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Newaygo 49349
4767 E Monroe
$260,000
● House - Off Market

4767 E Monroe

White Cloud, MI 49349
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,870 Ft²
$482,118
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Essentially 40 acres with a quality, well-built and beautiful log home ready for immediate possession plus a great rustic looking hunter's cabin which needs some work. Several deer blinds scattered across the 40 acres. One area about 600 feet behind the log home is a pond most of the year that has a small creek through it. Plus there is an over -sized garage with a workshop that features a wood stove and there are 2 overhead doors. Very private and has great hunting, boating, fishing, hiking and etc all around the home. Close to Freemont MI. which has a great hospital and just about 45 minutes North of Grand Rapids with easy access to US 131. About an hour south of Cadillac. Harding Dam and Big Bend State Park are about 20 minutes away. Country living with easy quick access to all a city o
Unit Size
1,870 Ft²
Days on Market
-
Land Size
38.00 acres
Price per sqft
$152
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
2003

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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 #15051995)

Price History

Date / Event Date Event Price
Mar 18, 2019 Sold
Premium
Sold
Mar 29, 2018 Listed by CENTURY 21 C. Howard $293,500
Listed by CENTURY 21 C. Howard
Jul 8, 2016 Sold
Premium
Sold
Sep 21, 2015 Listed by CENTURY 21 C. Howard $285,000
Listed by CENTURY 21 C. Howard

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 954
  • Garage Type: 7
  • Garage Square Area: 784
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,655,280
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000038000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SE 1/4 NE 1/4 EXC E 100 FT SEC 24 T14N R12W

Neighborhood

  • School District Name: White Cloud Public Schools
  • School Tax School District: WHITE CLOUD
  • Census Tract: 970700

Zoning

  • Zoning: LOCAL ZONE

Geography

  • District: 6234
  • Parcel: 11-24-200-007
  • Meridian: SEC 24 TWN 14N RNG 12W
  • Municipality: WILCOX
  • Latitude: 43.5919
  • Longitude: -85.6829

    Address

  • Full Address: 4767 E Monroe Rd
  • Address - House Number: 4767
  • Street Direction: E
  • Address - Street Name: Monroe
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: White Cloud
  • Carrier Code: R002
  • 4-Digit Zip Code: 8678
  • Zip Code: 49349

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $162,432
  • Tax Rate Code Area: 6234

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 416,090
  • High Value: 507,152
  • Low Value: 325,028

    Market Valuation

  • Market Total Value: $355,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Contract Date: Jul 16, 2008
  • Previous Sale Document Type: 27
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 Newaygo

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

58

Average Home Size

1782 ft²

Average Home Age

49.1 years

Currently For Sale

147 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: David Howard, CENTURY 21 C. Howard
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15051995
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 4767 East Monroe Street built and last sold?
The property at 4767 East Monroe Street was built in 2003 and last sold on Mar 8, 2019 for $289,000.
How much is this home worth?
The estimated value of the home located at 4767 East Monroe Street is $0.
What are some comparable homes to 4767 East Monroe Street?
There are currently no comparable homes to 4767 East Monroe Street.
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