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Jackson 49201
3638 Sassafras Drive
$325,000
● House - Off Market

3638 Sassafras Drive

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,532 Ft²
$1,921
Est. Monthly
14.31%
Cap Rate

About This Property

You can't believe all that this Quad-level offers. Large open kitchen, formal dining, laundry with tons of storage, living room with fireplace, upper level has main bath, 2 bedrooms and Primary bedroom with full bath. Lower level is large rec room with fireplace, office/bedroom and full bath. Basement is very large with lots of potential (Ayers b-dry system). Backyard has big deck with covered gazebo and shed backs up to 1.3 acres of woods (this extra lot included in sale) Home has attached 2 car garage and detached 2.5 car garage. Updates since 2017:  roof, well, ayers b-dry system, furnace, hot water heater, softener, reverse osmosis, faucets, door handles, appliances, exterior paint, lighting & fixtures.
Unit Size
2,532 Ft²
Days on Market
-
Land Size
2.10 acres
Price per sqft
$128
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1977

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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: 2 years ago (MichRIC MLS #23144411)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Dec 9, 2023 Listed by SPROAT REALTY PROFESSIONALS $325,000
Listed by SPROAT REALTY PROFESSIONALS
Jul 23, 2015 Sold
Premium
Sold
May 11, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 972
  • Garage Type: 7
  • Garage Square Area: 1,156
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,320
  • Lot Size Depth Feet: 2,157
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILLER ACRES #2
  • Land Acres: 0000000719
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 26 MILLER ACRES NO. 2

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005602

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-17-126-003-00
  • Lot: 26
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3054
  • Longitude: -84.4573

    Address

  • Full Address: 3638 Sassafras Dr
  • Legal Unit: 26
  • Address - House Number: 3638
  • Address - Street Name: Sassafras
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 9059
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $186,099
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 322,871
  • High Value: 358,661
  • Low Value: 287,081

    Market Valuation

  • Market Total Value: $292,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2015
  • Current Sale Recording Date: Jul 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2717051
  • Previous Sale Recording Date: May 11, 2000
  • Previous Sale Contract Date: May 05, 2000
  • Previous Sale Amount: $159,000
  • 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 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: MELISSA M. VANDERCOOK, SPROAT REALTY PROFESSIONALS
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23144411
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 3638 Sassafras Drive built and last sold?
The property at 3638 Sassafras Drive was built in 1977 and last sold on Jul 15, 2015 for $205,000.
How much is this home worth?
The estimated value of the home located at 3638 Sassafras Drive is $329,619.
What are some comparable homes to 3638 Sassafras Drive?
There are currently no comparable homes to 3638 Sassafras Drive.
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