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Jackson 49201
4850 Clark Lake Road
$209,900
● House - Off Market

4850 Clark Lake Road

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,532 Ft²
$1,162
Est. Monthly
10.92%
Cap Rate

About This Property

Updated ranch in Napoleon School District.  2 bedroom 1 bath home with finished basement, attached garage and over an acre of land.  Home features an updated kitchen with new cabinets, countertops, light fixtures, sink, faucet and a full appliance package.  New bath features a walk-in shower, new toilet and vanity.  Additional family room provides more living space with an electric fireplace and access to the two-car attached garage (new overhead doors and openers).  Finished basement for even more living space.  Newer furnace and A/C.  All new flooring, paint, light fixtures, interior/exterior doors and all new hardware throughout.  New windows throughout most of the house. Updated plumbing and electrical.  Check it out!
Unit Size
1,532 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$137
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1950

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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: 2 years ago (MichRIC MLS #24063933)

Price History

Date / Event Date Event Price
Jan 30, 2025 Sold
Premium
Sold
Jan 4, 2025 In contract -
In contract
Dec 27, 2024 Listed by Heart for Homes, LLC $209,900
Listed by Heart for Homes, LLC
Oct 25, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 768
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 59,808
  • Lot Size Depth Feet: 4,530
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 928
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001373
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 132 FT OF THE S 396 FT OF THE E 453 FT OF E 1/2 OF SE 1/4 SEC 20 T3S R1E

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38130
  • Census Tract: 006201

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 09
  • Parcel: 000-14-20-476-005-00
  • Meridian: SEC 20 TWN 03S RNG 01E
  • Municipality: NAPOLEON TWP
  • Latitude: 42.1903
  • Longitude: -84.3267

    Address

  • Full Address: 4850 Clark Lake Rd
  • Address - House Number: 4850
  • Address - Street Name: Clark Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R029
  • 4-Digit Zip Code: 9282
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $135,722
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 173,410
  • High Value: 206,408
  • Low Value: 140,412

    Market Valuation

  • Market Total Value: $120,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2005
  • Current Sale Recording Date: Oct 25, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2416400
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: TAD FRENCH, Heart for Homes, LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24063933
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 4850 Clark Lake Road built and last sold?
The property at 4850 Clark Lake Road was built in 1950 and last sold on Oct 19, 2005 for $98,000.
How much is this home worth?
The estimated value of the home located at 4850 Clark Lake Road is $0.
What are some comparable homes to 4850 Clark Lake Road?
There are currently no comparable homes to 4850 Clark Lake Road.
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