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Jackson 49203
1522 Kensington Drive
$176,750
● House - Off Market

1522 Kensington Drive

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,318 Ft²
$1,135
Est. Monthly
15.26%
Cap Rate

About This Property

Discover pride of ownership in this well-maintained 3-bedroom, 1-bath home, nestled in the heart of Summit Township. This inviting property features a cozy fireplace, perfect for relaxing evenings, and a detached 1-car garage providing added convenience and storage. With its warm atmosphere and desirable location, this home is ready to welcome its next owners. Don't miss the chance to make it yours!
Unit Size
1,318 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$133
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1952

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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 #24063041)

Price History

Date / Event Date Event Price
Mar 18, 2025 Sold
Premium
Sold
Feb 18, 2025 In contract -
In contract
Feb 12, 2025 Price Decreased $175,000
↓ $15K (7.9%)
Price Decreased
Feb 4, 2025 Price Decreased $189,900
↓ $5K (2.6%)
Price Decreased
Dec 16, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $195,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,981
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,318
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER DOWNS SUBDIVISION
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 2 HEATHER DOWNS

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005302

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 250-13-09-381-002-00
  • Lot: 2
  • Municipality: SUMMIT TWP
  • Latitude: 42.2188
  • Longitude: -84.4367

    Address

  • Full Address: 1522 Kensington Dr
  • Legal Unit: 2
  • Address - House Number: 1522
  • Address - Street Name: Kensington
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 4976
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,721
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2769
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 60
  • Final Value: 185,456
  • High Value: 236,812
  • Low Value: 134,100

    Market Valuation

  • Market Total Value: $156,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2017
  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2774935
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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24063041
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 1522 Kensington Drive built and last sold?
The property at 1522 Kensington Drive was built in 1952 and last sold on Jul 20, 2017 for $105,000.
How much is this home worth?
The estimated value of the home located at 1522 Kensington Drive is $0.
What are some comparable homes to 1522 Kensington Drive?
There are currently no comparable homes to 1522 Kensington Drive.
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