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Crawford
4730 N Howes Lake Road
$299,900
● House - Off Market

4730 N Howes Lake Road

Frederic, MI 49733
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$1,692
Est. Monthly
5.53%
Cap Rate

About This Property

Welcome to your private oasis!  This home sits on 5 acres with state land on 2 sides, trail heads right down the road, features 3 bedrooms, 2 full baths, main floor laundry, cedar throughout, vaulted ceilings, pellet stove for the cold winters, open concept with primary suite separate from the other two bedrooms, meticulously cared for, garage is currently used as a rec space but could easily be turned back into a garage, 40x45 pole barn has 16ft ceilings, nice covered porch, and deck off the back.  Seller owned LP tank. Seller is a licensed Realtor in the state of Michigan.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$243
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
2000

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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 #24038516)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Jul 30, 2024 In contract -
In contract
Jul 26, 2024 Listed by Five Star Real Estate-Jackson $299,900
Listed by Five Star Real Estate-Jackson
Sep 21, 2017 Sold
Premium
Sold
Nov 7, 2014 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 2,472
  • Parking Space Count: 8
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 6,600
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE W/2 OF THE N/2 OF THE N/2 OF THE SW/4 OF THE NE/4 SEC 10 T27N R4W 5 AC. M/L

Neighborhood

  • School District Name: Crawford AuSable Schools
  • School Tax School District: CRAWFRD AUSABLE
  • Census Tract: 960200

Zoning

  • Zoning: R-1

Geography

  • District: 030
  • Parcel: 030-010-003-045-00
  • Meridian: SEC 10 TWN 27N RNG 04W
  • Municipality: FREDERIC TWP
  • Latitude: 44.7532
  • Longitude: -84.7759

    Address

  • Full Address: 4730 N Howes Lake Rd
  • Address - House Number: 4730
  • Street Direction: N
  • Address - Street Name: Howes Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Frederic
  • Carrier Code: R011
  • 4-Digit Zip Code: 9655
  • Zip Code: 49733

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $251,832
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 305,845
  • High Value: 372,446
  • Low Value: 239,244

    Market Valuation

  • Market Total Value: $185,000
  • Market Improvement Value: $185,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,500
  • Assessed Improvements Value: $92,500

    Sales

  • Current Sale Contract Date: Sep 15, 2017
  • Current Sale Recording Date: Sep 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R0066882
  • Previous Sale Recording Date: Nov 07, 2014
  • Previous Sale Contract Date: Oct 29, 2014
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 40
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 Crawford

Stats & Trends

Median Asking:

$192,000

Sale Price/ft²

$145

Below Asking

0.05%

Average Days on Market

68

Average Home Size

1413 ft²

Average Home Age

57.4 years

Currently For Sale

0 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: Jessica N Villarreal, Five Star Real Estate-Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24038516
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 4730 North Howes Lake Road built and last sold?
The property at 4730 North Howes Lake Road was built in 2000 and last sold on Sep 15, 2017 for $162,500.
How much is this home worth?
The estimated value of the home located at 4730 North Howes Lake Road is $302,899.
What are some comparable homes to 4730 North Howes Lake Road?
There are currently no comparable homes to 4730 North Howes Lake Road.
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