1024 S Jackson Street
About This Property
Owner is selling 4 properties, 5 units, either separate or as a bundle including this property. (The other addresses are 1717 S Milwaukee St, 327 Van Buren St. Units 1 & 2 & 321 E Robinson St. All in Jackson, MI 49203)
Square footage is estimated.
Tenants lease is ending May 18th, 2022, at a rate of $850
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by NCDG REALTY & PROPERTY MANAGE | $60,000 | |
| Listed by NCDG REALTY & PROPERTY MANAGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017