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Emmet 49706
5615 N Conway Road
$455,000
● House - Off Market

5615 N Conway Road

Alanson, MI 49706
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,429 Ft²
$2,790
Est. Monthly
1.69%
Cap Rate
Unit Size
2,429 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$187
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #25033478)

Price History

Date / Event Date Event Price
Jul 1, 2025 Sold
Premium
Sold
Jun 1, 2025 Listed by C-21 Affiliated - Jackson $455,000
Listed by C-21 Affiliated - Jackson
Mar 30, 2023 Sold
Premium
Sold
Mar 18, 2023 No longer available -
No longer available
Jan 13, 2023 Listed by C-21 Affiliated - Jackson $313,000
Listed by C-21 Affiliated - Jackson
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 988
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S36 T36N R5W
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 328.39 FT S OF W 1/4 COR FOR POB, TH CONT S 328.39 FT ALG W SEC LN, TH E1327.99 FT TO W 1/8 LN, TH N 328.39 FT TH W

Neighborhood

  • School District Name: Alanson Public Schools
  • School Tax School District: ALANSON
  • Census Tract: 970202

Zoning

  • Zoning: PT R-2

Geography

  • District: 11
  • Section: 36
  • Parcel: 11-13-36-300-005
  • Meridian: SEC 36 TWN 36N RNG 05W
  • Municipality: PLEASANTVIEW TOWNSHIP
  • Latitude: 45.4699
  • Longitude: -84.872

    Address

  • Full Address: 5615 N Conway Rd
  • Address - House Number: 5615
  • Street Direction: N
  • Address - Street Name: Conway
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Alanson
  • Carrier Code: R002
  • 4-Digit Zip Code: 9549
  • Zip Code: 49706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $132,170
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 68
  • Final Value: 248,825
  • High Value: 305,739
  • Low Value: 191,911

    Market Valuation

  • Market Total Value: $128,000
  • Market Land Value: $45,000
  • Market Improvement Value: $83,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $41,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5204190
  • Previous Sale Recording Date: Mar 30, 2023
  • Previous Sale Contract Date: Mar 17, 2023
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Emmet

Stats & Trends

Median Asking:

$612,000

Sale Price/ft²

$237

Below Asking

0.05%

Average Days on Market

105

Average Home Size

1126 ft²

Average Home Age

156 years

Currently For Sale

2 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

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MichRIC

Listed by: John M O'Dowd, C-21 Affiliated - Jackson
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25033478
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 5615 North Conway Road built and last sold?
The property at 5615 North Conway Road was built in and last sold on Mar 17, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 5615 North Conway Road is $481,280.
What are some comparable homes to 5615 North Conway Road?
There are currently no comparable homes to 5615 North Conway Road.
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