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Jackson 49203
235 Watts Street
$10,500
● House - Off Market

235 Watts Street

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$12,209
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Investment opportunity in Blackman Twp. Property has nice screened in porch on a cement slab. Home is in need of repairs and priced to offer a nice opportunity for investors or owner occupants. If you are handy this is your chance to invest a little and have your own place to fix up. Property was previously rented and owners have never lived in home. Cash only no land contract. If purchaser wishes to replace manufactured home they should contact Blackman Twp regarding what is allowed.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$17
Property Type
House
Property Taxes
$104
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 #23008875)

Price History

Date / Event Date Event Price
Apr 25, 2023 Sold
Premium
Sold
Mar 27, 2023 Listed by ERA REARDON REALTY, L.L.C. $12,000
Listed by ERA REARDON REALTY, L.L.C.
May 7, 2009 Sold
Premium
Sold
Nov 5, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,273
  • Lot Size Depth Feet: 1,396
  • Lot Size Frontage Feet: 450
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NELSON M SWEETS SUBDIVISION
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 24 NELSON M. SWEET'S SUBDIVISION

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 005900

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-36-419-019-00
  • Lot: 24
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2516
  • Longitude: -84.3708

    Address

  • Full Address: 235 Watts St
  • Legal Unit: 24
  • Address - House Number: 235
  • Address - Street Name: Watts
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2142
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $42,852
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 70,467
  • High Value: 88,116
  • Low Value: 52,817

    Market Valuation

  • Market Total Value: $37,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2009
  • Current Sale Recording Date: May 07, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2536760
  • Previous Sale Recording Date: Nov 05, 2002
  • Previous Sale Contract Date: Oct 12, 2002
  • Previous Sale Amount: $17,000
  • 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: VIKKI PUDIL, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23008875
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 235 Watts Street built and last sold?
The property at 235 Watts Street was built in and last sold on May 4, 2009 for $17,500.
How much is this home worth?
The estimated value of the home located at 235 Watts Street is $0.
What are some comparable homes to 235 Watts Street?
There are currently no comparable homes to 235 Watts Street.
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