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Jackson 49201
1009 RIM RD
$174,997
● House - Off Market

1009 RIM RD

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,310 Ft²
$287,410
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Stunning brick ranch in the Northwest School district.  This home shows pride of ownership throughout.  Tastefully decorated with wood floors throughout under the new carpet.  Home boasts 4 bedrooms and 2 full baths one of which is in the master bedroom.  Beautifully updated kitchen with a complete appliance package included.  Finished walkout basement with a large sun room attached for those cooler nights.   Located on a quite street close to Jackson and 30 minutes from Lansing.  Home is deceiving it is much larger than it looks!
Unit Size
2,310 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$74
Property Type
House
Property Taxes
$139
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: 3 years ago (MichRIC MLS #21059317)

Price History

Date / Event Date Event Price
Jul 8, 2016 Sold
Premium
Sold
May 6, 2016 Listed by ERA REARDON REALTY, L.L.C. $169,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,400
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVE SUBDIVISION
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 8 MAPLE GROVE SUBDIVISION

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006701

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: MAPS
  • District: 13
  • Parcel: 000-03-34-252-004-00
  • Lot: 8
  • Municipality: RIVES TWP
  • Latitude: 42.3429
  • Longitude: -84.4124

    Address

  • Full Address: 1009 Rim Rd
  • Address - House Number: 1009
  • Address - Street Name: Rim
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R016
  • 4-Digit Zip Code: 8232
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $127,518
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 269,908
  • High Value: 320,957
  • Low Value: 218,859

    Market Valuation

  • Market Total Value: $189,400
  • Market Land Value: $189,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,700
  • Assessed Land Value: $94,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2016
  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2744497
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 Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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: MELISSA L BAILEY, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21059317
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 1009 Rim Road built and last sold?
The property at 1009 Rim Road was built in and last sold on Jul 5, 2016 for $174,997.
How much is this home worth?
The estimated value of the home located at 1009 Rim Road is $179,795.
What are some comparable homes to 1009 Rim Road?
There are currently no comparable homes to 1009 Rim Road.
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