$177,000
●
House -
Off Market
1418 ROWAN ST
Jackson, MI 49203
4 Beds
2 Baths,
1
Half Bath
2,600 Ft²
$227,250
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
**NOTICE: Best & Final Offers Due Tuesday 11/24/2020 before 6pm**
Fall in love with this lovingly updated home! Fresh
landscaping, new garage door, front entrance w/new screen door and
warm freshly painted main entrance this home invites you in.
Spacious living room with a beautiful fireplace, dining room & 3
secluded, private bedrooms. Freshly painted throughout, new carpet,
vinyl plank flooring at entry & in kitchen. Beautiful hardwood
floors shine in 2 of the 3 bedrooms. Main bath renewed with
reglazed tup and tile, new tile floors, vanity, shower door,
plumbing & light fixtures & toilet. Kitchen is scrubbed clean,
repainted, new flooring and lighting. Even the breezeway got a hug
with new carpet to better enjoy the light filled transitional
space. The finished walkout basement is warmed by the 2nd limestone
fireplace, bar area, laundry & potential bedroom/office. Large
corner lot. This home has been methodically updated adding comfort
and value. Call today for a private showing.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$67
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1955
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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 #21047358)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2024 | No longer available | - | |
| No longer available | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by Keller Williams Realty | $219,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Come take a look before it's gone! This flip opportunity in Jackson, Michigan is a 3-bedroom, 1.5-bathroom home with the potential for a 4th bedroom and additional living space in the basement! The property features a newer deck, providing a space for outdoor relaxation or entertainment. The spacious layout offers flexibility for customization. The walkout basement is ready for the next owner to update and renovate, making it a blank canvas for your creative vision. All offers due by 01/22/2024 at 7PM. The manager has listed the unit size as 1664 square feet.
| |||
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by ERA REARDON REALTY, L.L.C. | $175,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Jackson
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Listed by: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047358
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.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047358
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