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Jackson 49201
2340 Vandemere Road
$375,000
● House - Off Market

2340 Vandemere Road

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,354 Ft²
$2,216
Est. Monthly
8.55%
Cap Rate

About This Property

STUNNING IN SUMMIT TOWNSHIP WITH ACCESS TO BROWNS LAKE. Spotless, meticulously maintained & updated 4BDRM/2.5BA home w/new furnace & AC (4yrs), whole house generator, 3 car garage, irrigation system, fenced yard & more! Private setting-no neighbors behind you for hundred of miles in one of Jackson Co most desired locations. Spacious, sun-lit rooms designed for entertaining. Large living rm w/crown molding, FP & built-in shelving. Updated kitchen-corian counters, pull-out pantry, wood floors & window sink. Owners ensuite, walk-in closet, private balcony & dual vanities w/granite counters. Finished walkout lower level. Enjoy front row wildlife views from the 3 seasons porch & Trex deck. Sprawling concrete driveway. Heated studio/home office. MUST SEE!
Unit Size
3,354 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$119
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1968

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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 #24021834)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Premium
Sold
Jul 8, 2024 In contract -
In contract
Jun 15, 2024 Price Decreased $399,900
↓ $10K (2.5%)
Price Decreased
Jun 5, 2024 Price Decreased $410,000
↓ $10K (2.4%)
Price Decreased
May 3, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $419,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 880
  • Garage Type: 7
  • Garage Square Area: 803
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,763
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 2,300
  • Building Area: 2,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VAN GIESON SUBDIVISION
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 VAN GIESON SUBDIVISION

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005201

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 570-13-28-254-011-00
  • Lot: 11
  • Municipality: SUMMIT TWP
  • Latitude: 42.185
  • Longitude: -84.4298

    Address

  • Full Address: 2340 Vandemere Rd
  • Legal Unit: 11
  • Address - House Number: 2340
  • Address - Street Name: Vandemere
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 8305
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $198,738
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 326,109
  • High Value: 408,124
  • Low Value: 244,093

    Market Valuation

  • Market Total Value: $242,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,200

    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 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: Stephanie Bosanac-Mortimer, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24021834
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 2340 Vandemere Road built and last sold?
The property at 2340 Vandemere Road was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2340 Vandemere Road is $426,448.
What are some comparable homes to 2340 Vandemere Road?
There are currently no comparable homes to 2340 Vandemere Road.
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