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Eaton 48827
5945 Long Highway
$295,000
● House - Off Market

5945 Long Highway

Eaton Rapids, MI 48827
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,523 Ft²
$283,837
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Wonderful location for this beautiful home! 4 large bedrooms, Master suite with bath, and additional full bath for the other bedrooms This home has so many updates! The interior has all been freshly painted, trim painted, all new flooring and carpeting, brand new appliances (fridge is a few years old), seller matched the new microwave, dishwasher and stove/oven to match the fridge.  The back yard is ready for your pooch, with a newly fenced in back yard, with separate fenced in area with custom dog house! Your pooch will be living the dream while you are!  The garage is heated with plenty of storage and workshop area.  There is a wonderful covered front porch just waiting for you to drink coffee each morning looking at the wildlife. Large yard is ready for your creative gardening ideas!
Unit Size
1,523 Ft²
Days on Market
-
Land Size
2.08 acres
Price per sqft
$184
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1980

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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: 3 years ago (MichRIC MLS #22006990)

Price History

Date / Event Date Event Price
Apr 12, 2022 Sold
Premium
Sold
Mar 7, 2022 Listed by ERA REARDON - BROOKLYN $280,000
Listed by ERA REARDON - BROOKLYN
Nov 1, 2018 Sold
Premium
Sold
Mar 29, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,232
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,605
  • Lot Size Frontage Feet: 2,750
  • Total Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002080
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 330 FT OF E 660 FT OF S 275 FT. SEC 24, T2N,R4W, EATON TWP 1980

Neighborhood

  • School District Name: Eaton Rapids Public Schools
  • School Tax School District: 23050
  • Census Tract: 021002

Zoning

  • Zoning: LA

Geography

  • District: 110
  • Section: 24
  • Parcel: 110 024 400 170 00
  • Meridian: SEC 24 TWN 02N RNG 04W
  • Municipality: EATON TWP
  • Latitude: 42.5389
  • Longitude: -84.7205

    Address

  • Full Address: 5945 Long Hwy
  • Address - House Number: 5945
  • Address - Street Name: Long
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Eaton Rapids
  • Carrier Code: R006
  • 4-Digit Zip Code: 8004
  • Zip Code: 48827

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,223

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 297,303
  • High Value: 343,660
  • Low Value: 250,946

    Market Valuation

  • Market Total Value: $248,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Contract Date: Oct 31, 2018
  • Previous Sale Amount: $180,300
  • 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 Eaton

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2145 ft²

Average Home Age

66.8 years

Currently For Sale

32 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: MEREDYTHE L HILL-VanDUSEN, ERA REARDON - BROOKLYN
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22006990
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 5945 Long Highway built and last sold?
The property at 5945 Long Highway was built in 1980 and last sold on Apr 4, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 5945 Long Highway is $281,339.
What are some comparable homes to 5945 Long Highway?
There are currently no comparable homes to 5945 Long Highway.
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