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Jackson
8489 Rives Junction Road
$100,000
● House - Off Market

8489 Rives Junction Road

Rives Junction, MI 49277
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,388 Ft²
$636
Est. Monthly

About This Property

Spacious 2-Bedroom Home with Potential on Nearly an Acre! This 2-bedroom, 2-bath home sits on a beautiful 0.88-acre lot and offers plenty of space to make it your own. Originally a 3-bedroom, it can easily be converted back by adding a wall. Features include an updated kitchen with newer cabinets and appliances, a large walkout basement with a wood stove, and a 3.5-car garage with wood heat and multiple overhead doors. The home also includes a newer well pump, recently pumped septic, natural gas, and a 200-amp panel. Enjoy summer days by the above-ground pool with a new filter system, and there's even a zero-turn mower included! Some updates are already complete - siding and windows are nearly finished - while other areas like flooring, trim, and gutters are ready for your finishing touch.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$72
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
-

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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: 11 months ago (MichRIC MLS #25061605)

Price History

Date / Event Date Event Price
Dec 9, 2025 Sold
Premium
Sold
Oct 9, 2025 Listed by NON-MEMBER REALTOR 'LIST' $100,000
Listed by NON-MEMBER REALTOR 'LIST'
Sep 20, 2005 Sold
Premium
Sold
Sep 28, 1995 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • 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: 1,040
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,333
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRUCKMAN SUBDIVISION
  • Land Acres: 0000000880
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 2 STRUCKMAN SUBDIVISION

Neighborhood

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

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS 8 JBOR 06
  • District: 13
  • Parcel: 000-03-29-101-002-00
  • Lot: 2
  • Municipality: RIVES TWP
  • Latitude: 42.359
  • Longitude: -84.4623

    Address

  • Full Address: 8489 Rives Junction Rd
  • Address - House Number: 8489
  • Address - Street Name: Rives Junction
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Rives Junction
  • Carrier Code: R003
  • 4-Digit Zip Code: 9662
  • Zip Code: 49277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $78,892
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 178,358
  • High Value: 212,298
  • Low Value: 144,418

    Market Valuation

  • Market Total Value: $135,200
  • Market Land Value: $135,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,600
  • Assessed Land Value: $67,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2005
  • Current Sale Recording Date: Sep 20, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2412161
  • Previous Sale Recording Date: Sep 28, 1995
  • Previous Sale Contract Date: Sep 28, 1995
  • Previous Sale Amount: $80,000
  • 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

Rentals Near You

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MichRIC

Listed by: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 25061605
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 8489 Rives Junction Road built and last sold?
The property at 8489 Rives Junction Road was built in and last sold on Sep 7, 2005 for $155,000.
How much is this home worth?
The estimated value of the home located at 8489 Rives Junction Road is $0.
What are some comparable homes to 8489 Rives Junction Road?
There are currently no comparable homes to 8489 Rives Junction Road.
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