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Jackson 49201
5392 RIVES JUNCTION RD
$189,900
● House - Off Market

5392 RIVES JUNCTION RD

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,200 Ft²
$242,929
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

This home is nearly 2,200 square feet with 4 bedrooms and 3 full bathrooms. The master bedroom has 2 walk-in closets, full bathroom and private office. Within three minutes of I-94, coffee shops, Grocery store, library, auto parts and many fast food restaurants, you'll have quick, easy access to anything you might need. A 30' x 40' pole barn compliments a large yard overlooked by 2 huge, covered decks on the front and back of the house. A full, open basement with 9' ceilings has a ton of potential for additional living space or just room to run around. Basement is plumbed for an additional bathroom. This home also has an oversized 2 car garage with 2 insulated work shops and a paved driveway.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
1.32 acres
Price per sqft
$84
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
2005

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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 #21047874)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Aug 10, 2020 Listed by THE REAL ESTATE CONNECTION $184,900
Listed by THE REAL ESTATE CONNECTION

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,952
  • Garage Type: 7
  • Garage Square Area: 981
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,543
  • Lot Size Depth Feet: 6,055
  • Lot Size Frontage Feet: 1,900
  • Total Building Area: 2,164
  • Building Area: 2,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001321
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG IN CEN OF RIVES JUNCTION RD AT A PT 573.3 FT N OF S LN OF N 30A OF E 1/2 OF SE 1/4 OF SEC 7 TH CONTINUING N ALG CEN LN OF

Neighborhood

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

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-07-426-006-04
  • Meridian: SEC 07 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3119
  • Longitude: -84.4632

    Address

  • Full Address: 5392 Rives Junction Rd
  • Address - House Number: 5392
  • Address - Street Name: Rives Junction
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R029
  • 4-Digit Zip Code: 9454
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285,960
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 341,962
  • High Value: 408,693
  • Low Value: 275,232

    Market Valuation

  • Market Total Value: $387,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2868292
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: Rusty James Wellman, THE REAL ESTATE CONNECTION
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047874
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 5392 Rives Junction Road built and last sold?
The property at 5392 Rives Junction Road was built in 2005 and last sold on Dec 9, 2020 for $189,900.
How much is this home worth?
The estimated value of the home located at 5392 Rives Junction Road is $0.
What are some comparable homes to 5392 Rives Junction Road?
There are currently no comparable homes to 5392 Rives Junction Road.
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