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Manistee 49660
575 Broad Avenue
$135,000
● House - Off Market

575 Broad Avenue

Manistee, MI 49660
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,000 Ft²
$316,713
RealtyHop Estimate
111.28%
Since May 1, 2010
National-US
Primary Model

About This Property

Own a piece of the charm of Manistee. This 4 BR, 2 BA ranch is located just down the street from the historic Manistee Golf and Country Club. Featuring spacious family and living rooms, beautiful wood floors and a new heating and cooling system in 2006. With 1900 sq ft on the main level, this is an outstanding value.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$50
Property Type
House
Property Taxes
$250
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 #2923837)

Price History

Date / Event Date Event Price
Apr 23, 2010 Sold
Premium
Sold
Jun 10, 2009 Listed by Coldwell Banker Schmidt Traver $149,900
Listed by Coldwell Banker Schmidt Traver
Jun 1, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,623
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE VIEW HEIGHTS
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LAKE VIEW HEIGHTS LOTS 2 & 3 BLOCK 4 _____P.ADDR 575 BROAD AVE [[SALE(73) 435 1312 114 (99) 3705 0997 (06) 1490 1987 0494

Neighborhood

  • School District Name: Manistee Area Schools
  • School Tax School District: MANISTEE
  • Census Tract: 000800

Geography

  • District: 51
  • Parcel: 51-362-709-03
  • Block: 4
  • Lot: 2-3
  • Municipality: CITY OF MANISTEE
  • Latitude: 44.2408
  • Longitude: -86.3366

    Address

  • Full Address: 575 Broad Ave
  • Address - House Number: 575
  • Address - Street Name: Broad
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Manistee
  • Carrier Code: C009
  • 4-Digit Zip Code: 2801
  • Zip Code: 49660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $317,280
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 65
  • Final Value: 289,331
  • High Value: 360,139
  • Low Value: 218,523

    Market Valuation

  • Market Total Value: $201,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2010
  • Current Sale Recording Date: Apr 23, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 01, 2006
  • Previous Sale Contract Date: Jun 01, 2006
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: 71
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 Manistee

Stats & Trends

Median Asking:

$218,500

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1359 ft²

Average Home Age

95 years

Currently For Sale

33 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: Joshua D Croff, Coldwell Banker Schmidt Traver
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 2923837
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 575 Broad Avenue built and last sold?
The property at 575 Broad Avenue was built in and last sold on Apr 23, 2010 for $135,000.
How much is this home worth?
The estimated value of the home located at 575 Broad Avenue is $0.
What are some comparable homes to 575 Broad Avenue?
There are currently no comparable homes to 575 Broad Avenue.
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