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Vandercook Lake 49203
818 Justin Avenue
$65,000
● House - Off Market

818 Justin Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$71,981
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Short walk to park, lake, dining and shopping this home sits on a huge double lot and is packed with character. With 3+ bedrooms, a back porch, front porch, garage and basement there is room for everyone and everything! Current tenant is month to month and pays $693 a month.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$81
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1950

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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 #21118611)

Price History

Date / Event Date Event Price
Mar 23, 2022 Sold
Premium
Sold
Dec 17, 2021 Listed by The Brokerage House $69,900
Listed by The Brokerage House
Aug 10, 2018 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 864
  • Garage Type: 7
  • Garage Square Area: 245
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,576
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEBSTER WESTERN ADDITION
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 82 SUPERVISOR'S LAKESIDE PLAT

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 545-13-23-403-051-00
  • Lot: 82
  • Municipality: SUMMIT TWP
  • Latitude: 42.1933
  • Longitude: -84.392

    Address

  • Full Address: 818 Justin Ave
  • Legal Unit: 82
  • Address - House Number: 818
  • Address - Street Name: Justin
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C045
  • 4-Digit Zip Code: 5947
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,633
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 65,858
  • High Value: 73,031
  • Low Value: 58,685

    Market Valuation

  • Market Total Value: $89,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,500

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Contract Date: Jul 27, 2018
  • Previous Sale Amount: $133,930
  • 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: Sydney Hendrickson, The Brokerage House
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21118611
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 818 Justin Avenue built and last sold?
The property at 818 Justin Avenue was built in 1950 and last sold on Mar 17, 2022 for $65,000.
How much is this home worth?
The estimated value of the home located at 818 Justin Avenue is $0.
What are some comparable homes to 818 Justin Avenue?
There are currently no comparable homes to 818 Justin Avenue.
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