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Jackson 49203
1040 Westfield Drive
$252,000
● House - Off Market

1040 Westfield Drive

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,556 Ft²
$1,363
Est. Monthly
4.46%
Cap Rate

About This Property

Welcome to 1040 Westfield, the cutest home on the cutest street! This low-maintenance brick ranch offers elegant living with an updated eat-in kitchen, a gracious living room with wood-burning fireplace, and serene views of the park-like backyard. The beautiful den easily doubles as a third bedroom. Enjoy two spacious bedrooms, two full baths, a bright sun porch, oversized mud/laundry room, and a fenced yard. Whether you're starting out, right-sizing, or anywhere in between, this charming home and prime location are truly special.
Unit Size
1,556 Ft²
Days on Market
53 days
Land Size
0.31 acres
Price per sqft
$154
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1956

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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 #25014492)

Price History

Date / Event Date Event Price
Jun 2, 2025 Sold
Premium
Sold
Apr 15, 2025 In contract -
In contract
Apr 10, 2025 Listed by The Brokerage House $239,900
Listed by The Brokerage House

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,286
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,566
  • Building Area: 1,566
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,566
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTFIELD HEIGHTS
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: A PCL OF LD OWNED AND USED AS ONE PCL BEING PART OF THE NE 1/4 OF SEC 8 T3S R1W AND PART OF THE RECORDED PLAT OF WESTFIELD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005302

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: MAPS ABAND WELL
  • District: 17
  • Parcel: 610-13-08-204-025-00
  • Lot: 26
  • Meridian: SEC 08 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.2298
  • Longitude: -84.4523

    Address

  • Full Address: 1040 Westfield Dr
  • Address - House Number: 1040
  • Address - Street Name: Westfield
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C035
  • 4-Digit Zip Code: 3630
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $137,653
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 226,083
  • High Value: 282,943
  • Low Value: 169,224

    Market Valuation

  • Market Total Value: $162,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,400

    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:

$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

Rentals Near You

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MichRIC

Listed by: JENIFER SCANLON, The Brokerage House
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25014492
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 1040 Westfield Drive built and last sold?
The property at 1040 Westfield Drive was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1040 Westfield Drive is $242,268.
What are some comparable homes to 1040 Westfield Drive?
There are currently no comparable homes to 1040 Westfield Drive.
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