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Vandercook Lake 49203
4303 Francis Street
$186,000
● House - Off Market

4303 Francis Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,536 Ft²
$178,778
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Pride in Ownership is Apparent! Well Maintained! Beautiful & Affordable! 2 Story 3 bedroom 1 1/2 bath Home in VANDERCOOK Lake SCHOOLS! Extensive use of Tile Flooring in this home! Vinyl Replacement Windows, Roof replaced in 2014, Hardwood floors under carpet! Fabulous 3 season room with gas stove to take the chill off if necessary! Formal living with gas stove and Formal Dining room! Lots of storage! Features a walk up attic with lots ability to handle your storage needs! Beautiful fenced Yard, Nicely Landscaped! Shed & room to build a garage if desired! Window Air but forced air furnace so central air can easily be installed! Convenient to Stores, Schools & recreation at Vandercook Lake! You won't fine a nicer well maintained home and yard for this price! Don't miss out on this one!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$117
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
1927

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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 #23127662)

Price History

Date / Event Date Event Price
Sep 21, 2023 Sold
Premium
Sold
Aug 23, 2023 Listed by The Charles Reinhart Company $179,900
Listed by The Charles Reinhart Company

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,023
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 940
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW HEIGHTS
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT A PT 33 FT W AND 126 FT N OF NW COR OF LOT 1 GOLFSIDE TERRACE TH N ALG ELY LN OF FRANCIS ST 94 FT TO S LN OF MEADOW

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: 000-13-23-156-100-00
  • Lot: 1-2
  • Meridian: SEC 23 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.2001
  • Longitude: -84.4008

    Address

  • Full Address: 4303 Francis St
  • Legal Unit: 1,1,2
  • Address - House Number: 4303
  • Address - Street Name: Francis
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C047
  • 4-Digit Zip Code: 5720
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,894
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 186,647
  • High Value: 206,976
  • Low Value: 166,319

    Market Valuation

  • Market Total Value: $119,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,800

    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 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

Rentals Near You

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MichRIC

Listed by: Bruce A Maxson, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23127662
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 4303 Francis Street built and last sold?
The property at 4303 Francis Street was built in 1927 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4303 Francis Street is $184,499.
What are some comparable homes to 4303 Francis Street?
There are currently no comparable homes to 4303 Francis Street.
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