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Vandercook Lake 49203
119 Bagg Avenue
$98,000
● House - Off Market

119 Bagg Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
932 Ft²
$631
Est. Monthly
25.21%
Cap Rate

About This Property

This 3-bedroom, 1-bath home in a friendly, small lake community is ready for your personal touch! Featuring a full basement, large lot, 2 storage sheds and an attached one-car garage, this property offers both comfort and convenience  Newer roof, Furnace and AC. With some cosmetic updating, this home can shine like new! So whether you're looking for a starter home or a project with great potential, this property is a must-see!
Unit Size
932 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$118
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
1945

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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 #25001808)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Premium
Sold
Jan 27, 2025 In contract -
In contract
Jan 15, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $109,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 932
  • Garage Type: 7
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 940
  • Total Building Area: 932
  • Building Area: 932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 932
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEVERLY HILLS
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 169 AND 170 BEVERLY HILLS

Neighborhood

  • School District Name: Vandercook Lake Public Schools
  • School Tax School District: 38020
  • Census Tract: 005100

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 105-13-23-433-100-01
  • Lot: 169-170
  • Municipality: SUMMIT TWP
  • Latitude: 42.1954
  • Longitude: -84.3858

    Address

  • Full Address: 119 Bagg Ave
  • Address - House Number: 119
  • Address - Street Name: Bagg
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C032
  • 4-Digit Zip Code: 6018
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $67,708
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 124,921
  • High Value: 156,339
  • Low Value: 93,504

    Market Valuation

  • Market Total Value: $74,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,100

    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 Vandercook Lake

Stats & Trends

Median Asking:

$209,950

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

52

Average Home Size

2005 ft²

Average Home Age

54.6 years

Currently For Sale

10 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: RHONDA S APPLEGATE, RE/MAX MID-MICHIGAN R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25001808
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 119 Bagg Avenue built and last sold?
The property at 119 Bagg Avenue was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 119 Bagg Avenue is $112,661.
What are some comparable homes to 119 Bagg Avenue?
There are currently no comparable homes to 119 Bagg Avenue.
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