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Jackson 49203
240 W High Street
$56,000
● House - Off Market

240 W High Street

Jackson, MI 49203
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,965 Ft²
$61,683
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Back on the Market through no fault of the seller or the home. This 5 bedroom 2 bath home has new vinyl siding, new replacement windows, and a new electric panel along with new pex plumbing, an updated furnace, an 8 year old roof, fresh paint, and an updated kitchen.  On the main floor you will have an open line of sight from the kitchen through the dining room and into the living room for easy conversations at get togethers.  The main floor also offers two bedrooms and a full bathroom.  Upstairs you will find the same floor plan.  There are 3 bedrooms and a full bath along with two additional rooms that could be for hobbies, or separate gathering spaces. Listing agent is related to the sellers.
Unit Size
1,965 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$30
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
1910

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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 #21112847)

Price History

Date / Event Date Event Price
Mar 8, 2022 Sold
Premium
Sold
Oct 28, 2021 Listed by EXIT REALTY 1ST LLC $59,900
Listed by EXIT REALTY 1ST LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 944
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 2,120
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,965
  • Building Area: 1,965
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,965
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TINKERS ADD
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LAND OWNED & USED AS ONE PARCEL & DESC AS COM AT A PT ON N LN OF HIGH ST 85 FT E OF E LN OF SHELDON AVE TH E 43 FT TH N 50 FT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001000

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 4-106500000
  • Lot: 16A
  • Meridian: SEC 03 TWN 03S RNG 01W
  • Municipality: JACKSON CITY
  • Latitude: 42.2331
  • Longitude: -84.4117

    Address

  • Full Address: 240 W High St
  • Address - House Number: 240
  • Street Direction: W
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C044
  • 4-Digit Zip Code: 3157
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $230,010
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 88
  • Final Value: 55,342
  • High Value: 61,416
  • Low Value: 49,268

    Market Valuation

  • Market Total Value: $68,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
    Premium
  • Current 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: Korey Rowlson, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21112847
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 240 West High Street built and last sold?
The property at 240 West High Street was built in 1910 and last sold on Mar 3, 2022 for $56,000.
How much is this home worth?
The estimated value of the home located at 240 West High Street is $0.
What are some comparable homes to 240 West High Street?
There are currently no comparable homes to 240 West High Street.
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