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Jackson 49203
118 WATTS ST
$55,000
● House - Off Market

118 WATTS ST

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,428 Ft²
$91,029
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Looking to move into East Jackson schools but want to stay close to shopping? Then this 3 bedroom Blackman township two story is perfect! Move-in ready home features wood floors, appliances, dining room, spacious living room, foyer, and many updates including:  Water heater (2011), insulation, electrical, garage roof, gutters, and almost all new windows. Property includes a 18x26 barn that could be used as workshop or 1.5 car garage.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$42
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
-

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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 #21052505)

Price History

Date / Event Date Event Price
Jan 18, 2019 Sold
Premium
Sold
Sep 1, 2018 Listed by PRODUCTION REALTY $59,900
Listed by PRODUCTION REALTY
Jul 2, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 552
  • Garage Type: 7
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,576
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: G H BEANS SUBDIVISION
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S 34 FT OF E 116 FT OF LOT 21 AND THE N 14 FT OF THE E 116 FT OF LOT 22 G.H. BEAN'S SUB-DIVISION. ALSO THAT PART OF

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 005900

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-36-418-014-00
  • Lot: 21-22
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2535
  • Longitude: -84.3714

    Address

  • Full Address: 118 Watts St
  • Legal Unit: 21,22
  • Address - House Number: 118
  • Address - Street Name: Watts
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2183
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $73,788
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 106,745
  • High Value: 135,136
  • Low Value: 78,353

    Market Valuation

  • Market Total Value: $83,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 15, 2019
  • Current Sale Recording Date: Jan 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2813474
  • Previous Sale Recording Date: Jul 02, 2001
  • Previous Sale Contract Date: Jun 27, 2001
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: 40
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: AMY E GILPIN, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21052505
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 118 Watts Street built and last sold?
The property at 118 Watts Street was built in and last sold on Jan 15, 2019 for $55,000.
How much is this home worth?
The estimated value of the home located at 118 Watts Street is $0.
What are some comparable homes to 118 Watts Street?
There are currently no comparable homes to 118 Watts Street.
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