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Jackson 49201
7331 Browns Lake Road
$322,800
● House - Off Market

7331 Browns Lake Road

Jackson, MI 49201
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,598 Ft²
$1,905
Est. Monthly
9.57%
Cap Rate

About This Property

Enjoy this peaceful country setting in a convenient locale. Lots of trees and space within the almost 6-acre setting. A beautifully maintained farmhouse just waiting for you. Large rooms and an open floor plan showcase the beautiful craftsmanship throughout this stunner. Kitchen boasts new oak cabinets and island with seating. 2 spacious pantries for lots of storage. Stainless appliances including a newer range/oven (2023). New hardwood flooring in dining room and stunning carved oak doors with beveled glass invite you into the formal dining room and foyer which opens up into a huge living room. One 1st floor bedroom and a full bath featuring a claw foot tub. Four more bedrooms, full bath and laundry on the 2nd floor. 20x30 Pole Barn with loft & 2 stalls. Gas log fireplace.
Unit Size
2,598 Ft²
Days on Market
41 days
Land Size
5.76 acres
Price per sqft
$125
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1910

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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: 2 years ago (MichRIC MLS #25024311)

Price History

Date / Event Date Event Price
Jul 7, 2025 Sold
Premium
Sold
Jun 4, 2025 In contract -
In contract
May 27, 2025 Listed by ERA REARDON REALTY, L.L.C. $325,000
Listed by ERA REARDON REALTY, L.L.C.
Feb 18, 2021 Sold
Premium
Sold
Dec 10, 2020 Listed by ERA REARDON REALTY, L.L.C. $239,900
Listed by ERA REARDON REALTY, L.L.C.
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 5
  • 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: 928
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 250,949
  • Lot Size Depth Feet: 7,557
  • Total Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005761
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 3 TH N 461.28 FT TO A PT FOR PL OF BEG OF THIS DESCN TH S 89DEG 48'W 788.66 FT TO CEN OF BROWNS LAKE

Neighborhood

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

Zoning

  • Zoning: RNF-1

Geography

  • Assessors Map Reference: MAPS R03NE
  • District: 08
  • Parcel: 000-18-03-276-006-00
  • Meridian: SEC 03 TWN 04S RNG 01W
  • Municipality: LIBERTY TWP
  • Latitude: 42.1548
  • Longitude: -84.4056

    Address

  • Full Address: 7331 Browns Lake Rd
  • Address - House Number: 7331
  • Address - Street Name: Browns Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R021
  • 4-Digit Zip Code: 8390
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $325,432
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 72
  • Final Value: 306,013
  • High Value: 367,961
  • Low Value: 244,064

    Market Valuation

  • Market Total Value: $243,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $121,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2873160
  • Previous Sale Recording Date: Dec 02, 2019
  • Previous Sale Contract Date: Nov 20, 2019
  • Previous Sale Amount: $222,000
  • 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

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MichRIC

Listed by: MELISSA L BAILEY, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25024311
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 7331 Browns Lake Road built and last sold?
The property at 7331 Browns Lake Road was built in 1910 and last sold on Feb 12, 2021 for $247,500.
How much is this home worth?
The estimated value of the home located at 7331 Browns Lake Road is $0.
What are some comparable homes to 7331 Browns Lake Road?
There are currently no comparable homes to 7331 Browns Lake Road.
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