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Jackson 49203
2007 Cascade Drive
$234,900
● House - Off Market

2007 Cascade Drive

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,522 Ft²
$1,456
Est. Monthly
10.72%
Cap Rate

About This Property

Discover this Charming 3 Bedroom, 2 Full Bath Ranch Home, featuring Hardwood Flooring. Enjoy Cozy Evenings by the Fireplace, one in the Living Room & the other in the Spacious Family Room. The Full Basement offers Additional Storage or potential for Extra Living Space. The attached 2-Car Garage provides convenience, while the UV Light Air Scrubber ensures a Cleaner, Healthier Environment. Step outside to a Composite Deck, perfect for Relaxing or Entertaining, & let the Kids play on the play structure in the yard. Close to Cascades Park & the Falling Water Walking Trail. A Perfect Blend of Comfort & Style.
Unit Size
1,522 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$154
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1955

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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 #24051942)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Jan 8, 2025 In contract -
In contract
Nov 16, 2024 Price Decreased $234,900
↓ $5K (2.1%)
Price Decreased
Oct 2, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $239,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 30, 2019 Listed by NON-MEMBER REALTOR 'LIST' $149,000
Listed by NON-MEMBER REALTOR 'LIST'
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 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: 1,522
  • 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: 1,440
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,522
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREGLOW HEIGHTS
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 CREGLOW HTS BEING A PART OF SE1/4 OF SEC 9 T3S R1W

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-46A
  • District: 50
  • Parcel: 3-3175.0300
  • Lot: 3
  • Meridian: SEC 09 TWN 03S RNG 01W
  • Municipality: JACKSON CITY
  • Latitude: 42.2253
  • Longitude: -84.4297

    Address

  • Full Address: 2007 Cascade Dr
  • Legal Unit: 3
  • Address - House Number: 2007
  • Address - Street Name: Cascade
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C020
  • 4-Digit Zip Code: 3809
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285,135
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 202,750
  • High Value: 250,138
  • Low Value: 155,362

    Market Valuation

  • Market Total Value: $139,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2019
  • Current Sale Recording Date: Apr 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2821807
  • Previous Sale Recording Date: Apr 25, 2018
  • Previous Sale Contract Date: Apr 19, 2018
  • Previous Sale Amount: $129,500
  • Previous Sale Document Type: 71
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

Rentals Near You

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MichRIC

Listed by: JESSIE KOEBBE-WOOD, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24051942
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 2007 Cascade Drive built and last sold?
The property at 2007 Cascade Drive was built in 1955 and last sold on Apr 19, 2019 for $149,000.
How much is this home worth?
The estimated value of the home located at 2007 Cascade Drive is $0.
What are some comparable homes to 2007 Cascade Drive?
There are currently no comparable homes to 2007 Cascade Drive.
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