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Vandercook Lake 49203
1658 Gary Paul Lane
$229,900
● House - Off Market

1658 Gary Paul Lane

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,320 Ft²
$1,296
Est. Monthly
7.48%
Cap Rate

About This Property

Pristine original owner 3BR/2BA Ranch home in popular subdivision in Vandercook Lake! Enter in via New Trex Deck on front of home to large living room that opens to dining room, kitchen w/pantry, 3 BR's & updated full bath, deck overlooking a private wooded backyard.  Attached 2.5 Car Garage. A fully finished basement w/rec room family room open to 3 season room, full bath, storage room, utility room, workshop w/built in wall safe & laundry room w/folding table , double wash tubs & freezer.  Updates include: Roof (10 years), front Trex Deck (2023), new concrete drive (2023), Central Air (2015), Furnace (2019). Windows replaced in 1990's.  Pride of ownership shines throughout!  Hardwood floors under carpet in LR, BR's & hallway on main level.
Unit Size
2,320 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$99
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1964

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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 #24028848)

Price History

Date / Event Date Event Price
Jul 23, 2024 Sold
Premium
Sold
Jun 17, 2024 In contract -
In contract
Jun 7, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $229,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,232
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUGUID HEIGHTS
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE WLY 10 FT OF LOT 47 AND ENTIRE LOT 48 DUGUID HEIGHTS EXTENSION NO 2 AND A RE-SUBDIVISION OF LOTS NO 27, 28, 29 AND 30 OF

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: 172-13-14-482-009-00
  • Lot: 47-48
  • Municipality: SUMMIT TWP
  • Latitude: 42.2076
  • Longitude: -84.3867

    Address

  • Full Address: 1658 Gary Paul Ln
  • Address - House Number: 1658
  • Address - Street Name: Gary Paul
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: C047
  • 4-Digit Zip Code: 5411
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $127,873
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 183,317
  • High Value: 229,420
  • Low Value: 137,213

    Market Valuation

  • Market Total Value: $138,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,000

    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: HEATHER HERNDON, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24028848
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 1658 Gary Paul Lane built and last sold?
The property at 1658 Gary Paul Lane was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1658 Gary Paul Lane is $0.
What are some comparable homes to 1658 Gary Paul Lane?
There are currently no comparable homes to 1658 Gary Paul Lane.
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