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Jackson 49269
8729 GARFIELD
$105,001
● House - Off Market

8729 GARFIELD

Parma, MI 49269
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,436 Ft²
$176,139
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Beautiful home sitting on a hilltop overlooking large yard Three plus bedrooms,2.5 bathrooms with lots to offer.
Unit Size
2,436 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$43
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
2002

Payment Calculator

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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 #21074657)

Price History

Date / Event Date Event Price
Jan 26, 2017 Sold
Premium
Sold
Jun 9, 2016 Listed by EXIT REALTY 1ST LLC $104,900
Listed by EXIT REALTY 1ST LLC
Nov 10, 2015 Sold
Premium
Sold
Oct 9, 2002 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 1,768
  • 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: 108,900
  • Total Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SW COR OF SEC 33 TH N89^56'17''E 1323.91 FT ALG S SEC LN TO SW COR OF SE 1/4 OF SW 1/4 TH N00^10'21''E 914.19 FT TH

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006600

Zoning

  • Zoning: AG OPEN

Geography

  • Assessors Map Reference: MAPS
  • District: 18
  • Parcel: 000-02-33-376-001-17
  • Meridian: SEC 33 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.338
  • Longitude: -84.5544

    Address

  • Full Address: 8729 Garfield Rd
  • Address - House Number: 8729
  • Address - Street Name: Garfield
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R062
  • 4-Digit Zip Code: 9628
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $163,520
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 210,557
  • High Value: 253,614
  • Low Value: 167,500

    Market Valuation

  • Market Total Value: $179,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2015
  • Current Sale Recording Date: Nov 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2724911
  • Previous Sale Recording Date: Oct 09, 2002
  • Previous Sale Contract Date: Jul 30, 2002
  • Previous Sale Amount: $22,500
  • 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: EDWARD J KERLEY, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21074657
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 8729 Garfield Road built and last sold?
The property at 8729 Garfield Road was built in 2002 and last sold on Oct 21, 2015 for $94,000.
How much is this home worth?
The estimated value of the home located at 8729 Garfield Road is $118,892.
What are some comparable homes to 8729 Garfield Road?
There are currently no comparable homes to 8729 Garfield Road.
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