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Vandercook Lake 49203
306 Park Avenue
$113,000
● House - Off Market

306 Park Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,472 Ft²
$115,414
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Enjoy gorgeous lake views from your 3 bedroom, 1.5 bath home in Summit Twp. Plenty of updates throughout including windows and roof in 2021. The main floor features a spacious family room with gas fireplace, dining area, kitchen with all appliances, an adjacent mud room and laundry room with half bath. The primary bedroom is a dream, complete with a full bath, including a soaking tub and separate shower.  Primary suite also features a private deck where you can enjoy the lake breeze! The exterior boasts two sheds, one is 10 x 13 and includes electric, heat and loft space, the perfect man cave or she shed!
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$76
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
1928

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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 #23001515)

Price History

Date / Event Date Event Price
Mar 30, 2023 Sold
Premium
Sold
Jan 16, 2023 Listed by RE/MAX MID-MICHIGAN R.E. $112,000
Listed by RE/MAX MID-MICHIGAN R.E.
Nov 3, 2015 Sold
Premium
Sold
Sep 28, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 1
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,267
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VANDERCOOK PARK SUBDIVISION
  • Land Acres: 0000000075
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 28 VANDERCOOK PARK SUBDIVISION

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 565-13-23-302-020-00
  • Lot: 28
  • Municipality: SUMMIT TWP
  • Latitude: 42.1947
  • Longitude: -84.4007

    Address

  • Full Address: 306 Park Ave
  • Legal Unit: 28
  • Address - House Number: 306
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C023
  • 4-Digit Zip Code: 5810
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $81,616
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 122,592
  • High Value: 135,944
  • Low Value: 109,240

    Market Valuation

  • Market Total Value: $82,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 16, 2015
  • Current Sale Recording Date: Nov 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2724521
  • Previous Sale Recording Date: Sep 28, 2015
  • Previous Sale Contract Date: Jul 20, 2015
  • Previous Sale Amount: $10,900
  • Previous Sale Document Type: 55
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 Vandercook Lake

Stats & Trends

Median Asking:

$209,950

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

52

Average Home Size

2005 ft²

Average Home Age

54.6 years

Currently For Sale

10 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: KIRSTEN N KNUEPPEL-MOGLE, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23001515
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 306 Park Avenue built and last sold?
The property at 306 Park Avenue was built in 1928 and last sold on Oct 16, 2015 for $26,900.
How much is this home worth?
The estimated value of the home located at 306 Park Avenue is $118,854.
What are some comparable homes to 306 Park Avenue?
There are currently no comparable homes to 306 Park Avenue.
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