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Jackson 49202
138 Willow Street
$110,000
● House - Off Market

138 Willow Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
830 Ft²
$689
Est. Monthly
9.02%
Cap Rate

About This Property

This beautifully renovated home offers the charm of a new construction with the convenience of a prime location. Located near shopping, restaurants, and highways, this two-bedroom property has been completely renovated from the studs out. The renovations include new electrical, drywall, kitchen, bathroom, flooring, roof, and windows, ensuring a modern and comfortable living space. Enjoy the welcoming atmosphere of the lovely front porch, perfect for relaxing or entertaining. Inside, the main floor laundry adds convenience to your daily routine. With its ideal location and stunning renovations, this home offers the perfect blend of comfort and convenience.
Unit Size
830 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$149
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 #24010697)

Price History

Date / Event Date Event Price
Apr 5, 2024 Sold
Premium
Sold
Mar 5, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $110,000
Listed by RE/MAX MID-MICHIGAN R.E.
Jun 20, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,793
  • Total Building Area: 750
  • Building Area: 750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 750
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EGGLESTONS ADDITION
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT CEN OF SEC 36 TH E ALG E&W 1/4 LN 660 FT TH N PAR WITH N&S 1/4 LN 539 FT TO A PT IN THE W LN OF WILLOW ST WHICH SD PT

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-36-251-007-00
  • Meridian: SEC 36 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2564
  • Longitude: -84.3723

    Address

  • Full Address: 138 Willow St
  • Address - House Number: 138
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 3753
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $119,608
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 88,231
  • High Value: 110,329
  • Low Value: 66,132

    Market Valuation

  • Market Total Value: $57,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,500

    Sales

  • Current Sale Contract Date: Jun 12, 2001
  • Current Sale Recording Date: Jun 20, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2196640
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: KIRSTEN N KNUEPPEL-MOGLE, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24010697
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 138 Willow Street built and last sold?
The property at 138 Willow Street was built in and last sold on Jun 12, 2001 for $31,000.
How much is this home worth?
The estimated value of the home located at 138 Willow Street is $0.
What are some comparable homes to 138 Willow Street?
There are currently no comparable homes to 138 Willow Street.
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