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    636 Round Rock Howell, MI 48843

    View on Map
    Sponsored
    For Sale
    $680,000

    Colonial,Farmhouse,Craftsman - Howell, MI

    Type:Farm
    Property size:
    2,608 SF
    Days on Market:
    3
    Last Refresh:
    Mar 15 at 7:06 pm

    Property Features for 636 Round Rock

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Property condition
    New Construction
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    4
    APN
    1012302059
    Parking features
    Driveway, Garage
    Pool private
    1
    Interior features
    Egress Window(s), Energy Star® Qualified Window(s), High Spd Internet Avail, Programmable Thermostat
    Exterior features
    Club House, Lighting, Pool – Community, Pool - Inground, Sprinkler(s), Pool
    Fireplace
    1
    Basement Y/N
    1
    Size
    2,608 SF

    Taxes and HOA fees

    Expense value
    100
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Fireplace(s), Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Floors in Building
    2
    Building materials
    Stone
    Roof type
    Asphalt
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Teresa M Stovall

    KW Realty Livingston (810) 227-5500

    Listing agent Teresa M Stovall (810) 227-5500

    Listing date Mar 13, 2026

    MLS# 20261016403 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Move-In Ready Howell Home

    This move-in ready home, the Durango II plan by Capital Custom Homes, is located in Marion Oaks. The property features 5 bedrooms and 3.5 bathrooms. It includes an insulated garage with 8' garage doors, a Trex deck, and a finished walkout basement. The great room includes a gas fireplace. The home has life-proof laminate flooring, premium carpet with an 8lb pad, and 9' first floor ceilings. The basement has 9' Superior walls insulated to R16 and a 5-year structural warranty. Energy-efficient features include a 96% efficient furnace and A/C. Additional features include gutters and downspouts, a garage door opener, keyless entry, and a wireless access point. Sod and irrigation are included. The property comes with a 1-year builder warranty. The neighborhood features common areas, a clubhouse and pool, sports fields, sidewalks, and streetlights. Fences are allowed. The location provides convenient access to Historic Downtown Howell, restaurants, shopping, and I-96/US23.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9203
    Latitude
    42.6325

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    FAQs

    What type of property is this?
    Farm - 5-bedroom home with finished basement, backing to nature area.
    Where is this farm located?
    The property is located at 636 Round Rock Howell, MI.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Move-in ready new construction (built in 2026) with **5 bedrooms and 3.5 bathrooms**.; - Homesite backs to protected nature area and includes a **finished walkout basement and Trex deck**.; - Community amenities include a clubhouse, inground community pool, and sports fields.
    (248) 595-6719
    Request Owner's contact information
    636 Round Rock Howell, MI 48843
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    Howell, MI 48843
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    636 Round Rock Howell, MI 48843
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    We can help!
    Listing Contact
    Teresa M Stovall
    (248) 595-6719 (810) 227-5500
    Learn more
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