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Vandercook Lake 49203
135 Park Drive
$87,300
● House - Off Market

135 Park Drive

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
821 Ft²
$94,768
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Updated bungalow in Vandercook Lake school district! This gem has new carpet and paint throughout. It has a large fenced in backyard with plenty of room for entertaining. Property includes a small parcel across the street with access to Grand River. Come bring your kayaks or canoes or just sit on the front porch and enjoy the view. This home won't last long at this price!
Unit Size
821 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$110
Property Type
House
Property Taxes
$85
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: 3 years ago (MichRIC MLS #21106746)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Sep 17, 2021 Listed by GOOD EARTH REAL ESTATE, LLC $90,000
Listed by GOOD EARTH REAL ESTATE, LLC

Property Highlights

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: 821
  • Garage Type: 7
  • Garage Square Area: 564
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,403
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 350
  • Total Building Area: 821
  • Building Area: 821
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 821
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECORDS SUBDIVISION
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 20 AND THAT PART OF LOT 26 LYING BETWEEN THE ELY AND WLY LNS OF SD LOT 20 EXTENDED NLY ACROSS SD LOT 26 SECORD'S

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 435-13-14-329-018-00
  • Lot: 20,26
  • Municipality: SUMMIT TWP
  • Latitude: 42.2084
  • Longitude: -84.3974

    Address

  • Full Address: 135 Park Dr
  • Address - House Number: 135
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C047
  • 4-Digit Zip Code: 5414
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $104,704
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 83,485
  • High Value: 92,578
  • Low Value: 74,392

    Market Valuation

  • Market Total Value: $91,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,800

    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

Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: ADRIENNE ROSE, GOOD EARTH REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21106746
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 135 Park Drive built and last sold?
The property at 135 Park Drive 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 135 Park Drive is $0.
What are some comparable homes to 135 Park Drive?
There are currently no comparable homes to 135 Park Drive.
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