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Jackson 49201
961 OTNEY RD
$132,000
● House - Off Market

961 OTNEY RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,078 Ft²
$299,086
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Cute lakefront 3 bedroom cottage with a sandy beach front, fireplace,and many updates, ready to enjoy winter lake activities, skating, ice fishing, snowmobiling, or just snuggled up to the fireplace
Unit Size
1,078 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$129
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1920

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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 #21068615)

Price History

Date / Event Date Event Price
Dec 2, 2019 Sold
Premium
Sold
Oct 1, 2019 Listed by RE/MAX MID-MICHIGAN-BROOKLYN $169,900
Listed by RE/MAX MID-MICHIGAN-BROOKLYN
Jun 29, 2012 Sold
Premium
Sold
Oct 20, 2011 Listed by RE/MAX MID-MICHIGAN-BROOKLYN $138,900
Listed by RE/MAX MID-MICHIGAN-BROOKLYN

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OF SWEETS SUBDIVISION
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NW COR OF SEC 27 TH S89?12'E 1523.64 FT TH S8?08' W 1227.46 FT TH S37?08'W 1505.44 FT TH NELY ALG NEW COUNTY RD 200 FT

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-27-151-017-00
  • Lot: 31-32
  • Meridian: SEC 27 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2712
  • Longitude: -84.3075

    Address

  • Full Address: 961 Ottney Dr
  • Legal Unit: 31,32
  • Address - House Number: 961
  • Address - Street Name: Ottney
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 9654
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,192
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 231,479
  • High Value: 285,119
  • Low Value: 177,839

    Market Valuation

  • Market Total Value: $177,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,550

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2837277
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Contract Date: Jun 17, 2012
  • 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 Jackson

Stats & Trends

Median Asking:

$234,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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: STONEY R GREEN, RE/MAX MID-MICHIGAN-BROOKLYN
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21068615
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 961 Otney Street built and last sold?
The property at 961 Otney Street was built in 1920 and last sold on Nov 21, 2019 for $172,500.
How much is this home worth?
The estimated value of the home located at 961 Otney Street is $0.
What are some comparable homes to 961 Otney Street?
There are currently no comparable homes to 961 Otney Street.
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