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Jackson 49202
2228 Lansing Avenue
$145,000
● House - Off Market

2228 Lansing Avenue

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,174 Ft²
$834
Est. Monthly
12.82%
Cap Rate

About This Property

Fantastic 3 bedroom home in Northwest schools on over 1/2 acre of property. Home features a newer kitchen, updated bath and freshly painted interior. Hardwood floor. Newer laminate flooring.  High efficiency furnace, 2 car garage fenced back yard. Raspberry bushes.  B dry system in basement. Home has been lovingly maintained and cared for. ZONED C-2

possible at home business. Call me today for your private showing.
Unit Size
2,174 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$69
Property Type
House
Property Taxes
$98
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 #24025756)

Price History

Date / Event Date Event Price
Jun 21, 2024 Sold
Premium
Sold
May 28, 2024 In contract -
In contract
May 23, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $149,900
Listed by RE/MAX MID-MICHIGAN R.E.
Apr 22, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 748
  • Garage Type: 7
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,346
  • Lot Size Depth Feet: 3,387
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,087
  • Building Area: 1,087
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,087
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LITTLE KNOLLS FARMS #1
  • Land Acres: 0000000513
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 156 LITTLE KNOLLS FARMS NO. 1

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005700

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-27-127-014-00
  • Lot: 156
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2745
  • Longitude: -84.4146

    Address

  • Full Address: 2228 Lansing Ave
  • Legal Unit: 156
  • Address - House Number: 2228
  • Address - Street Name: Lansing
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C012
  • 4-Digit Zip Code: 1641
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,505
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 131,137
  • High Value: 164,118
  • Low Value: 98,156

    Market Valuation

  • Market Total Value: $93,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2005
  • Current Sale Recording Date: Apr 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2393528
  • Previous Sale Recording Date: Nov 01, 1984
  • Previous Sale Contract Date: Nov 01, 1984
  • 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: RHONDA S APPLEGATE, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24025756
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 2228 Lansing Avenue built and last sold?
The property at 2228 Lansing Avenue was built in and last sold on Apr 22, 2005 for $18,500.
How much is this home worth?
The estimated value of the home located at 2228 Lansing Avenue is $160,108.
What are some comparable homes to 2228 Lansing Avenue?
There are currently no comparable homes to 2228 Lansing Avenue.
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