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Jackson 49240
8959 Glenn Road
$239,000
● House - Off Market

8959 Glenn Road

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$1,379
Est. Monthly
11.52%
Cap Rate

About This Property

Welcome home. This amazing deal of a home has 3 bedrooms, 2 baths, and sits on a beautiful 2 acres surrounded by state land and nature. This is your own little getaway while being close to I-94, Waterloo rec parks, and Waterloo Hunt club. This home features just over 1400 sq foot on the main level, and a walkout basement ready to be finished. Schedule your private showing today.
Unit Size
1,456 Ft²
Days on Market
45 days
Land Size
2.00 acres
Price per sqft
$164
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1998

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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: 2 years ago (MichRIC MLS #25010972)

Price History

Date / Event Date Event Price
May 5, 2025 Sold
Premium
Sold
Apr 7, 2025 In contract -
In contract
Mar 21, 2025 Listed by The Charles Reinhart Company $239,000
Listed by The Charles Reinhart Company
Jun 6, 2019 Sold
Premium
Sold
Jul 23, 2014 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,456
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Depth Feet: 4,356
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 12 TH S 1316.71 FT TH W 400.10 FT TH S 367 FT TO A PT FOR POB OF THIS DESCN TH CONT S 435.6 FT TH W

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006002

Zoning

  • Zoning: AG AGRI

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-12-476-001-05
  • Meridian: SEC 12 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.3087
  • Longitude: -84.2522

    Address

  • Full Address: 8959 Glenn Rd
  • Address - House Number: 8959
  • Address - Street Name: Glenn
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R042
  • 4-Digit Zip Code: 9572
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $178,819
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 235,284
  • High Value: 292,183
  • Low Value: 178,386

    Market Valuation

  • Market Total Value: $185,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,876

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2824854
  • Previous Sale Recording Date: Jul 23, 2014
  • Previous Sale Contract Date: Jul 18, 2014
  • Previous Sale Amount: $115,000
  • 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: Blake Wyant, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25010972
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 8959 Glenn Road built and last sold?
The property at 8959 Glenn Road was built in 1998 and last sold on Jun 3, 2019 for $135,000.
How much is this home worth?
The estimated value of the home located at 8959 Glenn Road is $230,274.
What are some comparable homes to 8959 Glenn Road?
There are currently no comparable homes to 8959 Glenn Road.
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