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Jackson 49201
2662 GILLETTS LAKE RD
$105,700
● House - Off Market

2662 GILLETTS LAKE RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$187,866
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Secluded ranch home with partially finished walkout basement in East Jackson Schools.  Great commuter location, only minutes from I-94.  Large barn, plus attached 2.5 car garage.  Disclosures: Property is connected to a well and septic systems. Any required well and septic repairs will be the buyers expense. Repairs: Repair siding and door.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$65
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
2001

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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 #21076406)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by PRODUCTION REALTY $249,900
Listed by PRODUCTION REALTY
May 20, 2016 Sold
Premium
Sold
Feb 3, 2016 Sold
Premium
Sold
Dec 1, 2015 Listed by PRODUCTION REALTY $139,900
Listed by PRODUCTION REALTY
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,344
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,011
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILLETTS LAKE
  • Land Acres: 0000001194
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 5 GILLETT'S LAKE GARDENS NO. 1 SEC 27 T2S R1E

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-27-153-016-02
  • Lot: 5
  • Meridian: SEC 27 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2716
  • Longitude: -84.3052

    Address

  • Full Address: 2662 Gilletts Lake Rd
  • Legal Unit: 5
  • Address - House Number: 2662
  • Address - Street Name: Gilletts Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 7615
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,124
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 326,444
  • High Value: 388,186
  • Low Value: 264,703

    Market Valuation

  • Market Total Value: $297,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,615

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2896119
  • Previous Sale Recording Date: Feb 03, 2016
  • Previous Sale Contract Date: Jan 22, 2015
  • Previous Sale Amount: $146,000
  • 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:

$233,950

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1881 ft²

Average Home Age

74.7 years

Currently For Sale

416 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: BEN LATOCKI, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21076406
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 2662 Gilletts Lake Road built and last sold?
The property at 2662 Gilletts Lake Road was built in 2001 and last sold on Sep 28, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 2662 Gilletts Lake Road is $0.
What are some comparable homes to 2662 Gilletts Lake Road?
There are currently no comparable homes to 2662 Gilletts Lake Road.
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