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Jackson
10240 Wilcox Road
$290,000
● House - Off Market

10240 Wilcox Road

Onondaga, MI 49264
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,556 Ft²
$1,659
Est. Monthly
6.98%
Cap Rate

About This Property

Discover your dream home nestled in a peaceful country setting. This meticulously maintained 3-bedroom, 2-bath ranch sits on 3 beautiful wooded acres, offering privacy and tranquility.Step inside to find a home that feels brand new, with every detail carefully attended to. The spacious living area flows seamlessly into a modern kitchen, perfect for entertaining or family gatherings.The partially finished basement offers endless possibilities-create a cozy family room, a home office, or extra storage space. Outside, you'll find two small outbuildings, ideal for storage or hobbies. Springport Schools!
Unit Size
1,556 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$186
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
2004

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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 #24046381)

Price History

Date / Event Date Event Price
Oct 15, 2024 Sold
Premium
Sold
Sep 7, 2024 In contract -
In contract
Sep 4, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $290,000
Listed by RE/MAX MID-MICHIGAN R.E.
Apr 21, 2005 Sold
Premium
Sold
Mar 15, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 1,196
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT THE SE CORNER OF SEC 6 TH N89DEG45'54"W ALONG THE S LN OF SD SEC 1334.27 FT TO POB OF THIS DESCN TH N00DEG59'03"E

Neighborhood

  • School District Name: Springport Public Schools
  • School Tax School District: 38150
  • Census Tract: 006600

Zoning

  • Zoning: AG OPEN

Geography

  • Assessors Map Reference: MAPS
  • District: 18
  • Parcel: 000-02-06-401-003-08
  • Meridian: SEC 06 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.4086
  • Longitude: -84.5867

    Address

  • Full Address: 10240 Wilcox Rd
  • Address - House Number: 10240
  • Address - Street Name: Wilcox
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Onondaga
  • Carrier Code: R062
  • 4-Digit Zip Code: 9635
  • Zip Code: 49264

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $96,403
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 257,801
  • High Value: 306,858
  • Low Value: 208,745

    Market Valuation

  • Market Total Value: $196,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2005
  • Current Sale Recording Date: Apr 21, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2393316
  • Previous Sale Recording Date: Mar 15, 2005
  • Previous Sale Contract Date: Mar 10, 2005
  • Previous Sale Amount: $155,768
  • 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 Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1881 ft²

Average Home Age

74.7 years

Currently For Sale

416 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: DEANN E GUMBERT, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24046381
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 10240 Wilcox Lane built and last sold?
The property at 10240 Wilcox Lane was built in 2004 and last sold on Apr 15, 2005 for $136,000.
How much is this home worth?
The estimated value of the home located at 10240 Wilcox Lane is $289,944.
What are some comparable homes to 10240 Wilcox Lane?
There are currently no comparable homes to 10240 Wilcox Lane.
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