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Jackson 49284
10333 Brown Road
$75,000
● Land - Off Market

10333 Brown Road

Springport, MI 49284
bedrooms
Studio
bathrooms
0 Bath
$515
Est. Monthly
10.87%
Cap Rate

About This Property

As you approach the nearly 8 acres of open and wooded land you'll notice the mature pine trees, offering privacy from the road. With ample space for you to build your dream home, this property offers a canvas for your imagination to flourish! Several outbuildings on the property which you can use, or you can tear them down and start fresh with your dream build! Property has electricity, water and septic avaliable. Book your viewing today and see what this land has to offer!
Unit Size
-
Days on Market
-
Land Size
7.94 acres
Price per sqft
-
Property Type
Land
Property Taxes
$87
HOA Dues
-
Year Built
1973

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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 #24012733)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Mar 15, 2024 Listed by RE/MAX Perrett Associates - Marshall $87,000
Listed by RE/MAX Perrett Associates - Marshall

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 345,866
  • Total Building Area: 848
  • Building Area: 848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007940
  • Standard Land Use Code: 1006
  • County Land Use Code: 401
  • Mobile Home Indicator: T
  • Legal Description 1: THE N 10 AC OF SE 1/4 OF SE 1/4 EXC THE N 200 FT OF THE E 450 FT THEREOF. SEC 14 T1S R3W 7.94 AC

Neighborhood

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

Zoning

  • Zoning: RNF-1

Geography

  • Assessors Map Reference: MAPS
  • District: 16
  • Parcel: 000-01-14-476-002-00
  • Meridian: SEC 14 TWN 01S RNG 03W
  • Municipality: SPRINGPORT TWP
  • Latitude: 42.3813
  • Longitude: -84.6209

    Address

  • Full Address: 10333 Brown Rd
  • Address - House Number: 10333
  • Address - Street Name: Brown
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Springport
  • Carrier Code: R081
  • 4-Digit Zip Code: 9728
  • Zip Code: 49284

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,254
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 129,422
  • High Value: 153,925
  • Low Value: 104,918

    Market Valuation

  • Market Total Value: $85,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,600

    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 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

Rentals Near You

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MichRIC

Listed by: Breanne Speer, RE/MAX Perrett Associates - Marshall
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24012733
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 10333 Brown Road built and last sold?
The property at 10333 Brown Road was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 10333 Brown Road is $0.
What are some comparable homes to 10333 Brown Road?
There are currently no comparable homes to 10333 Brown Road.
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