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Jackson 49203
3454 Cambridge Avenue
$229,900
● House - Off Market

3454 Cambridge Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,225 Ft²
$1,177
Est. Monthly
8.77%
Cap Rate

About This Property

All you have to do here is unload the moving truck because all the works been done and it's located in the ever desirable Summit Twp, located near golf courses, parks, trails and shopping. This home was completely remodeled inside and out, windows, siding, doors, kitchen, 2 baths, mechanicals, appliances, granite tops, 30x30 pole barn etc, this list just goes on and on. Contact a REALTOR for a private tour of this property.
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$188
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1958

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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 #24030758)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 10, 2024 In contract -
In contract
Jul 9, 2024 Price Decreased $229,900
↓ $10K (4.2%)
Price Decreased
Jun 17, 2024 Listed by Executive Brokers Residential and Commercial Real Estate $239,900
Listed by Executive Brokers Residential and Commercial Real Estate
Feb 1, 2024 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING BROOK ESTATES
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S 36 FT OF LOT 17 AND THE N 36 FT OF LOT 18 SPRING BROOK ESTATES

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 495-13-16-331-013-00
  • Lot: 17-18
  • Municipality: SUMMIT TWP
  • Latitude: 42.208
  • Longitude: -84.4357

    Address

  • Full Address: 3454 Cambridge Ave
  • Legal Unit: 17,18
  • Address - House Number: 3454
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C022
  • 4-Digit Zip Code: 5107
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $127,000
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1106
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 96,106
  • High Value: 106,735
  • Low Value: 85,476

    Market Valuation

  • Market Total Value: $119,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2000
  • Current Sale Recording Date: May 25, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2155482
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 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Clifford Risner, Executive Brokers Residential and Commercial Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24030758
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 3454 Cambridge Avenue built and last sold?
The property at 3454 Cambridge Avenue was built in 1958 and last sold on May 17, 2000 for $71,450.
How much is this home worth?
The estimated value of the home located at 3454 Cambridge Avenue is $0.
What are some comparable homes to 3454 Cambridge Avenue?
There are currently no comparable homes to 3454 Cambridge Avenue.
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