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Jackson 49201
4381 Donnely Road
$430,000
● House - Off Market

4381 Donnely Road

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$2,325
Est. Monthly
2.13%
Cap Rate

About This Property

Your perfect lake retreat sits on over 140 feet of picturesque frontage on the west side of Gilletts Lake. With panoramic views of the water, the ample storage space and gas range of the kitchen, along with the cathedral ceilings and romantic gas fireplace are the hub of the home. Your primary suite boasts an impressive walk-in closet and gracious bathroom with soaking tub and walk-in shower. A second suite ensures your guests will look forward to their visit to the lake. An oversized, heated garage is the perfect workshop or rec space AND has a bathroom! The mature trees and sprawling, maintenance free, deck provide an up north feel just steps from your sandy bottom lake front. Welcome home to 4381 Donnelly Road!
Unit Size
1,456 Ft²
Days on Market
40 days
Land Size
0.22 acres
Price per sqft
$295
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1985

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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: 9 months ago (MichRIC MLS #24017336)

Price History

Date / Event Date Event Price
May 22, 2024 Sold
Premium
Sold
Apr 12, 2024 Listed by The Brokerage House $429,900
Listed by The Brokerage House
May 1, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,801
  • Lot Size Depth Feet: 690
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IVES SUBDIVISION
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 28 AND 29 IVES SUBDIVISION SEC 28 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: 000-09-28-402-029-00
  • Lot: 28-29
  • Meridian: SEC 28 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2679
  • Longitude: -84.3179

    Address

  • Full Address: 4381 Donnely Rd
  • Address - House Number: 4381
  • Address - Street Name: Donnely
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R010
  • 4-Digit Zip Code: 8872
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $164,695
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 244,768
  • High Value: 306,326
  • Low Value: 183,209

    Market Valuation

  • Market Total Value: $216,344

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,172

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 1992
  • Current Sale Recording Date: May 01, 1992
  • Current Sale Price:
    Premium
  • Current 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: JENIFER SCANLON, The Brokerage House
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 24017336
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 4381 Donnely Road built and last sold?
The property at 4381 Donnely Road was built in 1985 and last sold on May 1, 1992 for $81,000.
How much is this home worth?
The estimated value of the home located at 4381 Donnely Road is $0.
What are some comparable homes to 4381 Donnely Road?
There are currently no comparable homes to 4381 Donnely Road.
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