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Hillsdale
10376 Glencoe Road
$227,500
● House - Off Market

10376 Glencoe Road

Jerome, MI 49249
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$1,424
Est. Monthly
$10
HOA / Fees
11.78%
Cap Rate

About This Property

Well maintained ranch with large bedrooms and big closets. New carpet installed in the living room and all bedrooms have tile. Main level laundry room with easy crawl space access for storage. Home has Geothermal heat /cooling with a propane backup. HOA access to Lake Leann with mooring available about a mile away. This is a great home for anyone wanting one level living, in move in condition. Additional storage shelving in the garage. This home has a yard just waiting for your landscape designs. This home has ADA features, with a ramp into the home from the garage, walk in shower and 36 in doorways.
Unit Size
1,680 Ft²
Days on Market
259 days
Land Size
0.38 acres
Price per sqft
$143
Property Type
House
Property Taxes
$235
HOA Dues
$10
Year Built
2006

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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 #24057241)

Price History

Date / Event Date Event Price
Jul 17, 2025 Sold
Premium
Sold
Jun 27, 2025 In contract -
In contract
May 1, 2025 Price Decreased $240,000
↓ $10K (4%)
Price Decreased
Jan 7, 2025 Price Decreased $250,000
↓ $22K (8.1%)
Price Decreased
Oct 31, 2024 Listed by ERA REARDON - BROOKLYN $272,000
Listed by ERA REARDON - BROOKLYN
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,466
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND GREEN
  • Land Acres: 0000000378
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 73 HIGHLAND GREEN SEC 9 T5S R1W

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050102

Zoning

  • Zoning: RU1

Geography

  • District: 04
  • Parcel: 04-060-001-073
  • Lot: 73
  • Meridian: SEC 09 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0495
  • Longitude: -84.4395

    Address

  • Full Address: 10376 Glencoe Rd
  • Address - House Number: 10376
  • Address - Street Name: Glencoe
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jerome
  • Carrier Code: R041
  • 4-Digit Zip Code: 9572
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $75,301

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 250,339
  • High Value: 338,851
  • Low Value: 161,826

    Market Valuation

  • Market Total Value: $224,182
  • Market Land Value: $5,104
  • Market Improvement Value: $219,078

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,010

    Sales

  • Current Sale Contract Date: Sep 07, 2005
  • Current Sale Recording Date: Sep 09, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 01, 1992
  • Previous Sale Contract Date: Dec 01, 1992
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: MEREDYTHE L HILL-VanDUSEN, ERA REARDON - BROOKLYN
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24057241
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 10376 Glencoe Road built and last sold?
The property at 10376 Glencoe Road was built in 2006 and last sold on Sep 7, 2005 for $9,500.
How much is this home worth?
The estimated value of the home located at 10376 Glencoe Road is $0.
What are some comparable homes to 10376 Glencoe Road?
There are currently no comparable homes to 10376 Glencoe Road.
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