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Jackson 49201
1173 LEXINGTON BLVD
$305,000
● House - Off Market

1173 LEXINGTON BLVD

Jackson, MI 49201
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,800 Ft²
$525,421
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
Unit Size
3,800 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$80
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
2003

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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 #21059407)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Sep 11, 2020 Listed by HOWARD HANNA REAL ESTATE SERVI $375,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 20, 2016 Sold
Premium
Sold
Jan 31, 2016 Listed by HOWARD HANNA REAL ESTATE SERVI $305,000
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,138
  • Garage Type: 7
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,339
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THREE FORTY FARMS #8
  • Land Acres: 0000000421
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 177 OF THREE FORTY FARMS NO 8 A RECORDED PLAT SEC 28 T3S R1W

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005201

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 564-13-28-405-178-00
  • Lot: 177
  • Meridian: SEC 28 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.183
  • Longitude: -84.4386

    Address

  • Full Address: 1173 Lexington Blvd
  • Legal Unit: 177
  • Address - House Number: 1173
  • Address - Street Name: Lexington
  • Address - Suffix Type: Blvd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 9856
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,722
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 416,515
  • High Value: 521,267
  • Low Value: 311,762

    Market Valuation

  • Market Total Value: $398,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2865248
  • Previous Sale Recording Date: Apr 20, 2016
  • Previous Sale Contract Date: Feb 04, 2016
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: 71
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: SHERRY HOOD, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21059407
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 1173 Lexington Boulevard built and last sold?
The property at 1173 Lexington Boulevard was built in 2003 and last sold on Oct 30, 2020 for $377,000.
How much is this home worth?
The estimated value of the home located at 1173 Lexington Boulevard is $0.
What are some comparable homes to 1173 Lexington Boulevard?
There are currently no comparable homes to 1173 Lexington Boulevard.
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