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Jackson
9024 Sayers Road
$140,000
● House - Off Market

9024 Sayers Road

Munith, MI 49259
bedrooms
3 Beds
bathrooms
1 Bath
square feet
948 Ft²
$783
Est. Monthly
20.02%
Cap Rate

About This Property

Grab your little piece of the country!  Bring your ideas and creativity to this home that needs some ideas and updates.  This 3 bedroom home also offers a playroom/office, large formal dining room and a very usable basement...all on over a acre.  The furnace and C/A were replaced in 2024.  Immediate occupancy too!
Unit Size
948 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$154
Property Type
House
Property Taxes
$66
HOA Dues
-
Year Built
1858

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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 #25009684)

Price History

Date / Event Date Event Price
Apr 21, 2025 Sold
Premium
Sold
Mar 12, 2025 Listed by SPROAT REALTY PROFESSIONALS $145,900
Listed by SPROAT REALTY PROFESSIONALS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1858
  • Effective Year Built: 1858
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 788
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Total Building Area: 948
  • Building Area: 948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRIETTA
  • Land Acres: 0000001120
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT S 1/4 POST OF SEC 23 TH N 0DEG 27'17''E 264 FT ALG N&S 1/4 LN TO A POB OF THIS DESCN TH N 89DEG 29'25''W 185 FT TH N

Neighborhood

  • School District Name: Stockbridge Community Schools
  • School Tax School District: 33200
  • Census Tract: 006702

Zoning

  • Zoning: AGR DIS

Geography

  • Assessors Map Reference: MAPS
  • District: 06
  • Section: 23
  • Parcel: 000-04-23-376-002-00
  • Meridian: SEC 23 TWN 01S RNG 01E
  • Municipality: HENRIETTA TWP
  • Latitude: 42.3654
  • Longitude: -84.2803

    Address

  • Full Address: 9024 Sayers Rd
  • Address - House Number: 9024
  • Address - Street Name: Sayers
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Munith
  • Carrier Code: R091
  • 4-Digit Zip Code: 9011
  • Zip Code: 49259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,670
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4727
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 5
  • Final Value: 116,008
  • High Value: 170,855
  • Low Value: 61,160

    Market Valuation

  • Market Total Value: $87,200
  • Market Land Value: $87,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,600
  • Assessed Land Value: $43,600

    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 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: DAVID M. ALLARD, SPROAT REALTY PROFESSIONALS
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25009684
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 9024 Sayers Road built and last sold?
The property at 9024 Sayers Road was built in 1858 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9024 Sayers Road is $0.
What are some comparable homes to 9024 Sayers Road?
There are currently no comparable homes to 9024 Sayers Road.
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