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Jackson
8503 Dixon Road
$200,000
● House - Off Market

8503 Dixon Road

Rives Junction, MI 49277
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,276 Ft²
$1,082
Est. Monthly

About This Property

10 acres in Northwest Schools! This is your chance to own your own piece of land at an affordable price. Featuring a bright daffodil yellow farmhouse with an updated kitchen, brand new bathroom, fresh paint on the walls, new carpet and laminate flooring making this home truly move in ready. A large, detached garage provides ample space for vehicles, storage or a workshop.  This property is mostly wooded, providing peaceful living and abundant wildlife. Property being sold as-is.
Unit Size
1,276 Ft²
Days on Market
39 days
Land Size
10.00 acres
Price per sqft
$156
Property Type
House
Property Taxes
$104
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: 7 months ago (MichRIC MLS #26011318)

Price History

Date / Event Date Event Price
May 1, 2026 Sold
Premium
Sold
Mar 31, 2026 In contract -
In contract
Mar 28, 2026 Price Decreased $199,000
↓ $26K (11.5%)
Price Decreased
Mar 23, 2026 Listed by RE/MAX Mid-Michigan R.E. $224,900
Listed by RE/MAX Mid-Michigan R.E.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • 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: 548
  • Garage Type: 7
  • Garage Square Area: 900
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 860
  • Building Area: 860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S 20 RDS OF W 80 RDS OF SE 1/4 SEC 24 T1S R2W

Neighborhood

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

Zoning

  • Zoning: AG OPEN

Geography

  • Assessors Map Reference: MAPS
  • District: 18
  • Parcel: 000-02-24-451-003-00
  • Meridian: SEC 24 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.3645
  • Longitude: -84.4922

    Address

  • Full Address: 8503 Dixon Rd
  • Address - House Number: 8503
  • Address - Street Name: Dixon
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Rives Junction
  • Carrier Code: R001
  • 4-Digit Zip Code: 9644
  • Zip Code: 49277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $43,259
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 173,504
  • High Value: 206,520
  • Low Value: 140,488

    Market Valuation

  • Market Total Value: $127,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,800

    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

Rentals Near You

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MichRIC

Listed by: Jennifer Ferris, RE/MAX Mid-Michigan R.E.
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 26011318
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 8503 Dixon Road built and last sold?
The property at 8503 Dixon Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8503 Dixon Road is $0.
What are some comparable homes to 8503 Dixon Road?
There are currently no comparable homes to 8503 Dixon Road.
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