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Jackson 49240
5509 Sand Beach Road
$143,000
● House - Off Market

5509 Sand Beach Road

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,280 Ft²
$249,450
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Cozy 1 1/2 story Cottage Setting with lake views and deeded lake access with dock on Little Wolf Lake.  You have access to a chain of seven lakes.  3 Bedroom, 1.5 baths, hardwood floors, fresh paint, new roof, gutters, 2 car garage.  Original garage converted into an extra living space.  This adorable home is ready for you to move right in and start your summer fun and enjoy lake living., Rec Room: Partially Finished, Rec Room: Finished
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$129
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
-

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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 #48895)

Price History

Date / Event Date Event Price
Sep 27, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Howard Hanna $164,900
Listed by Howard Hanna
Oct 9, 2001 Sold
Premium
Sold
Aug 2, 1999 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 697
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 60
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAND BEACH SUBDIVISION
  • Land Acres: 0000000016
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 6 FT OF E 22 1/2 FT OF LOT 48 SAND BEACH SUBDIVISION SPLIT ON 09/30/2008 FROM 130-15-20-327-015-02

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38130
  • Census Tract: 006202

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS SEWER #2
  • District: 09
  • Parcel: 130-15-20-327-015-04
  • Lot: 48
  • Municipality: NAPOLEON TWP
  • Latitude: 42.1947
  • Longitude: -84.2227

    Address

  • Full Address: 5509 Sandbeach Rd
  • Legal Unit: 48
  • Address - House Number: 5509
  • Address - Street Name: Sandbeach
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R046
  • 4-Digit Zip Code: 9344
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,437
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 19,806
  • High Value: 23,575
  • Low Value: 16,037

    Market Valuation

  • Market Total Value: $8,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,000

    Sales

  • Current Sale Contract Date: Sep 24, 2018
  • Current Sale Recording Date: Sep 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2806407
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: Amy Boies, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 48895
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 5509 Sandbeach Road built and last sold?
The property at 5509 Sandbeach Road was built in and last sold on Sep 24, 2018 for $143,000.
How much is this home worth?
The estimated value of the home located at 5509 Sandbeach Road is $0.
What are some comparable homes to 5509 Sandbeach Road?
There are currently no comparable homes to 5509 Sandbeach Road.
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