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Michigan Center 49201
3201 Hoyer Road
$205,000
● House - Off Market

3201 Hoyer Road

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,770 Ft²
$1,027
Est. Monthly
5.55%
Cap Rate

About This Property

HIGHEST & BEST Due by Monday April 29th at 11:am! Michigan Center, ''home of the chain of lakes'', with public boat launches for all summer fun!   This two bedroom home has a finished basement and a great spacious three season porch that overlooks the fenced in backyard.   Beautiful kitchen with tile backsplash and all appliances are included.  Hardwood floors in the bedrooms and main living area.  The living room has an enchanting bay window across the front.  Laundry is currently on the first floor, but could be moved back to the basement.  Attached one car garage plus an extra 2+ garage with electric, heat and plumbed for a half bath.  (Pool table stays with the home.)
Unit Size
1,770 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$103
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1975

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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: 3 years ago (MichRIC MLS #24019685)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
Apr 24, 2024 Listed by Val Stover Real Estate Team $182,000
Listed by Val Stover Real Estate Team

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 7
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 990
  • Total Building Area: 850
  • Building Area: 850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S 99 FT OF N 537.04 FT OF W 132 FT OF THAT PART OF NE 1/4 OF NE 1/4 LYING E OF E LN OF HOYER RD SEC 17 T3S R1E .3A +/

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006102

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-14-17-230-008-00
  • Meridian: SEC 17 TWN 03S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2172
  • Longitude: -84.3313

    Address

  • Full Address: 3201 Hoyer Rd
  • Address - House Number: 3201
  • Address - Street Name: Hoyer
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R019
  • 4-Digit Zip Code: 8420
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $95,030
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 192,585
  • High Value: 241,020
  • Low Value: 144,150

    Market Valuation

  • Market Total Value: $171,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,517

    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 Michigan Center

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1550 ft²

Average Home Age

94.6 years

Currently For Sale

11 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: Valerie Stover, Val Stover Real Estate Team
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24019685
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 3201 Hoyer Road built and last sold?
The property at 3201 Hoyer Road was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3201 Hoyer Road is $0.
What are some comparable homes to 3201 Hoyer Road?
There are currently no comparable homes to 3201 Hoyer Road.
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