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Jackson 49203
2615 Bow Street
$74,500
● House - Off Market

2615 Bow Street

Jackson, MI 49203
bedrooms
1 Bed
bathrooms
1 Bath
square feet
560 Ft²
$77,899
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Back on the market.  Buyer financing fell through.  Well maintained home functional 1 bedroom home will all the amenities and beautiful landscaping.  Fully functional kitchen, updated bathroom, central A.C., enclosed front porch, covered back deck, and functional basement are just some of the amenities the home offers.   Detached garage offers great additional space.  Call today for more information and to schedule a showing.
Unit Size
560 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$134
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
1927

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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 #22015920)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
May 4, 2022 Listed by GOOD EARTH REAL ESTATE, LLC $74,900
Listed by GOOD EARTH REAL ESTATE, LLC
Jun 15, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 560
  • Garage Type: 7
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,180
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 560
  • Building Area: 560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLANDS
  • Land Acres: 0000000073
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 56 EXC BEG AT NE COR OF SD LOT TH SWLY ALG NLY LN OF SD LOT 80 FT TH SELY PAR WITH ELY LN OF SD LOT 40 FT TH NELY ALG SLY

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005000

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 485-13-10-452-045-00
  • Lot: 56,80
  • Municipality: SUMMIT TWP
  • Latitude: 42.2207
  • Longitude: -84.4027

    Address

  • Full Address: 2615 Bow St
  • Address - House Number: 2615
  • Address - Street Name: Bow
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C030
  • 4-Digit Zip Code: 4530
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,343
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 70,670
  • High Value: 78,367
  • Low Value: 62,973

    Market Valuation

  • Market Total Value: $74,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2006
  • Current Sale Recording Date: Jun 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2443306
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

Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: CHRISTOPHER SPICER, GOOD EARTH REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22015920
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 2615 Bow Street built and last sold?
The property at 2615 Bow Street was built in 1927 and last sold on Jun 5, 2006 for $67,500.
How much is this home worth?
The estimated value of the home located at 2615 Bow Street is $75,908.
What are some comparable homes to 2615 Bow Street?
There are currently no comparable homes to 2615 Bow Street.
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