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Vandercook Lake 49203
3609 Francis Street
$76,000
● House - Off Market

3609 Francis Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$604
Est. Monthly
18.48%
Cap Rate

About This Property

This property would make a good starter home just under 1000 ft.² Two bedrooms on the first floor and full bath. Back mudroom is a good size. The home has a detached two car garage; one side is presently being used as a workshop. Harwood floors throughout the house. There is a room in the basement being used as a bedroom.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$88
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1937

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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 #24006448)

Price History

Date / Event Date Event Price
Aug 5, 2024 Sold
Premium
Sold
Feb 7, 2024 Listed by XSell Realty $95,000
Listed by XSell Realty
Jun 15, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 9
  • Basement Area: 770
  • Garage Type: 7
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,833
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 420
  • Total Building Area: 878
  • Building Area: 878
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 878
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECORDS SUBDIVISION
  • Land Acres: 0000000088
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 SECORD'S 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: 435-13-14-328-008-00
  • Lot: 11
  • Municipality: SUMMIT TWP
  • Latitude: 42.2087
  • Longitude: -84.3984

    Address

  • Full Address: 3609 Francis St
  • Legal Unit: 11
  • Address - House Number: 3609
  • Address - Street Name: Francis
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C047
  • 4-Digit Zip Code: 5428
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $73,581
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1127
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 91,453
  • High Value: 101,763
  • Low Value: 81,142

    Market Valuation

  • Market Total Value: $89,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2010
  • Current Sale Recording Date: Jun 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2567337
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

Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Steven J Brandt, XSell Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24006448
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 3609 Francis Street built and last sold?
The property at 3609 Francis Street was built in 1937 and last sold on Jun 4, 2010 for $40,000.
How much is this home worth?
The estimated value of the home located at 3609 Francis Street is $0.
What are some comparable homes to 3609 Francis Street?
There are currently no comparable homes to 3609 Francis Street.
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