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Jackson
116 EASTSHORE DR
$160,000
● House - Off Market

116 EASTSHORE DR

Jerome, MI 49249
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,702 Ft²
$253,048
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Spectacular view and tons of natural light! Beautifully renovated main floor with granite countertops, new flooring, fresh paint, expansive new deck, new gas fireplace and surround, new railing and staircase, new electrical, new lighting, new iron filter, and in recent years, newer metal roof and windows, furnace, water heater, softener, water tank and air conditioning. Association Access and gorgeous view of all-sports Mirror Lake. The lower walk out level features a bedroom, full bath, wet bar/ kitchen area, office or storage area, and family room. The spacious 1200+/- sq ft garage features plenty of space for vehicles, watercraft, a workshop, and more. This is a beautiful and well-cared for property in Hanover-Horton Schools.
Unit Size
1,702 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$97
Property Type
House
Property Taxes
$155
HOA Dues
$15
Year Built
1977

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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 #21054509)

Price History

Date / Event Date Event Price
Apr 13, 2018 Sold
Premium
Sold
Mar 23, 2018 Listed by PRODUCTION REALTY $164,900
Listed by PRODUCTION REALTY
Jun 3, 2015 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 884
  • Garage Type: 7
  • Garage Square Area: 1,199
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,280
  • Lot Size Depth Feet: 3,247
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 884
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIRROR LAKE #2
  • Land Acres: 0000001292
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 294 & 295 ''MIRROR LAKE NO 2'' COMBINED ON 01/30/2009 FROM 074-18-33-457-053-00 075-18-33-457-054-00;

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006301

Zoning

  • Zoning: RL-1

Geography

  • Assessors Map Reference: MAPS MIRROR
  • District: 08
  • Parcel: 074-18-33-457-053-01
  • Lot: 294-295
  • Municipality: LIBERTY TWP
  • Latitude: 42.0749
  • Longitude: -84.4212

    Address

  • Full Address: 116 Eastshore Dr
  • Address - House Number: 116
  • Address - Street Name: Eastshore
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jerome
  • Carrier Code: R042
  • 4-Digit Zip Code: 9407
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $362,493
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 73
  • Final Value: 248,083
  • High Value: 297,366
  • Low Value: 198,800

    Market Valuation

  • Market Total Value: $204,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,400

    Sales

  • Current Sale Contract Date: Apr 06, 2018
  • Current Sale Recording Date: Apr 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 03, 2015
  • Previous Sale Contract Date: May 29, 2015
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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: AMY E GILPIN, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21054509
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 116 Eastshore Drive built and last sold?
The property at 116 Eastshore Drive was built in 1977 and last sold on Apr 6, 2018 for $160,000.
How much is this home worth?
The estimated value of the home located at 116 Eastshore Drive is $0.
What are some comparable homes to 116 Eastshore Drive?
There are currently no comparable homes to 116 Eastshore Drive.
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