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Jackson 49202
111 HOBART ST
$64,000
● House - Off Market

111 HOBART ST

Jackson, MI 49202
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$94,491
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Great family home! Great location for commuters! Large living room and dining room.  Open floor plan with updated kitchen and main floor bedroom.  Front, back porch and large fenced in back yard.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$53
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1894

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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 #21047922)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by C-21 Affiliated - Jackson $69,900
Listed by C-21 Affiliated - Jackson

Property Highlights

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,229
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COOPER STREET ADD
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 COOPER STREET ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 8-252400000
  • Lot: 3
  • Municipality: JACKSON CITY
  • Latitude: 42.264
  • Longitude: -84.4046

    Address

  • Full Address: 111 Hobart St
  • Legal Unit: 3
  • Address - House Number: 111
  • Address - Street Name: Hobart
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C009
  • 4-Digit Zip Code: 2343
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $132,129
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.4727
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 5
  • Final Value: 111,507
  • High Value: 164,226
  • Low Value: 58,787

    Market Valuation

  • Market Total Value: $82,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2861250
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 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: RHONDA K. MILES, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047922
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 111 Hobart Street built and last sold?
The property at 111 Hobart Street was built in 1894 and last sold on Sep 24, 2020 for $64,000.
How much is this home worth?
The estimated value of the home located at 111 Hobart Street is $0.
What are some comparable homes to 111 Hobart Street?
There are currently no comparable homes to 111 Hobart Street.
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