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Jackson 49269
2557 CHAPEL RD
$54,900
● House - Off Market

2557 CHAPEL RD

Parma, MI 49269
bedrooms
3 Beds
bathrooms
2 Baths
square feet
980 Ft²
$115,273
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model
Unit Size
980 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$56
Property Type
House
Property Taxes
$69
HOA Dues
-
Year Built
-

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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: 3 years ago (MichRIC MLS #21066563)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Aug 11, 2021 No longer available -
No longer available
Aug 5, 2021 Listed by ERA REARDON REALTY, L.L.C. $65,000
Listed by ERA REARDON REALTY, L.L.C.
The manager has listed the unit size as 980 square feet.
Jun 17, 2021 Listed by ERA REARDON REALTY, L.L.C. $65,000
Listed by ERA REARDON REALTY, L.L.C.
Feb 28, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,983
  • Lot Size Depth Feet: 1,397
  • Lot Size Frontage Feet: 1,000
  • 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: SUNNY DELL TRAILER HOME SITES #2
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 50 SUNNY DELL TRAILER HOME SITES NO 2

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RM-1

Geography

  • Assessors Map Reference: MAPS 0
  • District: 15
  • Parcel: 182-12-09-301-009-00
  • Lot: 50
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.225
  • Longitude: -84.5606

    Address

  • Full Address: 2557 Chapel Rd
  • Legal Unit: 50
  • Address - House Number: 2557
  • Address - Street Name: Chapel
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R063
  • 4-Digit Zip Code: 9704
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $43,959
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 88
  • Final Value: 58,710
  • High Value: 65,153
  • Low Value: 52,267

    Market Valuation

  • Market Total Value: $38,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2896736
  • Previous Sale Recording Date: Dec 12, 2002
  • Previous Sale Contract Date: Dec 03, 2002
  • Previous Sale Amount: $52,545
  • 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: LLOYD G REARDON, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21066563
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 2557 Chapel Road built and last sold?
The property at 2557 Chapel Road was built in and last sold on Oct 13, 2021 for $40,000.
How much is this home worth?
The estimated value of the home located at 2557 Chapel Road is $0.
What are some comparable homes to 2557 Chapel Road?
There are currently no comparable homes to 2557 Chapel Road.
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