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Jackson
3838 Perrine Road
$275,000
● House - Off Market

3838 Perrine Road

Rives Junction, MI 49277
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,524 Ft²
$1,480
Est. Monthly
10.51%
Cap Rate

About This Property

Take a look at this beautiful home in Rives township! Located in Northwest school district on 1.25 acres, this ranch style home with a pole barn, is perfect for anyone wanting country living, while still being only 2 miles from 127 makes for an easy commute. New updates to this home include a metal roof (2021), Natural gas high efficiency furnace (2020) and a lift pump for septic tank (2024).
Unit Size
1,524 Ft²
Days on Market
53 days
Land Size
1.25 acres
Price per sqft
$174
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1960

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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: 2 years ago (MichRIC MLS #25014408)

Price History

Date / Event Date Event Price
Jun 2, 2025 Sold
Premium
Sold
Apr 14, 2025 In contract -
In contract
Apr 10, 2025 Listed by Sproat Realty Professionals-J $265,000
Listed by Sproat Realty Professionals-J
Aug 29, 2005 Sold
Premium
Sold
Jul 12, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,524
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT A PT 660 FT W OF W 1/8 LN OF SEC 8 TH N 297 FT TH W 183.33 FT TH S 297 FT TH E 183.33 FT TO BEG. SEC 8 T1S R1W 1.25A

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006701

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 13
  • Parcel: 000-03-08-351-005-00
  • Meridian: SEC 08 TWN 01S RNG 01W
  • Municipality: RIVES TWP
  • Latitude: 42.3938
  • Longitude: -84.4608

    Address

  • Full Address: 3838 Perrine Rd
  • Address - House Number: 3838
  • Address - Street Name: Perrine
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Rives Junction
  • Carrier Code: R003
  • 4-Digit Zip Code: 9642
  • Zip Code: 49277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,376
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 227,513
  • High Value: 270,807
  • Low Value: 184,220

    Market Valuation

  • Market Total Value: $176,400
  • Market Land Value: $176,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,200
  • Assessed Land Value: $88,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2005
  • Current Sale Recording Date: Aug 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2409340
  • Previous Sale Recording Date: Jul 12, 2001
  • Previous Sale Contract Date: Jun 29, 2001
  • Previous Sale Amount: $119,000
  • 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

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MichRIC

Listed by: Trey Waldofsky, Sproat Realty Professionals-J
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25014408
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 3838 Perrine Road built and last sold?
The property at 3838 Perrine Road was built in 1960 and last sold on Aug 23, 2005 for $142,500.
How much is this home worth?
The estimated value of the home located at 3838 Perrine Road is $0.
What are some comparable homes to 3838 Perrine Road?
There are currently no comparable homes to 3838 Perrine Road.
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