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Jackson 49203
1620 N Dade Drive
$520,000
● House - Off Market

1620 N Dade Drive

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,344 Ft²
$2,935
Est. Monthly
8.21%
Cap Rate

About This Property

Rarely does a home come along so beautifully reimagined it feels better than new-but here it is! From mechanicals to fixtures, every inch has been thoughtfully updated & styled to perfection. Perched on nearly an acre in the heart of Summit Township, this 4-bed, 3-bath ranch w/walkout boasts striking curb appeal, lush landscaping & impressive hardscaping that welcomes you home. Inside, enjoy a magazine-worthy kitchen, sunken living room & open-concept layout that's perfect for entertaining. The spacious primary suite features sweeping views, generous closet, and a gorgeous en-suite bath. Two more bedrooms, full bath, laundry, and mudroom complete the main level. The walkout level adds flex space,  guest room, full bath, storage & access to your outdoor oasis and new accessory garage.
Unit Size
3,344 Ft²
Days on Market
25 days
Land Size
0.80 acres
Price per sqft
$149
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1978

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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 #25027795)

Price History

Date / Event Date Event Price
Jul 8, 2025 Sold
Premium
Sold
Jun 17, 2025 In contract -
In contract
Jun 11, 2025 Listed by The Brokerage House $499,900
Listed by The Brokerage House
May 23, 2016 Sold
Premium
Sold
Apr 12, 2016 Listed by The Brokerage House $224,900
Listed by The Brokerage House

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,344
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,606
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 2,344
  • Building Area: 2,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARDEE MANOR #3
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 28 AND THAT PART OF LOT 29 DESCD AS---BEG AT SELY COR OF SD LOT TH NWLY ALG SLY LN 15.56 FT TO A CONCRETE MONUMENT TH

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005201

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 332-13-21-251-006-01
  • Lot: 28-29
  • Municipality: SUMMIT TWP
  • Latitude: 42.1998
  • Longitude: -84.4322

    Address

  • Full Address: 1620 N Dade Dr
  • Legal Unit: 28,29
  • Address - House Number: 1620
  • Street Direction: N
  • Address - Street Name: Dade
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C023
  • 4-Digit Zip Code: 5239
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,077
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 357,992
  • High Value: 435,481
  • Low Value: 280,504

    Market Valuation

  • Market Total Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2016
  • Current Sale Recording Date: May 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 2740839
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: JENIFER SCANLON, The Brokerage House
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25027795
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 1620 North Dade Drive built and last sold?
The property at 1620 North Dade Drive was built in 1978 and last sold on May 18, 2016 for $205,000.
How much is this home worth?
The estimated value of the home located at 1620 North Dade Drive is $478,661.
What are some comparable homes to 1620 North Dade Drive?
There are currently no comparable homes to 1620 North Dade Drive.
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