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Jackson
8550 Coon Hill Road
$241,500
● House - Off Market

8550 Coon Hill Road

Munith, MI 49259
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$1,323
Est. Monthly
4.05%
Cap Rate

About This Property

Finally an opportunity to bring your dreams to reality! This UNFINISHED ranch home sits quietly on 14+ acres with a pond! Current owner began this project in 2022 and has installed a new well and septic system; HVAC, plumbing and electrical have all been roughed in.  Main level living features 2 bedrooms, primary with an en suite, and a grand living room w/ open concept for kitchen with vaulted ceilings. This home needs your vision to bring it to completion. Basement has tall ceilings and is a walkout. I see a gorgeous wrap around porch really adding sustenance and large barn for all the toy storage! Create your dream space without paying new construction prices!

Financing options are available. Please reach out for more information
Unit Size
1,440 Ft²
Days on Market
-
Land Size
14.33 acres
Price per sqft
$146
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
2020

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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: 3 years ago (MichRIC MLS #24029758)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jun 21, 2024 In contract -
In contract
Jun 11, 2024 Listed by PRODUCTION REALTY $210,000
Listed by PRODUCTION REALTY
Feb 20, 2019 Sold
Premium
Sold
Jan 22, 2019 Listed by PRODUCTION REALTY $40,000
Listed by PRODUCTION REALTY
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • 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: 1,440
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 624,215
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORTAGE RIVER DRAIN
  • Land Acres: 0000014330
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALL THAT PART OF SW 1/4 OF SE 1/4 OF SEC 24 LYING S AND W OF CEN OF PORTAGE RIVER DRAIN. SEC 24 T1S R1E 14.334A

Neighborhood

  • School District Name: Stockbridge Community Schools
  • School Tax School District: 33200
  • Census Tract: 006702

Zoning

  • Zoning: AGR DIS

Geography

  • Assessors Map Reference: MAPS
  • District: 06
  • Parcel: 000-04-24-451-001-00
  • Meridian: SEC 24 TWN 01S RNG 01E
  • Municipality: HENRIETTA TWP
  • Latitude: 42.365
  • Longitude: -84.2601

    Address

  • Full Address: 8550 Coon Hill Rd
  • Address - House Number: 8550
  • Address - Street Name: Coon Hill
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Munith
  • Carrier Code: R091
  • 4-Digit Zip Code: 9770
  • Zip Code: 49259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,109
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 227,741
  • High Value: 271,078
  • Low Value: 184,405

    Market Valuation

  • Market Total Value: $180,800
  • Market Improvement Value: $180,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,400
  • Assessed Improvements Value: $90,400

    Sales

  • Current Sale Contract Date: Feb 14, 2019
  • Current Sale Recording Date: Feb 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2815304
  • Previous Sale Recording Date: Aug 14, 2013
  • Previous Sale Contract Date: Jul 31, 2013
  • Previous Sale Amount: $98,000
  • 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: Kittyanne Latocki, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24029758
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 8550 Coon Hill Road built and last sold?
The property at 8550 Coon Hill Road was built in 2020 and last sold on Feb 14, 2019 for $40,100.
How much is this home worth?
The estimated value of the home located at 8550 Coon Hill Road is $208,076.
What are some comparable homes to 8550 Coon Hill Road?
There are currently no comparable homes to 8550 Coon Hill Road.
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