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Jackson 49201
1566 CUNNINGHAM
$75,000
● House - Off Market

1566 CUNNINGHAM

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,240 Ft²
$161,841
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Remarkable LAND CONTRACT opportunity in Northwest School District.  This home features 2 bedroom, a bonus room, gas fireplace, 2.5 car attached garage and enormous yard with deck for entertaining.  Yard is landscaped well.  Land contract to qualified buyer; contact list agent for details and your private tour.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$60
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
-

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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 #21067379)

Price History

Date / Event Date Event Price
Oct 3, 2019 Sold
Premium
Sold
Aug 27, 2019 Listed by BNR Real Estate Group $110,000
Listed by BNR Real Estate Group
Sep 27, 2012 Sold
Premium
Sold
Jun 27, 2012 Listed by BNR Real Estate Group $75,000
Listed by BNR Real Estate Group
May 24, 2005 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • 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: 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: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SE COR OF NE 1/4 OF NW 1/4 OF SEC 16 TH W ALG N 1/8 LN 900 FT TO A PT WH IS THE PL OF BEG OF THIS DESCN TH N PAR WITH

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005602

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-16-126-008-00
  • Meridian: SEC 16 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3024
  • Longitude: -84.4367

    Address

  • Full Address: 1566 Cunningham Rd
  • Address - House Number: 1566
  • Address - Street Name: Cunningham
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 8601
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $82,002
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 184,695
  • High Value: 227,190
  • Low Value: 142,200

    Market Valuation

  • Market Total Value: $131,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2833023
  • Previous Sale Recording Date: May 24, 2005
  • Previous Sale Contract Date: May 18, 2005
  • Previous Sale Amount: $117,500
  • 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

Rentals Near You

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MichRIC

Listed by: Doug Beiswanger, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21067379
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 1566 Cunningham Road built and last sold?
The property at 1566 Cunningham Road was built in and last sold on Sep 30, 2019 for $116,000.
How much is this home worth?
The estimated value of the home located at 1566 Cunningham Road is $115,683.
What are some comparable homes to 1566 Cunningham Road?
There are currently no comparable homes to 1566 Cunningham Road.
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