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Jackson
437 SKYLINE DR
$151,500
● House - Off Market

437 SKYLINE DR

Horton, MI 49246
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,540 Ft²
$177,262
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$98
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1974

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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 #21096356)

Price History

Date / Event Date Event Price
Jul 2, 2021 Sold
Premium
Sold
May 7, 2021 Listed by EXIT REALTY 1ST LLC $151,500
Listed by EXIT REALTY 1ST LLC
Sep 18, 2007 Sold
Premium
Sold
Apr 3, 2002 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 2,950
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE HILL LAKE SUBDIVISION
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 117 PINE HILL LAKE SUBDIVISION NO 1 (LAKE RIGHTS)

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS SEWER
  • District: 05
  • Parcel: 000-17-25-127-018-00
  • Lot: 117
  • Municipality: HANOVER TWP
  • Latitude: 42.0987
  • Longitude: -84.4896

    Address

  • Full Address: 437 Skyline Dr
  • Legal Unit: 117
  • Address - House Number: 437
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Horton
  • Carrier Code: R003
  • 4-Digit Zip Code: 9755
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $57,137
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 60
  • Final Value: 196,632
  • High Value: 250,763
  • Low Value: 142,501

    Market Valuation

  • Market Total Value: $133,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2887894
  • Previous Sale Recording Date: Sep 18, 2007
  • Previous Sale Contract Date: Aug 09, 2007
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 49
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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: EDWARD J KERLEY, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21096356
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 437 Skyline Drive built and last sold?
The property at 437 Skyline Drive was built in 1974 and last sold on Jun 25, 2021 for $151,500.
How much is this home worth?
The estimated value of the home located at 437 Skyline Drive is $156,302.
What are some comparable homes to 437 Skyline Drive?
There are currently no comparable homes to 437 Skyline Drive.
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