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Jackson 49203
2403 Midday Street
$175,000
● House - Off Market

2403 Midday Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,455 Ft²
$1,130
Est. Monthly
11.54%
Cap Rate

About This Property

Located in a popular neighborhood, this spacious home on a large corner lot, features 3 large bedrooms and 1.5 baths. Enjoy the convenience of first-floor laundry and a bedroom with an attached bathroom. The living and family rooms provide ample space, with the family room offering a bay window overlooking the private, fenced backyard. Outdoor amenities include a private patio, a 16 x 12 shed with electricity, and a two-car garage. Recent updates include a hot water heater and a new furnace installed in 2024. Don't miss out on this fantastic opportunity in a sought-after area. Schedule your viewing today!
Unit Size
1,455 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$127
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1946

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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 #24035675)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Oct 14, 2024 Price Decreased $185,000
↓ $10K (5.1%)
Price Decreased
Oct 14, 2024 In contract -
In contract
Sep 12, 2024 No longer available -
No longer available
Jul 30, 2024 Price Decreased $195,000
↓ $10K (4.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,455
  • Building Area: 1,455
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,455
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASCADE VISTA ADD
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 CASCADE VISTA ADDITION NO 2

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005302

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 142-13-09-357-016-00
  • Lot: 11
  • Municipality: SUMMIT TWP
  • Latitude: 42.2212
  • Longitude: -84.4396

    Address

  • Full Address: 2403 Midday St
  • Legal Unit: 11
  • Address - House Number: 2403
  • Address - Street Name: Midday
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 3708
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $196,299
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 188,313
  • High Value: 238,400
  • Low Value: 138,226

    Market Valuation

  • Market Total Value: $136,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,300

    Sales

  • Current Sale Contract Date: Jun 23, 2005
  • Current Sale Recording Date: Jul 08, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2402962
  • Previous Sale Recording Date: Jan 29, 2002
  • Previous Sale Contract Date: Jan 15, 2002
  • Previous Sale Amount: $122,400
  • 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Valerie Stover, Val Stover Real Estate Team
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24035675
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 Midday Street built and last sold?
The property at 2403 Midday Street was built in 1946 and last sold on Jun 23, 2005 for $134,000.
How much is this home worth?
The estimated value of the home located at 2403 Midday Street is $0.
What are some comparable homes to 2403 Midday Street?
There are currently no comparable homes to 2403 Midday Street.
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