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Jackson 49203
150 W Prospect Street Street
$130,000
● House - Off Market

150 W Prospect Street Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,481 Ft²
$841
Est. Monthly
7.05%
Cap Rate

About This Property

Welcome home to this brick bungalow with a very desirable floor plan. Main level features a large living room with a wood burning fireplace. Two great bedrooms and one full bath. Bonus room upstairs. Endless potential in the basement with the high ceiling and open layout. Spacious two car garage. Enclosed porch and rear deck that oversees a large back yard for all your entertaining needs. Reach out today to schedule a showing!
Unit Size
1,481 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$94
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1945

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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: 3 years ago (MichRIC MLS #23141056)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold
Premium
Sold
Nov 4, 2023 Listed by BNR Real Estate Group $139,900
Listed by BNR Real Estate Group
Aug 20, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,350
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,481
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,481
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARMONS ADD
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 1689 LOTS 22 & 23 BLK 6 HARMON'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 4-26
  • District: 50
  • Parcel: 4-168800000
  • Block: 6
  • Lot: 22-23
  • Municipality: JACKSON CITY
  • Latitude: 42.2276
  • Longitude: -84.4066

    Address

  • Full Address: 150 W Prospect St
  • Address - House Number: 150
  • Street Direction: W
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 4279
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $160,605
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 88
  • Final Value: 137,731
  • High Value: 153,025
  • Low Value: 122,436

    Market Valuation

  • Market Total Value: $80,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,400

    Sales

  • Current Sale Contract Date: Aug 15, 2012
  • Current Sale Recording Date: Aug 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2628312
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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23141056
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 150 West Prospect Street built and last sold?
The property at 150 West Prospect Street was built in 1945 and last sold on Aug 15, 2012 for $6,800.
How much is this home worth?
The estimated value of the home located at 150 West Prospect Street is $143,975.
What are some comparable homes to 150 West Prospect Street?
There are currently no comparable homes to 150 West Prospect Street.
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