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Jackson 49201
1480 Wetherby Road
$403,000
● House - Off Market

1480 Wetherby Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,327 Ft²
$2,162
Est. Monthly
6.62%
Cap Rate

About This Property

Beautifully maintained 2002-built Stratford ranch home offers open floor plan with high ceilings. This spacious home features 3 generous bedrooms, primary bedroom & primary bath w/ in-floor heat & custom shower, a formal dining room, and plenty of natural light. The full finished walkout basement offers 9-ft ceilings, a rec room, kitchenette, full bath, propane gas heater, storage, and laundry. The heated 3-car garage includes two stalls with furnaces & a wash sink, plus a separate workshop stall with its own heat. patio for extra outdoor space to enjoy the covered patio with a TV mount, recessed lighting, and fan. Main floor offers ability for washer & dryer in kitchen, gas & water hookup available in nook. Furance is newer, most windows replaced, garage furnaces newer.
Unit Size
3,327 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$118
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
2002

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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: 2 years ago (MichRIC MLS #25005534)

Price History

Date / Event Date Event Price
Mar 6, 2025 Sold
Premium
Sold
Feb 22, 2025 In contract -
In contract
Feb 14, 2025 Listed by SPROAT REALTY PROFESSIONALS $392,000
Listed by SPROAT REALTY PROFESSIONALS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,727
  • Garage Type: 7
  • Garage Square Area: 884
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 438,649
  • Lot Size Depth Feet: 4,360
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,727
  • Building Area: 1,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,727
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010070
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT N 1/4 POST OF SEC 11 TH S00*31'22"E 1653.51 FT ALG THE N & S 1/4 LN OF SD SEC 11 AND CEN LN OF WETHERBY RD FOR P.O.B.

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006301

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS 37-18B
  • District: 08
  • Parcel: 000-18-11-176-001-04
  • Meridian: SEC 11 TWN 04S RNG 01W
  • Municipality: LIBERTY TWP
  • Latitude: 42.1407
  • Longitude: -84.3942

    Address

  • Full Address: 1480 Wetherby Rd
  • Address - House Number: 1480
  • Address - Street Name: Wetherby
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R011
  • 4-Digit Zip Code: 8559
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $258,704
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 71
  • Final Value: 360,371
  • High Value: 436,724
  • Low Value: 284,019

    Market Valuation

  • Market Total Value: $277,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2833305
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: MELISSA M. VANDERCOOK, SPROAT REALTY PROFESSIONALS
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25005534
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 1480 Wetherby Road built and last sold?
The property at 1480 Wetherby Road was built in 2002 and last sold on Sep 27, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 1480 Wetherby Road is $0.
What are some comparable homes to 1480 Wetherby Road?
There are currently no comparable homes to 1480 Wetherby Road.
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