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Washtenaw 48176
9008 Macon Road
$400,000
● House - Off Market

9008 Macon Road

Saline, MI 48176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,112 Ft²
$2,382
Est. Monthly
5.95%
Cap Rate

About This Property

Don't miss out on this charming farmhouse nestled on nearly 5 acres in Saline! This unique property features a 3-bedroom main farmhouse, a 2-bedroom secondary home (formerly an income property), and two barns.  The farmhouse features a main floor bedroom and full bathroom. Upstairs features2 bedrooms, bonus space upstairs, and half bathroom (formerly a full bathroom and can be converted back easily).  Enjoy the benefits of township taxes while being just minutes from downtown Saline.
Unit Size
2,112 Ft²
Days on Market
49 days
Land Size
4.62 acres
Price per sqft
$189
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1870

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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: 2 years ago (MichRIC MLS #25041506)

Price History

Date / Event Date Event Price
Oct 3, 2025 Sold
Premium
Sold
Aug 19, 2025 In contract -
In contract
Aug 15, 2025 Listed by Cornerstone Real Estate $399,900
Listed by Cornerstone Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 756
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 201,247
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,152
  • Building Area: 3,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004620
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: REWRITE/SURVEY **FROM 1812200009 03/26/92 **FROM 1812200010 03/26/92 SA12-6A-2A-1A PCLS 1&2" BEG AT N 1/4 COR SEC 12, TH N

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 426001

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: MAP R-1
  • District: R
  • Parcel: R -18-12-200-020
  • Block: 200
  • Meridian: SEC 01 TWN 04S RNG 05E
  • Municipality: SALINE TWP
  • Latitude: 42.1547
  • Longitude: -83.7857

    Address

  • Full Address: 9008 Macon Rd
  • Address - House Number: 9008
  • Address - Street Name: Macon
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Saline
  • Carrier Code: R004
  • 4-Digit Zip Code: 9304
  • Zip Code: 48176

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $411,538
  • Tax Rate Code Area: R-18

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 69
  • Final Value: 347,349
  • High Value: 425,327
  • Low Value: 269,371

    Market Valuation

  • Market Total Value: $328,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,300

    Exemptions

  • Homeowner Exemption: Yes
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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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

Unit for rent at 492 Park Place, Saline, MI, 48176

$2,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,639 ft²
492 Park Place, Saline, MI, 48176 Listing by La Tanya Keith

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Donald Wurtzel, Cornerstone Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25041506
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 9008 Macon Road built and last sold?
The property at 9008 Macon Road was built in 1870 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9008 Macon Road is $407,825.
What are some comparable homes to 9008 Macon Road?
There are currently no comparable homes to 9008 Macon Road.
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