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Jackson 49202
3415 Gypsy Lane
$175,000
● House - Off Market

3415 Gypsy Lane

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,048 Ft²
$991
Est. Monthly
15.56%
Cap Rate

About This Property

Charming and well-maintained 3-bedroom ranch with updates throughout! Step into the inviting enclosed four-season front room-filled with natural light from abundant windows, perfect for year-round enjoyment. Inside, you'll find brand-new carpet throughout and a refreshed kitchen featuring updated cabinets and countertops. A lovely deck off the kitchen overlooks the spacious backyard, complete with a storage shed for added convenience. The detached 2-car garage offers additional space for parking or storage. Ideally located close to highways, restaurants, and shopping-this move-in ready home offers comfort and accessibility!
Unit Size
1,048 Ft²
Days on Market
26 days
Land Size
0.15 acres
Price per sqft
$167
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1930

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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 #25020122)

Price History

Date / Event Date Event Price
Jun 2, 2025 Sold
Premium
Sold
May 10, 2025 In contract -
In contract
May 7, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $175,000
Listed by RE/MAX MID-MICHIGAN R.E.
Aug 27, 2018 Sold
Premium
Sold
Aug 13, 2018 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • 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: 920
  • 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: 6,621
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GUNNISON GARDENS
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 40 GUNNISON GARDENS SEC 30 T2S R1E

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: 000-09-30-403-010-00
  • Lot: 40
  • Meridian: SEC 30 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2674
  • Longitude: -84.3554

    Address

  • Full Address: 3415 Gypsy Ln
  • Legal Unit: 40
  • Address - House Number: 3415
  • Address - Street Name: Gypsy
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: C017
  • 4-Digit Zip Code: 2639
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $64,210
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2735
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 60
  • Final Value: 126,567
  • High Value: 161,188
  • Low Value: 91,946

    Market Valuation

  • Market Total Value: $86,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,394

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2018
  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2804890
  • Previous Sale Recording Date: Aug 24, 2017
  • Previous Sale Contract Date: Aug 16, 2017
  • Previous Sale Amount: $92,763
  • 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

Rentals Near You

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MichRIC

Listed by: KIRSTEN N KNUEPPEL-MOGLE, RE/MAX MID-MICHIGAN R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25020122
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 3415 Gypsy Lane built and last sold?
The property at 3415 Gypsy Lane was built in 1930 and last sold on Aug 23, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 3415 Gypsy Lane is $175,760.
What are some comparable homes to 3415 Gypsy Lane?
There are currently no comparable homes to 3415 Gypsy Lane.
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