak, MI | 1.0–2.0 | 1.0 | 887 | $1,630 | $1.84 | 5d | 8 | 1.47mi |
| 122 W Houstonia Ave Royal Oak, MI | 2.0 | 1.0 | 800 | $1,350 | $1.69 | 25d | 1 | 1.47mi |
| 122 W Houstonia Ave Unit B Royal Oak, MI | 2.0 | 1.0 | 800 | $1,350 | $1.69 | 21d | 1 | 1.47mi |
| 3264 Coolidge Hwy Royal Oak, MI | 2.0 | 1.0 | 916 | $1,600 | $1.75 | 5d | 1 | 1.47mi |
| 13710 Balfour St Oak Park, MI | 4.0 | 1.0 | 1152 | $2,450 | $2.13 | 17d | 1 | 1.49mi |
| 3282 Coolidge Hwy Royal Oak, MI | 2.0 | 1.0 | 916 | $1,650 | $1.80 | 25d | 1 | 1.50mi |
Listing history 31 events
-
2026-06-04statusdays on market $299,500 Pending 24 DOM
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-06-03days on market $299,500 Active Under Contract 23 DOM
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2026-06-02days on market $299,500 Active Under Contract 22 DOM
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2026-06-01days on market $299,500 Active Under Contract 21 DOM
-
2026-05-31days on market $299,500 Active Under Contract 20 DOM
-
2026-05-17historical Accepting Backup Offers 743-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-05-17historical Active Under Contract 751-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-05-12$299,500 Active 743-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-05-12$299,500 Active 751-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-05-08price $299,500 743-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-05-08price $299,500 751-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
-
2026-05-08historical $294,500 743-char remark
Show marketing remark (743 chars)
Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.
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2016-02-25soldstatus $158,000
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2016-02-19soldstatus $158,000 Sold
Show marketing remark (336 chars)
Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.
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2016-02-19soldstatus $158,000 Closed
Show marketing remark (336 chars)
Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.
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2016-01-19status Pending
Show marketing remark (336 chars)
Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.
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2016-01-19status Pending
Show marketing remark (336 chars)
Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.
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2015-11-28$165,000 Active
Show marketing remark (336 chars)
Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.
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2015-11-28$165,000 Active
Show marketing remark (336 chars)
Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.
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2007-08-31historical
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2007-08-31historical
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2006-08-28$170,000
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2006-08-28$170,000
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2000-06-29soldstatus $140,142
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2000-06-21soldstatus $140,142
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2000-03-08historical
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2000-02-03$144,900
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1994-08-11soldstatus $99,000
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1992-06-22soldstatus $85,200
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1990-05-15soldstatus $80,100
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1986-11-01soldstatus $48,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $7,593 · $633/mo
- Projected year-2 tax
- $7,593 · $633/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,832
- − Mortgage interest
- −$16,777
- − Property taxes
- −$7,593
- − Insurance
- −$1,498
- − Repairs & maintenance
- −$2,147
- − Management
- −$2,147
- − Depreciation
- −$8,713
- Taxable loss
- −$12,041
- Est. tax savings @ 24.0%
- +$2,890
- After-tax cash flow
- $-3,851/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Berkley School District
- NCES district ID
- 2605010
- Math proficiency
- 47% ▼ -10.00%
- Reading proficiency
- 62% ▼ -3.00%
- Median HH income
- $72,519
- Composite
- 48.61/100
- National rank
- #2109
- State rank
- #64 of 540 in MI
Livability — Berkley
- Score
- 92/100
- State rank
- #1
- US rank
- #33
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Berkley, MI
- County
- Oakland County · 1,009,092 people
- City population
- 15,149
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 15,149
- Household income
- $116,239
- Rent vs Own
- Severe rent burden
- 127.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (86%)
- Race & ethnicity
- White 86% Two or more races 8% Hispanic / Latino 3% Black 2%
- Common ancestry
- Romanian 12% Lithuanian 4% Slovak 4%
- Foreign-born
- 3% · Canada
- Languages at home
- 96% English-only · Other Indo-European 1% Spanish 1% Russian/Polish/Slavic 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -502.41%
- Current HPI
- 225.7389
- Rent YoY
- —
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+524.0% since first listed28 events — show timeline
- 2026-06-04 Pending — MiRealSource-MiMLS
- 2026-06-04 Pending — REALCOMP
- 2026-05-17 Contingent — MiRealSource-MiMLS
- 2026-05-17 Contingent — REALCOMP
- 2026-05-12 Listed $299,500 MiRealSource-MiMLS
- 2026-05-12 Listed $299,500 REALCOMP
- 2026-05-08 Price Changed $299,500 MiRealSource-MiMLS
- 2026-05-08 Price Changed $299,500 REALCOMP
- 2026-05-08 Coming Soon $294,500 MiRealSource-MiMLS
- 2016-02-25 Sold (Public Records) $158,000 Public Records
- 2016-02-19 Sold (MLS) $158,000 MiRealSource-MiMLS
- 2016-02-19 Sold (MLS) $158,000 REALCOMP
- 2016-01-19 Pending — MiRealSource-MiMLS
- 2016-01-19 Pending — REALCOMP
- 2015-11-28 Listed $165,000 MiRealSource-MiMLS
- 2015-11-28 Listed $165,000 REALCOMP
- 2007-08-31 Listing Removed — MiRealSource-MiMLS
- 2007-08-31 Listing Removed — REALCOMP
- 2006-08-28 Listed $170,000 MiRealSource-MiMLS
- 2006-08-28 Listed $170,000 REALCOMP
- 2000-06-29 Sold (Public Records) $140,142 Public Records
- 2000-06-21 Sold (MLS) $140,142 MiRealSource-MiMLS
- 2000-03-08 Listing Removed — MiRealSource-MiMLS
- 2000-02-03 Listed $144,900 MiRealSource-MiMLS
- 1994-08-11 Sold (Public Records) $99,000 Public Records
- 1992-06-22 Sold (Public Records) $85,200 Public Records
- 1990-05-15 Sold (Public Records) $80,100 Public Records
- 1986-11-01 Sold (Public Records) $48,000 Public Records
Property tax history
+6.5%/yrLatest (2025): $7,593 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…