For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Jackson 49201
7118 Browns Lake Road
$460,000
● House - Off Market

7118 Browns Lake Road

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,618 Ft²
$2,525
Est. Monthly
8.80%
Cap Rate

About This Property

Gorgeous, private 3-acre setting with a stunning 2-story home as the centerpiece! Pride of ownership shines throughout this 2,600 sq ft home. The open and airy main level features formal dining, a beautifully updated kitchen with quartz counters, newer appliances, and ceramic tile. Convenient laundry room w/ half bath completes the space. The living area has oak hardwood flooring, and a cozy gas fireplace.  Upstairs offers a spacious primary suite, 3 additional bedrooms, and a full bath. The finished walkout basement includes a wine bar, family room with fireplace, a bonus room, and ample storage. Mechanical features: newer furnace/AC, a radon mitigation system, and an iron-out water softener system. Backyard boasts a lovely deck, a charming play/garden shed and so much more! Tour today!
Unit Size
2,618 Ft²
Days on Market
92 days
Land Size
3.05 acres
Price per sqft
$178
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1999

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #25032129)

Price History

Date / Event Date Event Price
Oct 2, 2025 Sold
Premium
Sold
Sep 11, 2025 In contract -
In contract
Jul 17, 2025 Price Decreased $465,000
↓ $20K (4.1%)
Price Decreased
Jul 2, 2025 Listed by Production Realty $485,000
Listed by Production Realty
Dec 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 919
  • Garage Type: 7
  • Garage Square Area: 609
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 132,684
  • Lot Size Depth Feet: 4,970
  • Lot Size Frontage Feet: 2,500
  • Total Building Area: 1,838
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIBERTY
  • Land Acres: 0000003046
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NE COR OF SEC 3 TH S89DEG 41'W 842 FT ALG N SEC LN TO CEN LN OF BROWN'S LAKE RD TH S02DEG 15'30''E 671.49 FT (RECORDED

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006301

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS R03NE
  • District: 08
  • Parcel: 000-18-03-203-012-02
  • Meridian: SEC 03 TWN 04S RNG 01W
  • Municipality: LIBERTY TWP
  • Latitude: 42.158
  • Longitude: -84.4069

    Address

  • Full Address: 7118 Browns Lake Rd
  • Address - House Number: 7118
  • Address - Street Name: Browns Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R021
  • 4-Digit Zip Code: 8332
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $259,627
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 71
  • Final Value: 360,652
  • High Value: 437,065
  • Low Value: 284,240

    Market Valuation

  • Market Total Value: $278,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2006
  • Current Sale Recording Date: Dec 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2463415
  • Previous Sale Recording Date: Apr 28, 2003
  • Previous Sale Contract Date: Apr 22, 2003
  • Previous Sale Amount: $239,000
  • 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 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: My Smart Team, Production Realty
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25032129
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 7118 Browns Lake Road built and last sold?
The property at 7118 Browns Lake Road was built in 1999 and last sold on Dec 20, 2006 for $235,000.
How much is this home worth?
The estimated value of the home located at 7118 Browns Lake Road is $464,553.
What are some comparable homes to 7118 Browns Lake Road?
There are currently no comparable homes to 7118 Browns Lake Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Liberty Homes for Sale
Liberty Houses for Sale
Liberty Land for Sale
Liberty Commercial for Sale
Liberty Homes with Basements
Liberty Homes with Pools
Liberty Homes with Parking
Liberty Homes with Garages
Nearby Cities
Jackson Homes for Sale
Michigan Center Homes for Sale
Vandercook Lake Homes for Sale
Brooklyn Homes for Sale
Spring Arbor Homes for Sale
Addison Homes for Sale
Hanover Homes for Sale
Cement City Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Lenawee County, MI Property Records
Calhoun County, MI Property Records
Washtenaw County, MI Property Records
Branch County, MI Property Records
Ingham County, MI Property Records
Eaton County, MI Property Records
Nearby Counties
Jackson Homes for Sale
Summit Homes for Sale
Columbia Homes for Sale
Somerset Homes for Sale
Napoleon Homes for Sale
Spring Arbor Homes for Sale
Woodstock Homes for Sale
Hanover Homes for Sale
Top Real Estate Agents
Top Agents in Liberty
Top Agents in 49203
Top Agents in Jackson
Top Agents in Jackson
Top Agents in Summit
Top Agents in Columbia
Top Agents in Somerset
Top Agents in Napoleon