$560,000
●
House -
Off Market
7405 Buckman Road
Hanover, MI 49241
3 Beds
2 Baths,
1
Half Bath
2,198 Ft²
$571,413
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
28.5 ACRE COUNTRY ESTATE SW Jackson County - Trees line the
driveway leading back to this spectacular Tudor style home nestled
on a hill. 3 BR, 2-1/2 BA 2,200+ sq.ft. of living space plus full
unfinished bsmt. Yard & woods w/the Kalamazoo River meandering
through the back of the property. Stunning foyer & French Doors
open to spacious living rm featuring a wood burner & blt-in
cabinets. Formal dining. Cozy family rm w/wood burner & sliding
door to 3 season porch & patio. 1/2 Bath. Lovely kitchen w/granite
counters, pantries, dbl oven & eating space. 3 BRs up - primary
w/sitting rm, full bath & wood burning FP. 3 Car heated garage.
Privacy, hunting, recreation, surrounded by nature! Option ONLY to
buyer of home; additional 35 tillable acres & 40x60 pole barn for
$250,000.
Unit Size
2,198 Ft²
Days on Market
137 days
Land Size
28.50 acres
Price per sqft
$262
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
-
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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: 8 months ago (MichRIC MLS #23012457)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by RE/MAX MID-MICHIGAN R.E. | $575,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Nov 2, 2022 | Listed by RE/MAX MID-MICHIGAN R.E. | $875,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| | |||
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OFF THE BEATEN PATH - 63.5 ACRE COUNTRY ESTATE SW Jackson County - Trees line the long driveway leading to this spectacular Tudor style home nestled on a hill. The property consists of 3 parcels w/approx 30 tillable acres, 3 BR/2-1/2 BA 2,200+ sq.ft. home, 40x60 pole barn & woods w/the Kalamazoo River meandering through the back of the property. Stunning foyer & French Doors open to spacious living rm featuring a wood burner & blt-in cabinets. Formal dining rm. Cozy family rm w/wood burner & sliding door to 3 season porch & patio. 1/2 Bath. Lovely kitchen w/granite counters, 2 pantries, dbl oven & eating space. 3 BRs up - master suite w/sitting rm, full bath & wood burning FP. Full bsmt; storage & util. 3 Car heated garage. Privacy, prime hunting, recreation, surrounded by nature!
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: DEBBIE CROWNOVER, RE/MAX MID-MICHIGAN R.E.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 23012457
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.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 23012457
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