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Vandercook Lake 49203
128 Sagamore Street
$210,000
● House - Off Market

128 Sagamore Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,484 Ft²
$1,121
Est. Monthly
$2
HOA / Fees
12.25%
Cap Rate

About This Property

A true gem in Summit Township! This stunning ranch has been meticulously maintained by the same owners for nearly 30 years and it shines! Offering 3 spacious bedrooms and dual living areas, this one truly feels like home. Kitchen has been tastefully updated and features eat-space which overlooks the tiered backyard, speckled with the perfect landscaping touches. Hardwood floors through the main level welcome the sunlight, especially through the large living room windows. Recent updates include furnace and air conditioner, concrete driveway, new shed, fresh paint and increased insulation. Located just south of Ella Sharp Park and offering a short commute to US127.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$135
Property Type
House
Property Taxes
$137
HOA Dues
$2
Year Built
1958

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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 #24059398)

Price History

Date / Event Date Event Price
Dec 16, 2024 Sold
Premium
Sold
Nov 20, 2024 In contract -
In contract
Nov 14, 2024 Listed by PRODUCTION REALTY $199,900
Listed by PRODUCTION REALTY

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 1,056
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE HILLS
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 SEMINOLE HILLS

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 440-13-22-201-011-00
  • Lot: 11
  • Municipality: SUMMIT TWP
  • Latitude: 42.2008
  • Longitude: -84.4084

    Address

  • Full Address: 128 Sagamore St
  • Legal Unit: 11
  • Address - House Number: 128
  • Address - Street Name: Sagamore
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C040
  • 4-Digit Zip Code: 5360
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $103,522
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 188,019
  • High Value: 235,305
  • Low Value: 140,733

    Market Valuation

  • Market Total Value: $139,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,900

    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: Kittyanne Latocki, PRODUCTION REALTY
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24059398
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 128 Sagamore Street built and last sold?
The property at 128 Sagamore Street was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 128 Sagamore Street is $0.
What are some comparable homes to 128 Sagamore Street?
There are currently no comparable homes to 128 Sagamore Street.
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