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Jackson 49201
6798 SMITH RD
$213,670
● House - Off Market

6798 SMITH RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,594 Ft²
$322,439
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
Unit Size
1,594 Ft²
Days on Market
-
Land Size
2.74 acres
Price per sqft
$134
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
2018

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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 #21053170)

Price History

Date / Event Date Event Price
Aug 24, 2018 Sold
Premium
Sold
Aug 17, 2018 Listed by IMPACT REAL ESTATE, LLC $213,150
Listed by IMPACT REAL ESTATE, LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 786
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 119,354
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 1
  • Property Class: R
  • Land Acres: 0000002740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT THE S ? COR OF SEC 10 TH N89?23?32?E 1445.00 FT ALG THE S SEC LN & THE CL OF SMITH RD FOR POB TH N00?07?28?W 165.00 FT

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006702

Zoning

  • Zoning: AG AGRI

Geography

  • Assessors Map Reference: MAPS 38-09A
  • District: 07
  • Parcel: 000-09-10-476-001-02
  • Meridian: SEC 10 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.3069
  • Longitude: -84.2936

    Address

  • Full Address: 6798 Smith Rd
  • Address - House Number: 6798
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R042
  • 4-Digit Zip Code: 9597
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $196,452
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 278,776
  • High Value: 331,824
  • Low Value: 225,728

    Market Valuation

  • Market Total Value: $246,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,052

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2018
  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2804142
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: TRACY SNYDER, IMPACT REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21053170
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 6798 Smith Road built and last sold?
The property at 6798 Smith Road was built in 2018 and last sold on Aug 22, 2018 for $213,670.
How much is this home worth?
The estimated value of the home located at 6798 Smith Road is $216,582.
What are some comparable homes to 6798 Smith Road?
There are currently no comparable homes to 6798 Smith Road.
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