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Jackson
8700 DIXON RD
$27,000
● House - Off Market

8700 DIXON RD

Rives Junction, MI 49277
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$67,190
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$25
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1968

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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 #21086964)

Price History

Date / Event Date Event Price
Aug 4, 2020 Sold
Premium
Sold
May 29, 2020 Listed by C-21 Affiliated - Jackson $185,000
Listed by C-21 Affiliated - Jackson
Feb 8, 2013 Sold
Premium
Sold
Jan 21, 2013 Listed by C-21 Affiliated - Jackson $32,000
Listed by C-21 Affiliated - Jackson

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,040
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT THE S 1/4 POST OF SEC 24 TH N 1192.6 FT TO A PT FOR PL OF BEG OF THIS DESCN TH N 89DEG 18'10''W 243 FT TH N 133.2 FT

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: 000-02-24-376-002-00
  • Meridian: SEC 24 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.3676
  • Longitude: -84.4928

    Address

  • Full Address: 8700 Dixon Rd
  • Address - House Number: 8700
  • Address - Street Name: Dixon
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Rives Junction
  • Carrier Code: R001
  • 4-Digit Zip Code: 9778
  • Zip Code: 49277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $80,130
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 193,178
  • High Value: 239,894
  • Low Value: 146,462

    Market Valuation

  • Market Total Value: $165,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2856221
  • Previous Sale Recording Date: Aug 04, 2020
  • Previous Sale Contract Date: Jun 28, 2020
  • Previous Sale Amount: $100,000
  • 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: BRENT JOHNSON, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21086964
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 8700 Dixon Road built and last sold?
The property at 8700 Dixon Road was built in 1968 and last sold on Jul 29, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 8700 Dixon Road is $175,972.
What are some comparable homes to 8700 Dixon Road?
There are currently no comparable homes to 8700 Dixon Road.
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