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Jackson 49202
1316 Leroy Street
$126,500
● House - Off Market

1316 Leroy Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
976 Ft²
$724
Est. Monthly
9.27%
Cap Rate

About This Property

Charming 2 bdrm home on a quiet street, fenced backyard, detached 1 car garage - this home is easy to maintain & has everything you need! Inviting front porch, steps into nice sized Living Rm w/fireplace, Sun Rm, great for office, play room, etc., kitchen w/newer appliances & laminate flooring, which flows into the Dining Rm. Second floor features 2 spacious bdrms, nicely updated bathroom, small landing is perfect for plants or a small reading nook! Newer 100 Amp service, newer water heater, central air unit was new in 2019/2020+/-. What a great place to call HOME!
Unit Size
976 Ft²
Days on Market
28 days
Land Size
0.13 acres
Price per sqft
$128
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
1920

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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: 2 years ago (MichRIC MLS #25013029)

Price History

Date / Event Date Event Price
Apr 30, 2025 Sold
Premium
Sold
Apr 6, 2025 In contract -
In contract
Apr 2, 2025 Listed by ERA REARDON REALTY, L.L.C. $125,000
Listed by ERA REARDON REALTY, L.L.C.
Nov 14, 2017 Sold
Premium
Sold
Sep 8, 2017 Listed by ERA REARDON REALTY, L.L.C. $64,900
Listed by ERA REARDON REALTY, L.L.C.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 440
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,793
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 440
  • Total Building Area: 976
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 976
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSOR CRARYS PLAT
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 134 ASSESSOR CRARY'S PLAT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000400

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 8-078000000
  • Lot: 134
  • Municipality: JACKSON CITY
  • Latitude: 42.2568
  • Longitude: -84.3879

    Address

  • Full Address: 1316 Leroy St
  • Legal Unit: 134
  • Address - House Number: 1316
  • Address - Street Name: Leroy
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 3540
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $103,231
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 96,293
  • High Value: 120,510
  • Low Value: 72,075

    Market Valuation

  • Market Total Value: $62,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 09, 2017
  • Current Sale Recording Date: Nov 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2782482
  • Previous Sale Recording Date: Feb 05, 1999
  • Previous Sale Contract Date: Feb 03, 1999
  • Previous Sale Amount: $43,000
  • 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:

$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: TIMOTHY J ATKINS, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25013029
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 1316 Leroy Street built and last sold?
The property at 1316 Leroy Street was built in 1920 and last sold on Nov 9, 2017 for $62,000.
How much is this home worth?
The estimated value of the home located at 1316 Leroy Street is $119,662.
What are some comparable homes to 1316 Leroy Street?
There are currently no comparable homes to 1316 Leroy Street.
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