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Jackson 49201
5135 Bennett Road
$214,900
● House - Off Market

5135 Bennett Road

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,060 Ft²
$1,208
Est. Monthly
6.55%
Cap Rate

About This Property

Sitting on 2.47 beautifully maintained acres, this 2 bed/1 bath home is a perfect examples of pride of ownership. It's hard to believe it was built in 1880, especially after some of the more recent updates - windows in 99', 2 car garage in 02', furnace and well in 06', front porch in 10', roof in 15', refrigerator in 21, water heater in 22', and an oven and new sump pump in 23'. The upper level could easily be finished into a 3rd bedroom or additional living space for whatever you may need and the basement provides tons of storage. Outside you'll find gardens, fruit trees, 2 sheds,  and an old pole barn.
Unit Size
1,060 Ft²
Days on Market
-
Land Size
2.43 acres
Price per sqft
$203
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
1880

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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 #24021659)

Price History

Date / Event Date Event Price
Jul 29, 2024 Sold
Premium
Sold
Jun 20, 2024 In contract -
In contract
Jun 14, 2024 Relisted $214,900
Relisted
May 3, 2024 Listed by ERA REARDON REALTY, L.L.C. $214,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 2
  • Bedroom Count: 2
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 107,332
  • Total Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,060
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002464
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT S 1/4 POST OF SEC 12 TH W ALG S SEC LN TO CEN LN OF BENNETT RD TH N ALG SD RD TO THE S LN OF N 1/2 OF SE 1/4 OF SW 1/4

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006500

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 14
  • Parcel: 000-07-12-376-002-01
  • Meridian: SEC 12 TWN 02S RNG 02W
  • Municipality: SANDSTONE TWP
  • Latitude: 42.3079
  • Longitude: -84.4971

    Address

  • Full Address: 5135 Bennett Rd
  • Address - House Number: 5135
  • Address - Street Name: Bennett
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R004
  • 4-Digit Zip Code: 9475
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $92,324
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.4727
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 5
  • Final Value: 163,363
  • High Value: 240,599
  • Low Value: 86,126

    Market Valuation

  • Market Total Value: $139,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,900

    Exemptions

  • Homeowner Exemption: Yes
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: PHILLIP M MORGAN, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24021659
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 5135 Bennett Road built and last sold?
The property at 5135 Bennett Road was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5135 Bennett Road is $214,428.
What are some comparable homes to 5135 Bennett Road?
There are currently no comparable homes to 5135 Bennett Road.
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