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Jackson 49201
5884 Horace Road
$225,000
● House - Off Market

5884 Horace Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$1,226
Est. Monthly
13.91%
Cap Rate

About This Property

Completely renovated and turn key ready.  All new kitchen with granite counters and full stainless steel appliance package. Family room with electric fireplace and beautiful new wood flooring.  3 main floor bedrooms and 2 all new full baths.  All new flooring, paint, lighting and more.  Completely new and updated electrical and plumbing.  New garage door and opener.  Large 2 1/2 car garage and your very own pole barn with a full upstairs for more storage or maybe a rec area.  Private back yard surrounded by woods.  Home is on a private drive so barely any traffic.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$142
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1964

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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: 2 years ago (MichRIC MLS #25002370)

Price History

Date / Event Date Event Price
Mar 3, 2025 Sold
Premium
Sold
Feb 1, 2025 In contract -
In contract
Jan 20, 2025 Listed by ERA REARDON REALTY, L.L.C. $220,000
Listed by ERA REARDON REALTY, L.L.C.
Jul 23, 2024 Sold
Premium
Sold
Jun 21, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT THE SE COR OF SW 1/4 OF SW 1/4 OF SEC 25 TH N 20 RDS TH W 26 RDS TO A PT FOR PL OF BEG OF THIS DESCN TH CONTINUING W

Neighborhood

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

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 14
  • Parcel: 000-07-25-351-004-00
  • Meridian: SEC 25 TWN 02S RNG 02W
  • Municipality: SANDSTONE TWP
  • Latitude: 42.2631
  • Longitude: -84.5002

    Address

  • Full Address: 5884 Horace Rd
  • Address - House Number: 5884
  • Address - Street Name: Horace
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 8916
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $54,559
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 158,961
  • High Value: 189,210
  • Low Value: 128,713

    Market Valuation

  • Market Total Value: $109,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,500

    Sales

  • Current Sale Contract Date: Oct 19, 2001
  • Current Sale Recording Date: Oct 30, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2213210
  • Previous Sale Recording Date: Jun 10, 1997
  • Previous Sale Contract Date: Jun 10, 1997
  • Previous Sale Document Type: 55
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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: RICH COOK, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25002370
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 5884 Horace Road built and last sold?
The property at 5884 Horace Road was built in 1964 and last sold on Oct 19, 2001 for $60,000.
How much is this home worth?
The estimated value of the home located at 5884 Horace Road is $222,696.
What are some comparable homes to 5884 Horace Road?
There are currently no comparable homes to 5884 Horace Road.
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