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Jackson 49203
2403 Foote Manor Drive
$216,500
● House - Off Market

2403 Foote Manor Drive

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,159 Ft²
$1,377
Est. Monthly
16.01%
Cap Rate

About This Property

Just off of Spring Arbor Road and a stones throw from Cascade park awaits your spacious new home.  The first floor boasts a large inviting living room, complete with fireplace and bay window filling the space with natural light. An additional sitting room, office, formal dining room and eat in area off of the kitchen provide ample space for all your needs.  Upstairs you will find 4 gracious bedrooms and your full bath. The basement offers recreation and work space with storage solutions. Enjoy the nature outside on your half acre parcel while relaxing on the back deck, enjoying the privacy your foliage provides.  This classic traditional home is ready to be yours- and in this desirable neighborhood it won't last long! Welcome home to 2403 Foote Manor!
Unit Size
2,159 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$111
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1941

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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 #24042063)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Oct 16, 2024 In contract -
In contract
Sep 30, 2024 No longer available -
No longer available
Aug 30, 2024 Price Decreased $239,900
↓ $10K (4%)
Price Decreased
Aug 13, 2024 Listed by The Brokerage House $250,000
Listed by The Brokerage House

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 871
  • Garage Type: 7
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,738
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 2,009
  • Building Area: 2,009
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,009
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOOTE GROVE MANOR
  • Land Acres: 0000000522
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 207 AND THAT PART OF LOT 206 DESCD AS---BEG ON THE W LN OF LOT 206 AT A PT 26 1/2 FT S OF SW COR OF LOT 207 TH NELY ALG

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005301

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 190-13-05-486-200-00
  • Lot: 207,206
  • Municipality: SUMMIT TWP
  • Latitude: 42.2367
  • Longitude: -84.4434

    Address

  • Full Address: 2403 Foote Manor Dr
  • Address - House Number: 2403
  • Address - Street Name: Foote Manor
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C004
  • 4-Digit Zip Code: 2722
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $152,776
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 258,084
  • High Value: 322,992
  • Low Value: 193,177

    Market Valuation

  • Market Total Value: $231,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,900

    Exemptions

  • Homeowner Exemption: Yes
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

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: CLIFFORD L COLE, The Brokerage House
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24042063
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 2403 Foote Manor Drive built and last sold?
The property at 2403 Foote Manor Drive was built in 1941 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2403 Foote Manor Drive is $245,399.
What are some comparable homes to 2403 Foote Manor Drive?
There are currently no comparable homes to 2403 Foote Manor Drive.
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