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Jackson 49201
5164 STONE RIVER RD
$235,400
● House - Off Market

5164 STONE RIVER RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,683 Ft²
$333,072
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Under Construction. Welcome to Stonegate Farms! This sprawling plan boasts an open floor plan with large kitchen, a first floor laundry and mudroom and a first floor office/flex space. Extended 9ft. ceilings throughout first floor. Upstairs you have 3 large bedrooms, including a master with walk in closet and master bath with double vanity. Sturdy construction featuring 16" on center studs throughout and insulation that meets or exceeds all the latest energy efficiency requirements.  Your investment in a new home is well protected with CVE as your building partner-warranties are standard and No Construction Loan is needed. **Photos are of a previously built home and may depict upgrades**
Unit Size
1,683 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$131
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
2018

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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: 3 years ago (MichRIC MLS #21052925)

Price History

Date / Event Date Event Price
Oct 22, 2018 Sold
Premium
Sold
Aug 10, 2018 Listed by IMPACT REAL ESTATE, LLC $219,900
Listed by IMPACT REAL ESTATE, LLC
May 9, 2018 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 844
  • Garage Type: 7
  • Garage Square Area: 440
  • 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: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEGATE FARMS # 3
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 219 STONEGATE FARMS NO 3

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: 000-08-10-481-012-00
  • Lot: 219
  • Meridian: SEC 10 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3107
  • Longitude: -84.4007

    Address

  • Full Address: 5164 Stone River Rd
  • Legal Unit: 219
  • Address - House Number: 5164
  • Address - Street Name: Stone River
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R016
  • 4-Digit Zip Code: 8187
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,893
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 296,933
  • High Value: 371,611
  • Low Value: 222,255

    Market Valuation

  • Market Total Value: $264,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2018
  • Current Sale Recording Date: Oct 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2129-1147
  • Previous Sale Recording Date: May 09, 2018
  • Previous Sale Contract Date: May 03, 2018
  • Previous Sale Amount: $30,000
  • 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

Rentals Near You

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MichRIC

Listed by: TRACY SNYDER, IMPACT REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21052925
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 5164 Stone River Road built and last sold?
The property at 5164 Stone River Road was built in 2018 and last sold on Oct 18, 2018 for $235,400.
How much is this home worth?
The estimated value of the home located at 5164 Stone River Road is $224,849.
What are some comparable homes to 5164 Stone River Road?
There are currently no comparable homes to 5164 Stone River Road.
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