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Jackson 49202
317 Hibbard Avenue
$124,000
● House - Off Market

317 Hibbard Avenue

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,095 Ft²
$725
Est. Monthly
15.21%
Cap Rate

About This Property

Discover the charm of this inviting 3-bedroom, 1-bath home, perfect for comfortable living. Featuring a convenient main-floor bedroom and bathroom, this residence offers ease and accessibility. The bright and airy layout includes a cozy living area, a functional kitchen, and two additional spacious bedrooms upstairs. Outside, enjoy the 2-car garage providing ample storage and parking. Nestled in a friendly neighborhood, this home combines practicality with cozy charm, ready to welcome you home.
Unit Size
1,095 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$114
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1920

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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 #24027744)

Price History

Date / Event Date Event Price
Jul 2, 2024 Sold
Premium
Sold
Jun 4, 2024 In contract -
In contract
Jun 3, 2024 Listed by ERA REARDON REALTY, L.L.C. $125,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 727
  • 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: 5,793
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,095
  • Building Area: 1,095
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,095
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MRS M J SMITHS WILDWOOD ADD
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 22 FT OF LOT 5 & S 22 FT OF LOT 6 BLK 2 MRS M J SMITH'S WILDWOOD ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000500

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 2-20
  • District: 50
  • Parcel: 2-083900000
  • Block: 2
  • Lot: 5-6
  • Municipality: JACKSON CITY
  • Latitude: 42.252
  • Longitude: -84.4258

    Address

  • Full Address: 317 Hibbard Ave
  • Legal Unit: 5,6
  • Address - House Number: 317
  • Address - Street Name: Hibbard
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 4213
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $108,557
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 131,108
  • High Value: 164,082
  • Low Value: 98,135

    Market Valuation

  • Market Total Value: $87,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,800

    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:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 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 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera
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: Jeff Windham, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24027744
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 317 Hibbard Avenue built and last sold?
The property at 317 Hibbard Avenue was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 317 Hibbard Avenue is $0.
What are some comparable homes to 317 Hibbard Avenue?
There are currently no comparable homes to 317 Hibbard Avenue.
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