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Vandercook Lake 49203
1653 Foye Drive
$249,900
● House - Off Market

1653 Foye Drive

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,450 Ft²
$1,458
Est. Monthly
9.94%
Cap Rate

About This Property

Move-In Ready Brick Ranch In Prime Location, welcome to this beautifully maintained, 3- bedroom, 2 bath home, offering 1450 Sq ft of stylish, single level living, inviting open-concept floor plan, nice kitchen with appliances, dining bar, nice formal dining space,-gleaming hard wood floors, Enjoy year round comfort in three-season room, spacious finished basement with large open family/rec room. Stool and wash tub in the utility room, shelves for storage, Neat & Clean 2.5 car garage has a freshly painted floor, Enjoy outdoor living on the stamped concrete patio, fenced backyard, Nice Newer Shed on side of house, Quiet neighborhood close to shopping, parks, dining, schools and 127 South, Don't miss the chance to make it yours!
Unit Size
2,450 Ft²
Days on Market
45 days
Land Size
0.41 acres
Price per sqft
$102
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1963

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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 #25028799)

Price History

Date / Event Date Event Price
Jul 31, 2025 Sold
Premium
Sold
Jul 8, 2025 In contract -
In contract
Jun 16, 2025 Listed by ERA REARDON REALTY, L.L.C. $249,900
Listed by ERA REARDON REALTY, L.L.C.
Jun 9, 2017 Sold
Premium
Sold
Apr 14, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,450
  • Garage Type: 7
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST OF DUGUID HEIGHTS EXTENSION #1
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022.

Neighborhood

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

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 171-13-14-479-006-00
  • Lot: 22
  • Municipality: SUMMIT TWP
  • Latitude: 42.2063
  • Longitude: -84.3871

    Address

  • Full Address: 1653 Foye Dr
  • Legal Unit: 22,22
  • Address - House Number: 1653
  • Address - Street Name: Foye
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C047
  • 4-Digit Zip Code: 5499
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,533
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 228,116
  • High Value: 281,433
  • Low Value: 174,800

    Market Valuation

  • Market Total Value: $171,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2771611
  • Previous Sale Recording Date: Jul 27, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $34,200
  • Previous Sale Document Type: 55
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

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MichRIC

Listed by: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25028799
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 1653 Foye Drive built and last sold?
The property at 1653 Foye Drive was built in 1963 and last sold on Apr 14, 2017 for $148,500.
How much is this home worth?
The estimated value of the home located at 1653 Foye Drive is $0.
What are some comparable homes to 1653 Foye Drive?
There are currently no comparable homes to 1653 Foye Drive.
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