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Jackson 49201
2690 GILLETTS LAKE RD
$75,000
● House - Off Market

2690 GILLETTS LAKE RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,144 Ft²
$118,393
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Large 3 bedroom 2 full bath ranch in East Jackson schools. 2 additional nonconforming bedrooms in the finished basement. Within minutes to public lake, expressways and restaurants.
Unit Size
2,144 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$31
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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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 #21075177)

Price History

Date / Event Date Event Price
Jun 9, 2015 Sold
Premium
Sold
Dec 10, 2014 Listed by HOWARD HANNA REAL ESTATE SERVI $66,500
Listed by HOWARD HANNA REAL ESTATE SERVI
May 6, 2014 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 5
  • 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: 1,144
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,927
  • Lot Size Depth Feet: 2,356
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILLETTS LAKE GARDENS #1
  • Land Acres: 0000001238
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 4 GILLETT'S LAKE GARDENS NO. 1 SEC 27 T2S R1E 1.24A +/

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: 000-09-27-153-016-01
  • Lot: 4
  • Meridian: SEC 27 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2722
  • Longitude: -84.305

    Address

  • Full Address: 2690 Gilletts Lake Rd
  • Legal Unit: 4
  • Address - House Number: 2690
  • 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: $194,739
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 227,703
  • High Value: 280,094
  • Low Value: 175,313

    Market Valuation

  • Market Total Value: $216,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,254

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2015
  • Current Sale Recording Date: Jun 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2713366
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Apr 30, 2014
  • Previous Sale Amount: $111,943
  • Previous Sale Document Type: 64
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

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MichRIC

Listed by: MARY L LYONS, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21075177
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 2690 Gilletts Lake Road built and last sold?
The property at 2690 Gilletts Lake Road was built in 1956 and last sold on Jun 3, 2015 for $75,000.
How much is this home worth?
The estimated value of the home located at 2690 Gilletts Lake Road is $0.
What are some comparable homes to 2690 Gilletts Lake Road?
There are currently no comparable homes to 2690 Gilletts Lake Road.
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