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Hillsdale
9111 Murrey Road
$58,000
● House - Off Market

9111 Murrey Road

Jerome, MI 49249
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$61,207
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This property is SOLD.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$36
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1897

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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 #22048871)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Nov 21, 2022 Listed by Playford Real Estate $58,000
Listed by Playford Real Estate
Jul 5, 2017 Sold
Premium
Sold
May 23, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 7
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 929
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 348,480
  • Total Building Area: 929
  • Gross Building Area: 1,265
  • Building Area: 929
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 929
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: False
  • Land Acres: 0000008000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W1/2 S1/2 SW1/4 SW1/4 EXC COM 125 FT N OF SW COR TH N 200 FT TH E 435.6 FT TH S 200 FT TH W 435.6 FT TO POB SEC 17 T5S R1W 8

Neighborhood

  • School District Name: North Adams-Jerome Schools
  • Census Tract: 050100

Zoning

  • Zoning: AG1

Geography

  • District: 04
  • Parcel: 04-017-300-006-17-5-1
  • Meridian: SEC 17 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0307
  • Longitude: -84.459

    Address

  • Full Address: 9111 Murrey Rd
  • Address - House Number: 9111
  • Address - Street Name: Murrey
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jerome
  • Carrier Code: R041
  • 4-Digit Zip Code: 9860
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,411

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Nov 09, 2022
  • Confidence Score: 74
  • Final Value: 125,480
  • High Value: 141,752
  • Low Value: 109,207

    Market Valuation

  • Market Total Value: $109,581
  • Market Land Value: $56,667
  • Market Improvement Value: $52,914

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,850

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 23, 2000
  • Previous Sale Contract Date: May 23, 2000
  • Previous Sale Amount: $33,500
  • Previous Sale Document Type: 27
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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: Tjay Fitton, Playford Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 22048871
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 9111 Murrey Road built and last sold?
The property at 9111 Murrey Road was built in 1897 and last sold on Jun 30, 2017 for $50,000.
How much is this home worth?
The estimated value of the home located at 9111 Murrey Road is $0.
What are some comparable homes to 9111 Murrey Road?
There are currently no comparable homes to 9111 Murrey Road.
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