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Jackson 49240
11250 LEEKE
$40,103
● House - Off Market

11250 LEEKE

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,212 Ft²
$89,519
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

HAVE HORSES? THIS IS THE PLACE FOR YOU! BARN WITH STALLS, FENCING AND DIRT ROAD TO RIDE ON. THIS HOME HAS 3 ACRES, 3 BEDROOMS, WOODBURNER, SOME UPDATES, STOCKBRIDGE SCHOOLS AND LOTS OF CHARACTER. APPROVAL LETTER OR POF'S FOR ALL OFFERS.
Unit Size
1,212 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$33
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1971

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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 #21077311)

Price History

Date / Event Date Event Price
Oct 10, 2017 Sold
Premium
Sold
Aug 30, 2017 Listed by C-21 Affiliated - Jackson $95,000
Listed by C-21 Affiliated - Jackson
Mar 21, 2012 Sold
Premium
Sold
Sep 9, 2011 Listed by C-21 Affiliated - Jackson $39,900
Listed by C-21 Affiliated - Jackson

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 624
  • Garage Type: 7
  • Garage Square Area: 488
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 904
  • Building Area: 904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 904
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERLOO
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 231 FT OF THE S 1056 FT OF THE E 566 FT OF THE S 1/2 OF SE 1/4. SEC 12 T1S R2E 11250 LEEKE RD

Neighborhood

  • School District Name: Stockbridge Community Schools
  • School Tax School District: 33200
  • Census Tract: 006801

Geography

  • Assessors Map Reference: MAPS A-12
  • District: 19
  • Parcel: 000-05-12-476-001-00
  • Meridian: SEC 12 TWN 01S RNG 02E
  • Municipality: WATERLOO TWP
  • Latitude: 42.397
  • Longitude: -84.1319

    Address

  • Full Address: 11250 Leeke Rd
  • Address - House Number: 11250
  • Address - Street Name: Leeke
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R044
  • 4-Digit Zip Code: 9528
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $64,064
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 204,640
  • High Value: 254,129
  • Low Value: 155,152

    Market Valuation

  • Market Total Value: $158,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2017
  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21080496
  • Previous Sale Recording Date: Oct 10, 2017
  • Previous Sale Contract Date: Sep 29, 2017
  • Previous Sale Amount: $40,103
  • 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

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: RHONDA K. MILES, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21077311
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 11250 Leeke Road built and last sold?
The property at 11250 Leeke Road was built in 1971 and last sold on Oct 9, 2017 for $91,000.
How much is this home worth?
The estimated value of the home located at 11250 Leeke Road is $99,142.
What are some comparable homes to 11250 Leeke Road?
There are currently no comparable homes to 11250 Leeke Road.
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