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Jackson 49203
1042 FOURTH ST
$100,000
● House - Off Market

1042 FOURTH ST

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,376 Ft²
$189,493
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

This Large 2 story home has been updated throughout with, New Storm Windows, New Roof, New Vinyl Siding, New Electrical Panel, It has 4 large bedrooms, 1- full bath 2- 1/2 baths, hardwood floors through out.  Stainless steel dishwasher and fridge, 2.5 car garage with walk up attic, fenced back yard.  Owner is a licensed realtor. Owner will consider Land Contract with 15-20% down payment.
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$48
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1925

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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: 3 years ago (MichRIC MLS #21057724)

Price History

Date / Event Date Event Price
Mar 8, 2017 Sold
Premium
Sold
Sep 27, 2016 Listed by NCDG REALTY & PROPERTY MANAGE $115,000
Listed by NCDG REALTY & PROPERTY MANAGE
Jan 14, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,160
  • Garage Type: 7
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 527
  • Total Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACKSON MOUND ADD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 52.75 FT OF S 158.5 FT OF E 124 FT OF LOT 1 BLK 4 JACKSON MOUND ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-24
  • District: 50
  • Parcel: 3-160500000
  • Block: 4
  • Lot: 1
  • Municipality: JACKSON CITY
  • Latitude: 42.2369
  • Longitude: -84.4188

    Address

  • Full Address: 1042 4th St
  • Legal Unit: 1
  • Address - House Number: 1042
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 3060
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $237,427
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 193,274
  • High Value: 239,989
  • Low Value: 146,558

    Market Valuation

  • Market Total Value: $179,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2017
  • Current Sale Recording Date: Mar 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2763103
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • Previous Sale Amount: $14,500
  • Previous Sale Document Type: 68
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

Rentals Near You

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MichRIC

Listed by: JOHN W COLLIS, NCDG REALTY & PROPERTY MANAGE
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21057724
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 1042 4th Street built and last sold?
The property at 1042 4th Street was built in 1925 and last sold on Mar 6, 2017 for $100,000.
How much is this home worth?
The estimated value of the home located at 1042 4th Street is $121,231.
What are some comparable homes to 1042 4th Street?
There are currently no comparable homes to 1042 4th Street.
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