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Michigan Center 49203
4122 Mc Arthur Road
$176,000
● House - Off Market

4122 Mc Arthur Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,124 Ft²
$1,140
Est. Monthly
8.17%
Cap Rate

About This Property

Move right into this newly renovated 3 bedroom ranch in Michigan Center schools, perched on a large hilltop lot complete with a 2 car garage! Lovely finishes upstairs where you can spend cozy nights by the fire in this beautiful layout, or use the full basement however you please with room to spare! All loan types considered!
Unit Size
1,124 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$169
Property Type
House
Property Taxes
$207
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: 3 years ago (MichRIC MLS #23144439)

Price History

Date / Event Date Event Price
Feb 5, 2024 Sold
Premium
Sold
Dec 9, 2023 Listed by HOWARD HANNA REAL ESTATE SERVI $189,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 28, 2006 Sold
Premium
Sold
Mar 31, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 1,124
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,124
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW HEIGHTS
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT W 1/4 POST OF SEC 5 TH S88?35'E ALG E&W 1/4 LN 1260.85 FT TH N1?25'E ALG CEN OF BALDWIN AVE 750 FT TO CEN OF MC ARTHUR

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006101

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-14-05-152-009-00
  • Lot: 78
  • Meridian: SEC 05 TWN 03S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2427
  • Longitude: -84.3386

    Address

  • Full Address: 4122 Mcarthur Rd
  • Legal Unit: 78
  • Address - House Number: 4122
  • Address - Street Name: Mcarthur
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C012
  • 4-Digit Zip Code: 2418
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $77,564
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 126,480
  • High Value: 140,525
  • Low Value: 112,435

    Market Valuation

  • Market Total Value: $137,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2006
  • Current Sale Recording Date: Apr 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2437567
  • Previous Sale Recording Date: Mar 31, 1998
  • Previous Sale Contract Date: Mar 31, 1998
  • Previous Sale Amount: $85,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23144439
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 4122 Mc Arthur Road built and last sold?
The property at 4122 Mc Arthur Road was built in 1930 and last sold on Jan 20, 2006 for $145,000.
How much is this home worth?
The estimated value of the home located at 4122 Mc Arthur Road is $0.
What are some comparable homes to 4122 Mc Arthur Road?
There are currently no comparable homes to 4122 Mc Arthur Road.
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