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Jackson 49202
2306 Lancaster Boulevard
$90,000
● House - Off Market

2306 Lancaster Boulevard

Jackson, MI 49202
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,095 Ft²
$150,253
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

You will love this spacious 4 bedroom Cape Cod. Beautifully redecorated interior. Combo dining and kitchen with adjacent laundry/mud room. Two first floor bedrooms and two second story bedrooms that one could use for a open office space. Living room and first floor bedrooms complete with hardwood floors. Detached garage with connecting shed that offers tons of storage. Private, fenced backyard with generous amount of lawn for recreational use. Large 1/3 of an acre lot located on a quiet, low traffic street in Blackman Township. Easy, quick access to highways and shopping.
Unit Size
1,095 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$81
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
-

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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: 3 years ago (MichRIC MLS #46308)

Price History

Date / Event Date Event Price
Sep 28, 2016 Sold
Premium
Sold
Jul 14, 2016 Listed by Howard Hanna $89,000
Listed by Howard Hanna
Sep 7, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 125
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 784
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,284
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 820
  • Total Building Area: 910
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 910
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VARDEN PARK
  • Land Acres: 0000000282
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 2 BLOCK 4 VARDEN PARK

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005502

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-33-107-004-00
  • Block: 4
  • Lot: 2
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2583
  • Longitude: -84.4418

    Address

  • Full Address: 2306 Lancaster Blvd
  • Legal Unit: 2
  • Address - House Number: 2306
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Blvd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C015
  • 4-Digit Zip Code: 2934
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $245,033
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 61
  • Final Value: 166,101
  • High Value: 210,964
  • Low Value: 121,238

    Market Valuation

  • Market Total Value: $120,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000

    Sales

  • Current Sale Contract Date: Sep 26, 2016
  • Current Sale Recording Date: Sep 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2750657
  • Previous Sale Recording Date: Sep 07, 2005
  • Previous Sale Contract Date: Aug 31, 2005
  • Previous Sale Amount: $100,000
  • 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:

$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: Geri Uihlein, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 46308
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 2306 Lancaster Boulevard built and last sold?
The property at 2306 Lancaster Boulevard was built in and last sold on Sep 26, 2016 for $90,000.
How much is this home worth?
The estimated value of the home located at 2306 Lancaster Boulevard is $93,184.
What are some comparable homes to 2306 Lancaster Boulevard?
There are currently no comparable homes to 2306 Lancaster Boulevard.
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