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Jackson 49202
1008 Norfolk Street
$152,000
● House - Off Market

1008 Norfolk Street

Jackson, MI 49202
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,240 Ft²
$746
Est. Monthly
33.70%
Cap Rate

About This Property

Just like new!  Completely remodeled home on a quiet roadway.  Newer roof, new exterior paint and windows.  Inside the new kitchen features soft close drawers and doors, granite counters, and a complete stainless steel appliance package.  The rooms have arched doorways and loads of old world charm with extra wood accents.  Upstairs could be two bedrooms or offices.  Main floor has formal dining room.  Basement is super clean and dry with all new plumbing and electrical throughout.  Move in ready and maintenance free for quite some time!
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$113
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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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 #25002686)

Price History

Date / Event Date Event Price
Feb 26, 2025 Sold
Premium
Sold
Jan 26, 2025 In contract -
In contract
Jan 20, 2025 Listed by ERA REARDON REALTY, L.L.C. $140,000
Listed by ERA REARDON REALTY, L.L.C.
Jun 13, 2024 Sold
Premium
Sold
May 7, 2024 Listed by Heart for Homes, LLC $39,900
Listed by Heart for Homes, LLC
Multiple Offers received. All offers due by Friday 9:00 am 5/10/24. Attorney to review after that. Investor Special! 2 bedroom 1 bath home in the City. Newer roof, furnace and water heater. Enclosed front porch. Attic area is partially finished off for additional living space. Check it out!

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,964
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 440
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WITHINGTONS ADD
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 40 FT OF LOT 24 & E 40 FT OF S 24 FT OF LOT 22 & W 4 FT OF LOT 25 BLK 3 WITHINGTON'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 2-024400000
  • Block: 3
  • Lot: 24,22
  • Municipality: JACKSON CITY
  • Latitude: 42.2488
  • Longitude: -84.4265

    Address

  • Full Address: 1008 Norfolk St
  • Address - House Number: 1008
  • Address - Street Name: Norfolk
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C007
  • 4-Digit Zip Code: 4127
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $67,205
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 87,468
  • High Value: 109,466
  • Low Value: 65,470

    Market Valuation

  • Market Total Value: $47,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,700

    Exemptions

  • Homeowner Exemption: Yes
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:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: RICH COOK, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25002686
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 1008 Norfolk Street built and last sold?
The property at 1008 Norfolk Street was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1008 Norfolk Street is $0.
What are some comparable homes to 1008 Norfolk Street?
There are currently no comparable homes to 1008 Norfolk Street.
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