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Jackson
476 Skyline Drive
$450,000
● House - Off Market

476 Skyline Drive

Horton, MI 49246
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,608 Ft²
$425,713
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

One owner home on 2 lots totaling 1.36 acres on beautiful Rainbow Lake which provides access to Farwell Lake. Open floor plan with vaulted living room ceiling. Andersen windows. 1st floor laundry with ½ bath. Walkout basement with garden level windows ready to be finished. Gas fireplace in living room. Newer roof. Expansive deck overlooking the water.
Unit Size
1,608 Ft²
Days on Market
31 days
Land Size
1.36 acres
Price per sqft
$264
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1988

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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: 8 months ago (MichRIC MLS #23013498)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Apr 28, 2023 Listed by Howard Hanna Real Estate $425,000
Listed by Howard Hanna Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,608
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,111
  • Lot Size Depth Feet: 4,280
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE HILL LAKE
  • Land Acres: 0000001357
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 77 AND 78 PINE HILL LAKE SUBIVISION NO. 1 (LAKE LOT)

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006404

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS SEWER
  • District: 05
  • Parcel: 000-17-25-178-007-01
  • Lot: 77-78
  • Municipality: HANOVER TWP
  • Latitude: 42.0953
  • Longitude: -84.4887

    Address

  • Full Address: 476 Skyline Dr
  • Address - House Number: 476
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Horton
  • Carrier Code: R003
  • 4-Digit Zip Code: 9756
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $182,686
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.1125
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 88
  • Final Value: 435,611
  • High Value: 484,654
  • Low Value: 386,567

    Market Valuation

  • Market Total Value: $382,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,300

    Exemptions

  • Homeowner Exemption: Yes
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:

$234,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 23013498
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 476 Skyline Drive built and last sold?
The property at 476 Skyline Drive was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 476 Skyline Drive is $0.
What are some comparable homes to 476 Skyline Drive?
There are currently no comparable homes to 476 Skyline Drive.
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