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Jackson
7858 Grand River Road
$215,000
● House - Off Market

7858 Grand River Road

Rives Junction, MI 49277
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,392 Ft²
$1,309
Est. Monthly
10.02%
Cap Rate

About This Property

Secluded country living at its finest! This property offers endless outdoor fun with ample space for quads and snowmobiles. Featuring a large pole barn, detached garage, and an attached two-car garage, there's no shortage of storage or hobby space. The main level boasts a spacious great room, perfect for gatherings, and a freshly painted en suite. The walkout basement leads to a large deck where you can relax and enjoy the surrounding wildlife. A perfect blend of comfort, space, and adventure awaits!
Unit Size
1,392 Ft²
Days on Market
-
Land Size
2.10 acres
Price per sqft
$165
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1987

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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: 2 years ago (MichRIC MLS #24054549)

Price History

Date / Event Date Event Price
Jan 15, 2025 Sold
Premium
Sold
Dec 5, 2024 In contract -
In contract
Nov 23, 2024 Price Decreased $230,000
↓ $15K (6.1%)
Price Decreased
Nov 12, 2024 Price Decreased $245,000
↓ $15K (5.8%)
Price Decreased
Oct 16, 2024 Listed by Sproat Realty Professionals-J $260,000
Listed by Sproat Realty Professionals-J
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 2
  • Bedroom Count: 2
  • 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: 1,392
  • Garage Type: 7
  • Garage Square Area: 1,680
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002100
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SW COR OF SEC 10 TH N89?44'16''E 295.37 FT TO POB TH N0?08'05''W 351.5 FT TH N89?44'16''E 260 FT TH S0?08'05''E 351.5

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006600

Zoning

  • Zoning: AGRICULTUR

Geography

  • Assessors Map Reference: MAPS
  • District: 18
  • Parcel: 000-02-10-351-001-03
  • Meridian: SEC 10 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.394
  • Longitude: -84.5403

    Address

  • Full Address: 7858 Grand River Rd
  • Address - House Number: 7858
  • Address - Street Name: Grand River
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Rives Junction
  • Carrier Code: R001
  • 4-Digit Zip Code: 9510
  • Zip Code: 49277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $80,046
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 246,681
  • High Value: 293,622
  • Low Value: 199,740

    Market Valuation

  • Market Total Value: $195,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,500

    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:

$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

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MichRIC

Listed by: SUSAN M MOHLMAN, Sproat Realty Professionals-J
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24054549
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 7858 Grand River Road built and last sold?
The property at 7858 Grand River Road was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7858 Grand River Road is $231,495.
What are some comparable homes to 7858 Grand River Road?
There are currently no comparable homes to 7858 Grand River Road.
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