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Jackson 49203
264 S Sutton Road
$220,000
● House - Off Market

264 S Sutton Road

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
928 Ft²
$1,084
Est. Monthly
5.23%
Cap Rate

About This Property

Wonderful location and setting for this well cared for 2 bedroom home, featuring a full appliance package and an updated bathroom! Outside you will find a large pole barn and a beautiful 2 acre lot with mowed walking trails! All financing types considered!
Unit Size
928 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$210
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1980

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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 #24020721)

Price History

Date / Event Date Event Price
Jun 3, 2024 Sold
Premium
Sold
Apr 30, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $194,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Mar 1, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 928
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NW COR OF SEC 5 TH E ALG S LN OF SEC 32 T2S R1E 2290.45 FT TO CEN LN OF SUTTON RD TH N ALG CEN LN OF SD RD 426.92 FT

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-32-377-007-01
  • Meridian: SEC 32 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2492
  • Longitude: -84.3391

    Address

  • Full Address: 264 S Sutton Rd
  • Address - House Number: 264
  • Street Direction: S
  • Address - Street Name: Sutton
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C012
  • 4-Digit Zip Code: 2428
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $103,563
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 175,968
  • High Value: 209,452
  • Low Value: 142,483

    Market Valuation

  • Market Total Value: $130,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,372

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 1991
  • Current Sale Recording Date: Mar 01, 1991
  • 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:

$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

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MichRIC

Listed by: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24020721
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 264 South Sutton Road built and last sold?
The property at 264 South Sutton Road was built in 1980 and last sold on Mar 1, 1991 for $50,000.
How much is this home worth?
The estimated value of the home located at 264 South Sutton Road is $0.
What are some comparable homes to 264 South Sutton Road?
There are currently no comparable homes to 264 South Sutton Road.
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