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Vandercook Lake 49203
4809 Francis Street
$44,000
● House - Off Market

4809 Francis Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,647 Ft²
$51,385
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Three, possible 4 bedroom, 1 1/2 bath home located in Vandercook Lake close to the County park at Vandercook Lake. Home has 1.5 car detached garage, enclosed porch and deep lot. Please be advised that any offers on this property require a minimum Earnest Money Deposit of 1% of the Purchase Price or $2,000, whichever is greater. All initial offers must be submitted via PropOffers.com by the BUYER AGENT ONLY.  BUYER'S AGENT IS TO PAY A $175.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER.
Unit Size
1,647 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$30
Property Type
House
Property Taxes
$159
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 #21115742)

Price History

Date / Event Date Event Price
Mar 21, 2022 Sold
Premium
Sold
Nov 18, 2021 Listed by LEFERE REALTY $49,900
Listed by LEFERE REALTY
Aug 15, 2019 Sold
Premium
Sold
May 16, 2013 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 941
  • Garage Type: 7
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,490
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,647
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VANDERCOOK PARK SUBDIVISION
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 8 AND 16 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: 565-13-23-301-007-01
  • Lot: 8,16
  • Municipality: SUMMIT TWP
  • Latitude: 42.1957
  • Longitude: -84.401

    Address

  • Full Address: 4809 Francis St
  • Address - House Number: 4809
  • 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: $206,437
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 51,861
  • High Value: 57,510
  • Low Value: 46,213

    Market Valuation

  • Market Total Value: $100,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,300

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Previous Sale Recording Date: Aug 15, 2019
  • Previous Sale Contract Date: Aug 07, 2019
  • Previous Sale Amount: $63,668
  • Previous Sale Document Type: 64
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: DOUGLAS J DEMOTT, LEFERE REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21115742
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 4809 Francis Street built and last sold?
The property at 4809 Francis Street was built in 1930 and last sold on Feb 25, 2022 for $44,000.
How much is this home worth?
The estimated value of the home located at 4809 Francis Street is $0.
What are some comparable homes to 4809 Francis Street?
There are currently no comparable homes to 4809 Francis Street.
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