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Jackson
2799 W Territorial Road
$259,100
● House - Off Market

2799 W Territorial Road

Rives Junction, MI 49277
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,320 Ft²
$1,433
Est. Monthly
7.85%
Cap Rate

About This Property

Discover country living with this charming three-bedroom, one-bath ranch set on nearly three acres in the desirable Leslie School District. The home offers an attached two-car garage and a full walkout basement, giving you plenty of space and potential.Outside, you'll find a horse barn and a peaceful little creek running along the back of the property, perfect for animal lovers or those seeking a serene setting. While currently Amish-owned, the home is equipped with plumbing and electrical, making it ready for modern comforts.This property combines the tranquility of the countryside with the convenience of nearby schools and amenities. A wonderful opportunity to make it your own!
Unit Size
2,320 Ft²
Days on Market
98 days
Land Size
2.82 acres
Price per sqft
$108
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
-

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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: 11 months ago (MichRIC MLS #25045930)

Price History

Date / Event Date Event Price
Dec 15, 2025 Sold
Premium
Sold
Dec 13, 2025 No longer available -
No longer available
Sep 25, 2025 In contract -
In contract
Sep 8, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $249,900
Listed by RE/MAX MID-MICHIGAN R.E.
Nov 12, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,160
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,230
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001750
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NE COR OF W 23A OF S 1/2 OF SW 1/4 OF SEC 4 TH E ALG S 1/8 LN TO CEN OF CREEK TH SWLY ALG CEN LN OF CREEK TO E LN OF W

Neighborhood

  • School District Name: Leslie Public Schools
  • School Tax School District: 33100
  • Census Tract: 006701

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 13
  • Parcel: 000-03-04-351-005-00
  • Meridian: SEC 04 TWN 01S RNG 01W
  • Municipality: RIVES TWP
  • Latitude: 42.4113
  • Longitude: -84.4404

    Address

  • Full Address: 2799 W Territorial Rd
  • Address - House Number: 2799
  • Street Direction: W
  • Address - Street Name: Territorial
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Rives Junction
  • Carrier Code: R002
  • 4-Digit Zip Code: 9722
  • Zip Code: 49277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $97,800
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 175,989
  • High Value: 218,549
  • Low Value: 133,430

    Market Valuation

  • Market Total Value: $161,800
  • Market Land Value: $161,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,900
  • Assessed Land Value: $80,900

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2899172
  • Previous Sale Recording Date: Dec 13, 2019
  • Previous Sale Contract Date: Dec 04, 2019
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 64
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

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: DEANN E GUMBERT, RE/MAX MID-MICHIGAN R.E.
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 25045930
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 2799 West Territorial Road built and last sold?
The property at 2799 West Territorial Road was built in and last sold on Nov 2, 2021 for $85,000.
How much is this home worth?
The estimated value of the home located at 2799 West Territorial Road is $0.
What are some comparable homes to 2799 West Territorial Road?
There are currently no comparable homes to 2799 West Territorial Road.
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