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Jackson 49224
4604 N Gibbs Road
$199,900
● House - Off Market

4604 N Gibbs Road

Albion, MI 49224
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$207,904
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

MOVE-IN READY - GORGEOUS SETTING NW JACKSON COUNTY, Springport Schools. This lovely vinyl sided ranch style home sits back from the road on 1 acre only 5 minutes N of I-94. 1328 Sq.ft. of quality living space all on one flr. Formal living rm w/picture window (plaster walls), gorgeous hickory kitchen, tile flr, pantry & adjacent dining area. Enjoy the family rm w/loads of natural light & vaulted ceiling w/door to patio & back yard. Primary BR w/HUGE walk-in closet. Full bath w/tub/shower combo & 1st flr laundry. Extend your living space in the very nice full semi-finished bsmt (painted & carpeted floor) w/FP. 2-1/2 Car garage. Whole house generator. Updates 2005-2022 Anderson windows, roof, furnace, A/C, insulation, water heater, cleaned ducts & septic pumped.
Unit Size
1,328 Ft²
Days on Market
36 days
Land Size
1.00 acres
Price per sqft
$151
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
1972

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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: 8 months ago (MichRIC MLS #22033255)

Price History

Date / Event Date Event Price
Sep 8, 2022 Sold
Premium
Sold
Aug 2, 2022 Listed by RE/MAX MID-MICHIGAN R.E. $199,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,321
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001270
  • Standard Land Use Code: 1001
  • County Land Use Code: 401

Neighborhood

  • School District Name: Springport Public Schools
  • School Tax School District: 38150
  • Census Tract: 006500

Zoning

  • Zoning: AG 1

Geography

  • Parcel: 000-06-16-151-002-02
  • Municipality: PARMA TWP
  • Latitude: 42.2993
  • Longitude: -84.6785

    Address

  • Full Address: 4604 N Gibbs Rd
  • Address - House Number: 4604
  • Street Direction: N
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Albion
  • Carrier Code: R004
  • 4-Digit Zip Code: 9128
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,436
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 223,606
  • High Value: 266,834
  • Low Value: 180,379

    Market Valuation

  • Market Total Value: $167,200
  • Market Land Value: $167,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,600
  • Assessed Land Value: $83,600

    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 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

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MichRIC

Listed by: DEBBIE CROWNOVER, RE/MAX MID-MICHIGAN R.E.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 22033255
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 4604 North Gibbs Road built and last sold?
The property at 4604 North Gibbs Road was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4604 North Gibbs Road is $0.
What are some comparable homes to 4604 North Gibbs Road?
There are currently no comparable homes to 4604 North Gibbs Road.
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