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Grass Lake 49240
200 Simpson Street
$372,500
● House - Off Market

200 Simpson Street

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$410,815
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Hilltop setting provides panoramic views of the lake.  Located next to boat launch and Jackson County Park.  Close to Village of Grass Lake.  Easy access to I-94, 267' of lake frontage.  800 sf pole building with electricity.  Public water/sewer.  Expansive covered porch.  Deck.  Basement
Unit Size
1,600 Ft²
Days on Market
32 days
Land Size
0.87 acres
Price per sqft
$247
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 8 months ago (MichRIC MLS #22036791)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Aug 25, 2022 Listed by Howard Hanna Real Estate $395,000
Listed by Howard Hanna Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 2
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,496
  • 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: 25,134
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 2,673
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000577
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 32 TH W ALG E&W 1/4 LN 268.4 FT; TH N 625.89 FT TO THE NW COR OF SAGER AND SIMPSON STREETS TH N 63?W

Neighborhood

  • School District Name: Grass Lake Community Schools
  • School Tax School District: 38050
  • Census Tract: 006804

Zoning

  • Zoning: R1-SIN

Geography

  • Assessors Map Reference: MAPS
  • District: 04
  • Parcel: 007-10-32-277-006-00
  • Meridian: SEC 32 TWN 02S RNG 02E
  • Municipality: GRASS LAKE VILLAGE
  • Latitude: 42.259
  • Longitude: -84.2126

    Address

  • Full Address: 200 Simpson St
  • Address - House Number: 200
  • Address - Street Name: Simpson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R047
  • 4-Digit Zip Code: 8902
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845,386
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 407,214
  • High Value: 451,566
  • Low Value: 362,862

    Market Valuation

  • Market Total Value: $317,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,900

    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 Grass Lake

Stats & Trends

Median Asking:

$294,450

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1967 ft²

Average Home Age

34.3 years

Currently For Sale

3 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: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 22036791
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 200 Simpson Street built and last sold?
The property at 200 Simpson Street was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 200 Simpson Street is $0.
What are some comparable homes to 200 Simpson Street?
There are currently no comparable homes to 200 Simpson Street.
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