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Jackson 49201
5050 Clinton Road
$250,000
● House - Off Market

5050 Clinton Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,199 Ft²
$1,580
Est. Monthly
8.98%
Cap Rate

About This Property

Buyers Financing denied so it's not too late to make it yours. Ideally situated between both Northwest campuses & close to highway access, this home combines city convenience w/ a serene, country-like setting. This double lot features a spacious patio, a large fire pit area perfect for outdoor entertaining, & an additional garage & shed for extra storage or hobbies. Inside you will find a three-season lanai overlooking the peaceful backyard, an updated kitchen w/ a large center island & open layout to the living & dining areas. Also, a step-down family room offering extra living space & a cozy fireplace. The main bath boast a beautifully remodeled ceramic bath w/ a modern tile shower giving a spa like feel. The downstairs has finished areas perfect for entertaining, gaming and movie nigh
Unit Size
2,199 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$127
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1960

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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 #24048333)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Premium
Sold
Nov 16, 2024 In contract -
In contract
Sep 10, 2024 Listed by Sproat Realty Professionals-J $280,000
Listed by Sproat Realty Professionals-J
Jul 28, 2017 Sold
Premium
Sold
May 30, 2017 Listed by Sproat Realty Professionals-J $139,900
Listed by Sproat Realty Professionals-J
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT THE CEN OF SEC 8 TH N 89 DEG 48'E ALG E&W 1/4 LN 1211.64 FT TO THE WLY LN OF HWY M-50 TH N 31 DEG 54'W 250.67 FT TO

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005602

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-08-251-014-00
  • Meridian: SEC 08 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3135
  • Longitude: -84.4492

    Address

  • Full Address: 5050 Clinton Rd
  • Address - House Number: 5050
  • Address - Street Name: Clinton
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 8286
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $102,639
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 230,126
  • High Value: 288,002
  • Low Value: 172,250

    Market Valuation

  • Market Total Value: $184,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2017
  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2775037
  • Previous Sale Recording Date: Apr 04, 2012
  • Previous Sale Contract Date: Mar 19, 2012
  • Previous Sale Amount: $38,500
  • Previous 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

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MichRIC

Listed by: SUSAN M MOHLMAN, Sproat Realty Professionals-J
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24048333
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 5050 Clinton Road built and last sold?
The property at 5050 Clinton Road was built in 1960 and last sold on Jul 25, 2017 for $137,000.
How much is this home worth?
The estimated value of the home located at 5050 Clinton Road is $273,533.
What are some comparable homes to 5050 Clinton Road?
There are currently no comparable homes to 5050 Clinton Road.
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