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Jackson
10975 Hankerd Road
$320,000
● House - Off Market

10975 Hankerd Road

Pleasant Lake, MI 49272
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,632 Ft²
$1,687
Est. Monthly
10.96%
Cap Rate

About This Property

A Must See. This Beautiful Ranch is situated in Pleasant Lake right across from Hankerd Hills Golf Course. This home as so much to offer. Just over 2600 sq feet of living space with an updated entry level and a cozy walkout basement with a second kitchen and wood fireplace. 3 Bed, 2.5 bath, The main level has updated kitchen with Amish built cabinets and new appliances., The New Hard wood flooring in the Living room is a must see. If you love your crafts or need workspace this home has two very spacious rooms just for that! NEW Furnace in 2022. Enjoy the back woods and beautiful scenery with an updated Trex Deck. This home is ready for you to visit and make your own.
Unit Size
2,632 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$118
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1970

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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 #24012225)

Price History

Date / Event Date Event Price
Apr 15, 2024 Sold
Premium
Sold
Mar 14, 2024 Listed by The Charles Reinhart Company $310,000
Listed by The Charles Reinhart Company
Feb 9, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,316
  • Garage Type: 7
  • Garage Square Area: 1,064
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 330 FT OF THE W 264 FT OF NW 1/4 SEC 16 T1S R1E 2A

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006702

Zoning

  • Zoning: RES DIS

Geography

  • Assessors Map Reference: MAPS
  • District: 06
  • Parcel: 000-04-16-101-001-00
  • Meridian: SEC 16 TWN 01S RNG 01E
  • Municipality: HENRIETTA TWP
  • Latitude: 42.3944
  • Longitude: -84.3291

    Address

  • Full Address: 10975 Hankerd Rd
  • Address - House Number: 10975
  • Address - Street Name: Hankerd
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Pleasant Lake
  • Carrier Code: R071
  • 4-Digit Zip Code: 9657
  • Zip Code: 49272

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $106,903
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1106
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 328,283
  • High Value: 364,592
  • Low Value: 291,975

    Market Valuation

  • Market Total Value: $210,600
  • Market Land Value: $210,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,300
  • Assessed Land Value: $105,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 1996
  • Current Sale Recording Date: Feb 09, 1996
  • Current Sale Price:
    Premium
  • Current 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:

$233,950

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: Blake M Wyant, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24012225
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 10975 Hankerd Road built and last sold?
The property at 10975 Hankerd Road was built in 1970 and last sold on Feb 9, 1996 for $102,000.
How much is this home worth?
The estimated value of the home located at 10975 Hankerd Road is $0.
What are some comparable homes to 10975 Hankerd Road?
There are currently no comparable homes to 10975 Hankerd Road.
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