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Jackson 49201
5941 RIVERSIDE DR
$119,900
● House - Off Market

5941 RIVERSIDE DR

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,630 Ft²
$198,125
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Great low traffic location in Western School district for this original owner home!!!  Newer addition is large family room with fireplace and large windows over looking large landscaped lot.Has full basement with a rec room,work shop and laundry room.Up dates since built include new windows,bathroom and newer furnace.All appliances go with sale of home.
Unit Size
1,630 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$77
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1945

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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 #21090183)

Price History

Date / Event Date Event Price
Dec 7, 2017 Sold
Premium
Sold
Sep 25, 2017 Listed by LEFERE REALTY $124,900
Listed by LEFERE REALTY

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • 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: 894
  • Garage Type: 7
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,401
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,230
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKFIELD HEIGHTS
  • Land Acres: 0000000652
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 20 REPLAT OF LOTS 1 TO 50 INCLUSIVE AND LOTS 52 TO 56 INCLUSIVE OFBROOKFIELD HEIGHTS

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 0
  • District: 15
  • Parcel: 062-12-14-226-003-00
  • Lot: 20,1-50
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2182
  • Longitude: -84.5044

    Address

  • Full Address: 5941 Riverside Dr
  • Address - House Number: 5941
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 9332
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,684
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2539
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 213,779
  • High Value: 268,067
  • Low Value: 159,491

    Market Valuation

  • Market Total Value: $156,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2017
  • Current Sale Recording Date: Dec 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2784005
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: Philip V Lefere, LEFERE REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21090183
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 5941 Riverside Drive built and last sold?
The property at 5941 Riverside Drive was built in 1945 and last sold on Nov 28, 2017 for $119,900.
How much is this home worth?
The estimated value of the home located at 5941 Riverside Drive is $0.
What are some comparable homes to 5941 Riverside Drive?
There are currently no comparable homes to 5941 Riverside Drive.
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