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Jackson 49203
235 Lumley Avenue
$215,000
● House - Off Market

235 Lumley Avenue

Jackson, MI 49203
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,968 Ft²
$1,191
Est. Monthly
15.43%
Cap Rate
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$109
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1957

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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: 2 years ago (MichRIC MLS #25008696)

Price History

Date / Event Date Event Price
Mar 10, 2025 Sold
Premium
Sold
Jan 31, 2025 Listed by ERA REARDON REALTY, L.L.C. $215,000
Listed by ERA REARDON REALTY, L.L.C.
Jan 18, 2018 Sold
Premium
Sold
Oct 24, 2017 Listed by ERA REARDON REALTY, L.L.C. $138,500
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • 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: 960
  • 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: 21,780
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEACEFUL VISTA FARMS
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 45 PEACEFUL VISTA FARMS SEC 32 T2S R1E

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006101

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-32-402-007-00
  • Lot: 45
  • Meridian: SEC 32 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2512
  • Longitude: -84.3349

    Address

  • Full Address: 235 Lumley Ave
  • Legal Unit: 45
  • Address - House Number: 235
  • Address - Street Name: Lumley
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C012
  • 4-Digit Zip Code: 2413
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $100,565
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 195,180
  • High Value: 240,798
  • Low Value: 149,561

    Market Valuation

  • Market Total Value: $146,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,438

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2018
  • Current Sale Recording Date: Jan 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2786763
  • Previous Sale Recording Date: May 01, 1993
  • Previous Sale Contract Date: May 01, 1993
  • 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

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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: Jodi Burns, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25008696
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 235 Lumley Avenue built and last sold?
The property at 235 Lumley Avenue was built in 1957 and last sold on Jan 12, 2018 for $135,000.
How much is this home worth?
The estimated value of the home located at 235 Lumley Avenue is $214,819.
What are some comparable homes to 235 Lumley Avenue?
There are currently no comparable homes to 235 Lumley Avenue.
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