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Jackson 49201
5129 STONY LAKE RD
$90,100
● House - Off Market

5129 STONY LAKE RD

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
939 Ft²
$176,040
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

More than 10 acres of gorgeous property with everything you need for a working or hobby farm.  Approx 4 acres of tillable.  Natural habitat along Clark Lake Rd with pond for birds and wildlife. Extra driveway on Clark Lake Rd for farm equipment entrance to property.  Sturdy barn with two levels cleaned and preserved for livestock or equipment storage.  Block building used as workshop or tool shed.  Older farmhouse with improved kitchen and bathroom.  Open floor plan first level.  Upstairs is typical walk-through bedroom format with built-in closet space.  All windows have been updated with vinyl replacements.  Lovely frontage on Stony Lake Rd with crescent drive. Come see one of the largest and most beautiful maple trees in Jackson County on the premises.
Unit Size
939 Ft²
Days on Market
-
Land Size
10.62 acres
Price per sqft
$106
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
-

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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 #21088502)

Price History

Date / Event Date Event Price
May 13, 2020 Sold
Premium
Sold
Mar 7, 2020 No longer available -
No longer available
Nov 11, 2019 Relisted $120,000
Relisted
Sep 11, 2019 No longer available -
No longer available
Aug 19, 2019 Listed by ERA REARDON REALTY, L.L.C. $120,000
Listed by ERA REARDON REALTY, L.L.C.
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Property Highlights

Building Info

Overview

    General

  • Building Count: 3
  • 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: 330
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 448,232
  • Total Building Area: 920
  • Building Area: 920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NAPOLEON
  • Land Acres: 0000010290
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 603.03 FT OF THE NFRL 1/2 OF NWFRL 1/4 EXC BEG 898 FT E OF NW COR OF SEC 4 TH S 240 FT TH E 120 FT TH S 363 FT TH E

Neighborhood

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

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 09
  • Parcel: 000-19-04-101-001-01
  • Meridian: SEC 04 TWN 04S RNG 01E
  • Municipality: NAPOLEON TWP
  • Latitude: 42.16
  • Longitude: -84.3242

    Address

  • Full Address: 5129 Stony Lake Rd
  • Address - House Number: 5129
  • Address - Street Name: Stony Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R017
  • 4-Digit Zip Code: 9208
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $99,240
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 171,688
  • High Value: 211,190
  • Low Value: 132,186

    Market Valuation

  • Market Total Value: $108,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2020
  • Current Sale Recording Date: May 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2850269
  • Previous Sale Recording Date: Jul 29, 2015
  • Previous Sale Contract Date: Jul 27, 2015
  • Previous Sale Amount: $90,100
  • 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

1881 ft²

Average Home Age

74.7 years

Currently For Sale

416 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: DANA L HOWELL, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21088502
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 5129 Stoney Lake Road built and last sold?
The property at 5129 Stoney Lake Road was built in and last sold on May 7, 2020 for $125,000.
How much is this home worth?
The estimated value of the home located at 5129 Stoney Lake Road is $130,323.
What are some comparable homes to 5129 Stoney Lake Road?
There are currently no comparable homes to 5129 Stoney Lake Road.
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