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Jackson 49241
9908 Rountree Road
$87,500
● Land - Off Market

9908 Rountree Road

Horton, MI 49246
bedrooms
Studio
bathrooms
0 Bath
$97,725
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Large pole barn with partially built apt. some building materials are present, primitive bath, Septic, well, natural gas at street
Unit Size
-
Days on Market
-
Land Size
3.58 acres
Price per sqft
-
Property Type
Land
Property Taxes
$100
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (MichRIC MLS #21095047)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Jul 14, 2021 Listed by HOWARD HANNA REAL ESTATE SERVI $94,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Jan 8, 2002 Sold
Premium
Sold
Aug 19, 1996 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 155,901
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003579
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SW COR OF SEC 16 TH E 1324.94 FT TO CEN LN OF ROUNDTREE RD TH N 0%57'30''W 175 FT TO A PT FOR PL OF BEG OF THIS DESCN

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS 3-14C
  • District: 05
  • Parcel: 000-17-16-351-001-04
  • Meridian: SEC 16 TWN 04S RNG 02W
  • Municipality: HANOVER TWP
  • Latitude: 42.1161
  • Longitude: -84.5528

    Address

  • Full Address: 9908 Rountree Rd
  • Address - House Number: 9908
  • Address - Street Name: Rountree
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9682
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $27,741
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 87
  • Final Value: 91,863
  • High Value: 102,440
  • Low Value: 81,285

    Market Valuation

  • Market Total Value: $57,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,700

    Sales

  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 08, 2002
  • Previous Sale Contract Date: Aug 22, 1996
  • Previous Sale Amount: $27,500
  • 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

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MichRIC

Listed by: LORI HAUETER, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095047
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 9908 Rountree Road built and last sold?
The property at 9908 Rountree Road was built in and last sold on Jan 1, 1970 for $87,500.
How much is this home worth?
The estimated value of the home located at 9908 Rountree Road is $0.
What are some comparable homes to 9908 Rountree Road?
There are currently no comparable homes to 9908 Rountree Road.
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