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Jackson 49202
316 Seneca Drive
$165,000
● House - Off Market

316 Seneca Drive

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,066 Ft²
$951
Est. Monthly
16.77%
Cap Rate

About This Property

Quiet subdivision area of comparable real estate. Very convenient to US-127, Meijer, Aldi, and other shopping. Well cared for home with new flooring, eat-in kitchen with appliances, full basement, fenced backyard, and 3 season room. Hot water heat with central air conditioning.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$150
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1976

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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: 2 years ago (MichRIC MLS #25006369)

Price History

Date / Event Date Event Price
Apr 2, 2025 Sold
Premium
Sold
Mar 1, 2025 In contract -
In contract
Feb 20, 2025 Listed by C-21 Affiliated - Jackson $159,900
Listed by C-21 Affiliated - Jackson

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,066
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Total Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN VILLAGE
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 123 AND S 1/2 OF LOT 124 INDIAN VILLAGE

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 005900

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-36-228-010-00
  • Lot: 123-124
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2594
  • Longitude: -84.3685

    Address

  • Full Address: 316 Seneca Dr
  • Address - House Number: 316
  • Address - Street Name: Seneca
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C017
  • 4-Digit Zip Code: 3866
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,107
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 136,182
  • High Value: 170,432
  • Low Value: 101,933

    Market Valuation

  • Market Total Value: $128,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000

    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:

$234,900

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

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MichRIC

Listed by: WILLIAM H WHITE, C-21 Affiliated - Jackson
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25006369
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 316 Seneca Drive built and last sold?
The property at 316 Seneca Drive was built in 1976 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 316 Seneca Drive is $0.
What are some comparable homes to 316 Seneca Drive?
There are currently no comparable homes to 316 Seneca Drive.
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