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Livingston 48855
96 Olde Franklin Road
$390,000
● House - Off Market

96 Olde Franklin Road

Howell, MI 48855
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,472 Ft²
$2,195
Est. Monthly
4.68%
Cap Rate

About This Property

Beautiful 3 bedroom 2 bath on 3.39 acres of land with a huge pole barn. Backyard has a pond with a very nice deck for enjoying the summertime. Plenty of land, and a very solid and beautiful house. Make it your own with endless possibilities. Located in a very desirable area of Howell with a quiet neighborhood and a kennel space on the side of the house for dog lovers.

This house is a must see. Won't last long.
Unit Size
1,472 Ft²
Days on Market
109 days
Land Size
3.39 acres
Price per sqft
$265
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1978

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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 #24056424)

Price History

Date / Event Date Event Price
Feb 11, 2025 Sold
Premium
Sold
Jan 8, 2025 In contract -
In contract
Dec 31, 2024 Price Decreased $390,000
↓ $15K (3.7%)
Price Decreased
Dec 13, 2024 Price Decreased $405,000
↓ $10K (2.4%)
Price Decreased
Nov 13, 2024 Price Decreased $414,900
↓ $10K (2.4%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 39
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 432
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 147,668
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PART OF SEC 14 T3N R4E
  • Land Acres: 0000003390
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SEC 14 T3N R4E BEG N 1*14'W 907 FT & S 89*52'30"W 361.58 FT FROM SE COR OF SEC, TH S 89*52'30"W 361.58 FT, TH N 1*14'W 407.18

Neighborhood

  • School District Name: Howell Public Schools
  • School Tax School District: HOWELL SD
  • Census Tract: 724003

Zoning

  • Zoning: SFR

Geography

  • District: 06
  • Section: 14
  • Subdivision Tract Number: 724000
  • Parcel: 06-14-400-014
  • Meridian: SEC 14 TWN 03N RNG 04E
  • Municipality: HOWELL TWP
  • Latitude: 42.647
  • Longitude: -83.9369

    Address

  • Full Address: 96 Olde Franklin Dr
  • Address - House Number: 96
  • Address - Street Name: Olde Franklin
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Howell
  • Carrier Code: R014
  • 4-Digit Zip Code: 9383
  • Zip Code: 48855

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $9,895

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 71
  • Final Value: 352,437
  • High Value: 426,832
  • Low Value: 278,042

    Market Valuation

  • Market Total Value: $254,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,209

    Exemptions

  • Homeowner Exemption: Yes
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 Livingston

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1987 ft²

Average Home Age

38.3 years

Currently For Sale

60 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Nicholas Jarvis, Jarvis Realty
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24056424
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 96 Olde Franklin Road built and last sold?
The property at 96 Olde Franklin Road was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 96 Olde Franklin Road is $0.
What are some comparable homes to 96 Olde Franklin Road?
There are currently no comparable homes to 96 Olde Franklin Road.
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