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Jackson
8600 Sears Road
$220,000
● House - Off Market

8600 Sears Road

Horton, MI 49246
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$1,099
Est. Monthly
22.36%
Cap Rate

About This Property

ATTN DIY and Investors. Follow the winding driveway to your own oasis perched upon a hill offering abundant privacy and room to roam. Main floor features contemporary floor plan. Living room with fireplace, dining area, kitchen, three bedrooms, and one full bathroom. The lower level walkout offers a family room with fireplace, a bedroom, full bathroom, laundry room, and storage. Home has an extra large 2 car attached garage, a pole barn, shed, and in-ground pool. With nearly 9 acres of land, the owner has space for gardens, hunting, recreation, and more. Estimated value once property and home is finished is $300,000. This property is not for lease or land contract sale. Contact Realtor with your questions or to schedule your private tour.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
8.65 acres
Price per sqft
$83
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1965

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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: 3 years ago (MichRIC MLS #24024012)

Price History

Date / Event Date Event Price
May 28, 2024 Sold
Premium
Sold
May 20, 2024 In contract -
In contract
May 15, 2024 Listed by BNR Real Estate Group $175,000
Listed by BNR Real Estate Group
Nov 1, 1989 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 1,400
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 376,576
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING ARBOR
  • Land Acres: 0000008645
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE W 545 FT OF THE S 691 FT OF THE NE 1/4. SEC 32 T3S R2W

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006401

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-32-251-001-00
  • Meridian: SEC 32 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.1678
  • Longitude: -84.5677

    Address

  • Full Address: 8600 Sears Rd
  • Address - House Number: 8600
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9663
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $81,889
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 269,413
  • High Value: 320,680
  • Low Value: 218,147

    Market Valuation

  • Market Total Value: $198,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 1989
  • Current Sale Recording Date: Nov 01, 1989
  • Current Sale Price:
    Premium
  • Current 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: Beiswanger Team, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24024012
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 8600 Sears Road built and last sold?
The property at 8600 Sears Road was built in 1965 and last sold on Nov 1, 1989 for $78,900.
How much is this home worth?
The estimated value of the home located at 8600 Sears Road is $0.
What are some comparable homes to 8600 Sears Road?
There are currently no comparable homes to 8600 Sears Road.
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