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Vandercook Lake 49201
5949 Draper Road
$226,000
● House - Off Market

5949 Draper Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,112 Ft²
$1,234
Est. Monthly

About This Property

Country setting yet close to town, with convenient access to the highway and Jackson Community College. This charming home features a spacious great room with cathedral ceilings, adjacent to the kitchen and a full bath. The main level offers two bedrooms with hardwood floors, a flexible living room, and a second large updated bathroom with ample storage and a low-threshold ceramic shower. A walk-up third bedroom provides additional living or flex space. Detached two-car garage includes a loft for extra storage. Enjoy the enclosed porch and separate brick patio overlooking the property. An older horse barn adds character and country charm. Two parcels combined for a total of 2.5 acres.
Unit Size
2,112 Ft²
Days on Market
33 days
Land Size
2.45 acres
Price per sqft
$99
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1930

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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: 9 months ago (MichRIC MLS #26002852)

Price History

Date / Event Date Event Price
Feb 25, 2026 Sold
Premium
Sold
Jan 30, 2026 In contract -
In contract
Jan 23, 2026 Listed by Val Stover Real Estate Team $209,900
Listed by Val Stover Real Estate Team
Aug 5, 2016 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,784
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 1,630
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000546
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT A PT IN W LN OF SEC 25 504.92 FT N OF SW COR OF SD SEC TH N ALG SD LN 163.4 FT TO S LN OF N 1/2 OF SW 1/4 OF SW 1/4 OF

Neighborhood

  • School District Name: Vandercook Lake Public Schools
  • School Tax School District: 38020
  • Census Tract: 005100

Zoning

  • Zoning: AG1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 000-13-25-351-023-00
  • Meridian: SEC 25 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.1767
  • Longitude: -84.3835

    Address

  • Full Address: 5949 Draper Rd
  • Address - House Number: 5949
  • Address - Street Name: Draper
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R011
  • 4-Digit Zip Code: 8789
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $130,650
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 225,441
  • High Value: 277,295
  • Low Value: 173,586

    Market Valuation

  • Market Total Value: $161,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2016
  • Current Sale Recording Date: Aug 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2746690
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 71
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 Vandercook Lake

Stats & Trends

Median Asking:

$209,950

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

52

Average Home Size

2005 ft²

Average Home Age

54.6 years

Currently For Sale

10 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: Valerie Stover, Val Stover Real Estate Team
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 26002852
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 5949 Draper Road built and last sold?
The property at 5949 Draper Road was built in 1930 and last sold on Jul 6, 2016 for $500.
How much is this home worth?
The estimated value of the home located at 5949 Draper Road is $0.
What are some comparable homes to 5949 Draper Road?
There are currently no comparable homes to 5949 Draper Road.
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