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Madison 38305
250 Bascom Rd
Photo of 250 Bascom Rd

47

Map

Photo of 250 Bascom Rd
Photo of 250 Bascom Rd
$824,999
● House - Off Market

250 Bascom Rd

Jackson, TN 38305
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,070 Ft²
$4,106
Est. Monthly
2.18%
Cap Rate

About This Property

Searching for a 4-bedroom, 3.5-bathroom home with a pool and county-only taxes? Look no further-this home truly has it all! The main floor features a primary bedroom ensuite, a large kitchen with plenty of cabinet space, and a sunny, inviting sunroom. Upstairs, you'll find a second primary bedroom ensuite, two additional bedrooms with a shared bathroom, a recreation room, and a bonus room. The third floor offers flexibility for storage or can be finished for added space. With numerous recent upgrades (list provided), this home is perfect for entertaining family, friends, and colleagues alike.
Unit Size
4,070 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$203
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1985

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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: 5 months ago (Realtracs #RTC2761660)

Price History

Date / Event Date Event Price
May 29, 2026 Temporarily off market -
Temporarily off market
May 29, 2026 Price Decreased $824,999
↓ $55K (6.2%)
Price Decreased
Nov 14, 2024 Listed by Epique Realty $879,900
Listed by Epique Realty
Jun 28, 2022 No longer available -
No longer available
Jun 13, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 89
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,024
  • Gross Building Area: 3,234
  • Building Area: 2,478
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,478
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: FILE #R 04311

Neighborhood

  • School District Name: Jackson-Madison County School System
  • Census Tract: 001609

Geography

  • Assessors Map Reference: 046
  • District: 03
  • Parcel: 046-016.10
  • Latitude: 35.6862
  • Longitude: -88.9285

    Address

  • Full Address: 250 Bascom Rd
  • Address - House Number: 250
  • Address - Street Name: Bascom
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Jackson
  • Carrier Code: R009
  • 4-Digit Zip Code: 8879
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 1,330
  • Tax Year: 2023
  • Tax Amount: $65,700
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 57A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 437,547
  • High Value: 638,440
  • Low Value: 236,653

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $47,500
  • Market Improvement Value: $92,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,000
  • Assessed Land Value: $11,875
  • Assessed Improvements Value: $23,125

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8432
  • Previous Sale Recording Date: May 24, 1993
  • Previous Sale Amount: $165,000
  • 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 Madison

Stats & Trends

Median Asking:

$276,950

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

84

Average Home Size

3026 ft²

Average Home Age

43.5 years

Currently For Sale

57 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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Realtracs

Listed by: Brenda McCartney, Epique Realty
Last Updated: 5 months ago
Data Source: Realtracs, MLS# RTC2761660
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 250 Bascom Road built and last sold?
The property at 250 Bascom Road was built in 1985 and last sold on Jun 24, 2022 for $161,000.
How much is this home worth?
The estimated value of the home located at 250 Bascom Road is $0.
What are some comparable homes to 250 Bascom Road?
There are currently no comparable homes to 250 Bascom Road.
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