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Jackson 49201
5888 N Rickfield Road
$290,000
● House - Off Market

5888 N Rickfield Road

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,492 Ft²
$1,842
Est. Monthly
15.33%
Cap Rate

About This Property

Nestled on a charming cul-de-sac in the sought-after Three Forty Farms, this 4-bed, 3-bath modern bi-level is a true gem. Enjoy a vibrant neighborhood where basketball and street hockey games start at a moment's notice. Your backyard oasis features a hot tub, paver patio, shed, and lush green space. Inside, spacious living areas on both levels provide comfort and versatility. The primary suite offers a serene retreat, while the lower-level fireplace creates the perfect cozy vibe. Flexible spaces accommodate workouts, recreation, an office, awesome storage or a workshop. Meticulously maintained and move-in ready-welcome home to 5888 Rickfield!
Unit Size
2,492 Ft²
Days on Market
56 days
Land Size
0.34 acres
Price per sqft
$120
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1973

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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: 2 years ago (MichRIC MLS #25009707)

Price History

Date / Event Date Event Price
May 9, 2025 Sold
Premium
Sold
Apr 9, 2025 In contract -
In contract
Apr 3, 2025 Price Decreased $299,900
↓ $10K (3.2%)
Price Decreased
Mar 14, 2025 Listed by The Brokerage House $309,900
Listed by The Brokerage House

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,246
  • Garage Type: 7
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,680
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 2,391
  • Building Area: 2,391
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,391
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THREE FORTY FARMS SUBDIVISION
  • Land Acres: 0000000337
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 13 THREE FORTY FARMS SUBDIVISION NO 1

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005201

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 562-13-28-401-013-00
  • Lot: 13
  • Municipality: SUMMIT TWP
  • Latitude: 42.1813
  • Longitude: -84.4297

    Address

  • Full Address: 5888 N Rickfield Rd
  • Legal Unit: 13
  • Address - House Number: 5888
  • Street Direction: N
  • Address - Street Name: Rickfield
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 8314
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $324,208
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 307,754
  • High Value: 385,153
  • Low Value: 230,355

    Market Valuation

  • Market Total Value: $216,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,400
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: JENIFER SCANLON, The Brokerage House
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25009707
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 5888 North Rickfield Road built and last sold?
The property at 5888 North Rickfield Road was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5888 North Rickfield Road is $0.
What are some comparable homes to 5888 North Rickfield Road?
There are currently no comparable homes to 5888 North Rickfield Road.
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