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Hillsdale
11265 BAKER RD
$80,000
● Land - Off Market

11265 BAKER RD

Jerome, MI 49249
bedrooms
Studio
bathrooms
0 Bath
$125,879
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Large .4 acre Lake Lot with 171 Ft of lake frontage on all sports Lake LeAnn!
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 #21036691)

Price History

Date / Event Date Event Price
Aug 18, 2020 Sold
Premium
Sold
May 13, 2020 Listed by EXIT REALTY 1ST LLC $91,900
Listed by EXIT REALTY 1ST LLC
Mar 7, 2020 No longer available -
No longer available
Sep 4, 2018 Listed $99,000
Listed
Large .4 acre lake front lot with 171ft of lake frontage on a All Sports Lake Leann.
Mar 19, 2012 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,462
  • Garage Type: 7
  • Garage Square Area: 598
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,598
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,462
  • Gross Building Area: 1,476
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LEANN
  • Land Acres: 0000000404
  • Standard Land Use Code: 1001
  • County Land Use Code: 402
  • Legal Description 1: COM SW COR NW1/4 SW1/4 SEC TH N 1 W ALG W SEC LN 150.5 FT TH S 80 4723E 171.33 FT TO SHORE LAKE LEANN TH S 43 5802W ALG SHORE

Neighborhood

  • School District Name: Hanover-Horton Schools
  • Census Tract: 050102

Zoning

  • Zoning: RL1

Geography

  • District: 04
  • Parcel: 04-004-300-006-04-5-1
  • Meridian: SEC 04 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0626
  • Longitude: -84.4403

    Address

  • Full Address: 11265 Baker Rd
  • Address - House Number: 11265
  • Address - Street Name: Baker
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jerome
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,135,835

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 105,924
  • High Value: 143,375
  • Low Value: 68,472

    Market Valuation

  • Market Total Value: $689,400
  • Market Land Value: $58,375
  • Market Improvement Value: $631,025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,090

    Sales

  • Current Sale Contract Date: Mar 25, 2011
  • Current Sale Recording Date: Mar 19, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 58
  • Previous Sale Recording Date: Dec 12, 2001
  • Previous Sale Contract Date: Dec 12, 2001
  • Previous Sale Amount: $79,900
  • 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: JERRID EHLINGER, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21036691
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 11265 Baker Road built and last sold?
The property at 11265 Baker Road was built in 2021 and last sold on Mar 25, 2011 for $1,724.
How much is this home worth?
The estimated value of the home located at 11265 Baker Road is $0.
What are some comparable homes to 11265 Baker Road?
There are currently no comparable homes to 11265 Baker Road.
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