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Jackson 49201
218 MIDLAND
$119,900
● House - Off Market

218 MIDLAND

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$182,972
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

What a great opportunity! This beautiful move-in ready 3 bedroom home has been meticulously cared for, updated and has so much to offer! Everything you need is located on the same level, no interior steps! Nice layout, exceptionally clean, plenty of storage & you'll enjoy the quiet neighborhood setting. Full appliance package, including washer, dryer & 2nd refrigerator, this home can even be purchased furnished, if so desired! Large laundry/utility room, newer roof, windows & mechanicals within the past 5 years, plus a brand-new drain field! 24x24 garage with a nice covered porch & electricity, perfect size yard with lovely landscaping & a garden shed. Don't wait, schedule your showing today!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$96
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1950

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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 #21056013)

Price History

Date / Event Date Event Price
Sep 22, 2017 Sold
Premium
Sold
Jul 28, 2017 Listed by RE/MAX MID-MICHIGAN R.E. $114,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 91
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEGELS EASTERN SUBDIVISION
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 13 BEGEL'S EASTERN SUBDIVISION SEC 34 T2S R1E

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006002

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-34-456-010-00
  • Lot: 13
  • Meridian: SEC 34 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2484
  • Longitude: -84.2926

    Address

  • Full Address: 218 Midland St
  • Legal Unit: 13
  • Address - House Number: 218
  • Address - Street Name: Midland
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 9609
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,367
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 228,216
  • High Value: 280,724
  • Low Value: 175,707

    Market Valuation

  • Market Total Value: $180,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,036

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2778860
  • Previous Sale Recording Date: Jun 18, 1996
  • Previous Sale Contract Date: Jun 18, 1996
  • Previous Sale Document Type: 55
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: Randy Hoyt, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21056013
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 218 Midland Avenue built and last sold?
The property at 218 Midland Avenue was built in 1950 and last sold on Sep 19, 2017 for $119,900.
How much is this home worth?
The estimated value of the home located at 218 Midland Avenue is $119,660.
What are some comparable homes to 218 Midland Avenue?
There are currently no comparable homes to 218 Midland Avenue.
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