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Jackson 49201
2993 Valley View Road
$160,000
● House - Off Market

2993 Valley View Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,386 Ft²
$886
Est. Monthly
17.61%
Cap Rate

About This Property

Great Summit Twp/Vandercook Lake area find!! This 3 bdrm, 1 bath home has been owned by the same family for many years & reflects the care they have given the home over the years! Spacious Living Rm, open to the Kitchen makes the home feel much larger than it it. Newer furnace with central air, updated bathroom, attached garage w/space for storage or small work area is a big plus! Fenced backyard is perfect for pets or gardening. The pictures really do show the potential that this affordably priced home offers!
Unit Size
1,386 Ft²
Days on Market
48 days
Land Size
0.16 acres
Price per sqft
$112
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
1950

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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: 2 years ago (MichRIC MLS #25016015)

Price History

Date / Event Date Event Price
Jun 4, 2025 Sold
Premium
Sold
Apr 25, 2025 In contract -
In contract
Apr 17, 2025 Listed by ERA REARDON REALTY, L.L.C. $155,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,839
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERT HERNDONS GARDEN CITY ESTATES
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SE COR OF SEC 26 TH N ALG E SEC LN 282.97 FT TH W 173.49 FT TO A PT WH IS PL OF BEG OF THIS DESCN TH W 60 FT TH N

Neighborhood

  • School District Name: Vandercook Lake Public Schools
  • School Tax School District: 38020
  • Census Tract: 005100

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 000-13-26-451-067-00
  • Lot: 81
  • Meridian: SEC 26 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.1759
  • Longitude: -84.3846

    Address

  • Full Address: 2993 Valley View Rd
  • Legal Unit: 81
  • Address - House Number: 2993
  • Address - Street Name: Valley View
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R011
  • 4-Digit Zip Code: 8736
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $61,553
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 129,740
  • High Value: 154,428
  • Low Value: 105,052

    Market Valuation

  • Market Total Value: $85,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,700

    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: TIMOTHY J ATKINS, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25016015
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 2993 Valley View Road built and last sold?
The property at 2993 Valley View Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2993 Valley View Road is $159,101.
What are some comparable homes to 2993 Valley View Road?
There are currently no comparable homes to 2993 Valley View Road.
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