$295,000
●
Condo -
Off Market
5501 Donavon Drive
Jackson, MI 49201
3 Beds
2 Baths
1,942 Ft²
$1,908
Est. Monthly
$170
HOA / Fees
5.34%
Cap Rate
About This Property
THE CONDO YOU'VE BEEN LOOKING FOR! Leave the shoveling & mowing
behind at this desirable end unit condo. This 3 bedroom, 2 bath
condo features an open floor plan & is nestled in a park-like,
private setting. The main floor features a great room w/ vaulted
ceiling, fireplace & door to lovely screened porch. The adjacent
dining area & spacious kitchen includes a complete appliance
package & snack bar area. Main floor primary bedroom features an en
suite bath & walk-in closet. The second floor loft area could be
used as a 3rd bedroom & includes a large walk-in closet or
office/den. An over sized 2.5 car garage w/ extra storage &
separate 5 x 9 work shop/storage room. Septic tank costs shared w/
adjacent condo owner & was pumped in 2/24. New driveway w/5yr
warranty!!
Unit Size
1,942 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
Condo
Property Taxes
$289
HOA Dues
$170
Year Built
2004
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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 #24017477)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Concrete, Driveway
Garage Spaces: 2
Interior Details
Bedrooms: 3
Bedrooms on Main Level: 2
Full Bathrooms: 2
Interior Features: Ceiling Fans, Garage Door Opener, Laminate Floor
Appliances: Washer, Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry Features: Gas Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
Rooms: 10
Has Fireplace
Family
Fireplaces: 1
Slab
Exterior Details
Year Built: 2004
Parcel Number: 078-14-21-377-004-01
Zoning Description: RES
Other Structures: Shed(s)
Window Features: Low Emissivity Windows, Insulated Windows, Window Treatments
Construction Materials: Vinyl Siding, Brick
Stories: 2
Level, Site Condo, Golf Community
Lot Size Dimensions: CONDO
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $112,400
Tax Year: 2023
Tax Annual Amount: $3,462
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Utilities: Natural Gas Connected
Sewer Information: Septic System
Water Information: Well
Location Details
Association Fee Includes: Snow Removal, Lawn/Yard Care
Association Fee: $170
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/21/2025
| |
3 Bed
|
2 Bath
|
1942 ft²
|
$299,900
3 Bed
2 Bath
1942 ft²
|
$290,000
-3.30%
03/23/2026
|
MEREDYTHE HILL-VanDUSEN
ERA REARDON REALTY, L.L.C.
|
|
12/21/2024
| |
3 Bed
|
2 Bath
|
1942 ft²
|
$299,900
3 Bed
2 Bath
1942 ft²
|
$290,000
-3.30%
01/24/2025
|
BRYON GOUGH
ERA REARDON - BROOKLYN
|
|
04/12/2024
| |
3 Bed
|
2 Bath
|
1942 ft²
|
$295,000
3 Bed
2 Bath
1942 ft²
|
$295,000
05/08/2024
|
ERIC ROPP
C-21 Affiliated - Jackson
|
|
07/27/2022
| |
3 Bed
|
2 Bath
|
1942 ft²
|
$219,900
3 Bed
2 Bath
1942 ft²
|
$205,000
-6.78%
01/16/2023
|
KIRSTEN KNUEPPEL-MOGLE
RE/MAX MID-MICHIGAN R.E.
|
|
05/07/2020
| |
3 Bed
|
2 Bath
|
1942 ft²
|
$198,500
3 Bed
2 Bath
1942 ft²
|
$186,000
-6.30%
08/20/2020
|
ALEX PERLOS
|
|
05/07/2020
|
3 Bed
|
2 Bath
|
1942 ft²
|
$198,500
3 Bed
2 Bath
1942 ft²
|
$186,000
-6.30%
08/13/2020
|
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
|
Building Info
About Jackson
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Listed by: ERIC ROPP, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24017477
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.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24017477
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