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Vandercook Lake 49203
309 Parkway Street
$432,500
● House - Off Market

309 Parkway Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$2,617
Est. Monthly
3.44%
Cap Rate

About This Property

Built in 2004, this home features 3 bedrooms, 2 full baths on all sports Vandercook Lake.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$361
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
2004

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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 #24046248)

Price History

Date / Event Date Event Price
Aug 15, 2024 Sold
Premium
Sold
May 24, 2024 Listed by NON-MEMBER REALTOR 'LIST' $450,000
Listed by NON-MEMBER REALTOR 'LIST'
Aug 21, 2014 Sold
Premium
Sold
Apr 2, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 490
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAGUE PARK
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NE COR OF LOT 149 TH S ALG W LN OF 1ST ST IN HAGUE PARK EXTENDED S 730.3 FT TO SHORE OF VANDERCOOK LAKE TH S 52%52'E

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 230-13-23-386-082-00
  • Lot: 117,149
  • Municipality: SUMMIT TWP
  • Latitude: 42.1942
  • Longitude: -84.3985

    Address

  • Full Address: 309 Parkway St
  • Address - House Number: 309
  • Address - Street Name: Parkway
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C045
  • 4-Digit Zip Code: 5851
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $309,763
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 337,417
  • High Value: 422,276
  • Low Value: 252,557

    Market Valuation

  • Market Total Value: $393,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2014
  • Current Sale Recording Date: Aug 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2690607
  • Previous Sale Recording Date: Apr 02, 2004
  • Previous Sale Contract Date: Oct 15, 2002
  • Previous Sale Amount: $135,000
  • 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 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

Currently no nearby rentals
MichRIC

Listed by: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24046248
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 309 Parkway Street built and last sold?
The property at 309 Parkway Street was built in 2004 and last sold on Aug 15, 2014 for $206,000.
How much is this home worth?
The estimated value of the home located at 309 Parkway Street is $441,432.
What are some comparable homes to 309 Parkway Street?
There are currently no comparable homes to 309 Parkway Street.
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