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Vandercook Lake 49203
4801 Francis Street
$29,900
● House - Off Market

4801 Francis Street

Jackson, MI 49203
bedrooms
1 Bed
bathrooms
1 Bath
square feet
671 Ft²
$31,241
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

One bedroom home in Vandercook Lake.  Home has vinyl siding, porch and carport.  Please submit all offers to www.PropOffers.com. BUYER'S AGENT IS TO PAY A $175.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER. If you choose to use the Sellers preferred title insurance provider, the seller will pay for the buyers owner title policy. All finance offers must be presented with lender prequalification. All cash offers must be presented with proof of funds.
Unit Size
671 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$45
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
1930

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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 #22051719)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Premium
Sold
Dec 30, 2022 Listed by LEFERE REALTY $29,900
Listed by LEFERE REALTY
May 8, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 537
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,267
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 350
  • Total Building Area: 671
  • Building Area: 671
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 671
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VANDERCOOK PARK SUBDIVISION
  • Land Acres: 0000000075
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 18 VANDERCOOK PARK SUBDIVISION

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: 565-13-23-301-015-00
  • Lot: 18
  • Municipality: SUMMIT TWP
  • Latitude: 42.1959
  • Longitude: -84.401

    Address

  • Full Address: 4801 Francis St
  • Legal Unit: 18
  • Address - House Number: 4801
  • Address - Street Name: Francis
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C023
  • 4-Digit Zip Code: 5803
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $94,926
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 27,754
  • High Value: 30,777
  • Low Value: 24,731

    Market Valuation

  • Market Total Value: $53,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,900

    Sales

  • Current Sale Contract Date: May 03, 2001
  • Current Sale Recording Date: May 08, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2191146
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

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MichRIC

Listed by: DOUGLAS J DEMOTT, LEFERE REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22051719
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 4801 Francis Street built and last sold?
The property at 4801 Francis Street was built in 1930 and last sold on May 3, 2001 for $63,500.
How much is this home worth?
The estimated value of the home located at 4801 Francis Street is $30,199.
What are some comparable homes to 4801 Francis Street?
There are currently no comparable homes to 4801 Francis Street.
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