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Jackson 49202
407 Seymour Avenue
$69,000
● House - Off Market

407 Seymour Avenue

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$575
Est. Monthly
33.98%
Cap Rate

About This Property

Freshly painted interior. Enclosed front porch. Vacant ready to move-into. Hardwood floors under carpet (not sure of condition).
Unit Size
1,144 Ft²
Days on Market
163 days
Land Size
0.09 acres
Price per sqft
$68
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1910

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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: 2 years ago (MichRIC MLS #24057951)

Price History

Date / Event Date Event Price
Apr 17, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Jan 16, 2025 Price Decreased $78,000
↓ $7K (8.1%)
Price Decreased
Dec 17, 2024 Price Decreased $84,900
↓ $7K (7.7%)
Price Decreased
Nov 5, 2024 Listed by Sproat Realty Professionals-J $92,000
Listed by Sproat Realty Professionals-J
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 572
  • Garage Type: 7
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,703
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSOR CRARYS
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 61 ASSESSOR CRARY'S PLAT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000400

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 8-12
  • District: 50
  • Parcel: 8-071400000
  • Lot: 61
  • Municipality: JACKSON CITY
  • Latitude: 42.2552
  • Longitude: -84.3857

    Address

  • Full Address: 407 Seymour Ave
  • Legal Unit: 61
  • Address - House Number: 407
  • Address - Street Name: Seymour
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 3562
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,743
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2697
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 61
  • Final Value: 101,109
  • High Value: 128,387
  • Low Value: 73,831

    Market Valuation

  • Market Total Value: $64,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,400

    Sales

  • Current Sale Contract Date: Jul 24, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 44
  • Current Sale Input Document Number: 2896005
  • Previous Sale Recording Date: Oct 09, 2017
  • Previous Sale Contract Date: Oct 04, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 44

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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

1485 ft²

Average Home Age

98.3 years

Currently For Sale

119 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: SUSAN M MOHLMAN, Sproat Realty Professionals-J
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24057951
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 407 Seymour Avenue built and last sold?
The property at 407 Seymour Avenue was built in 1910 and last sold on Jul 24, 2021 for $75,000.
How much is this home worth?
The estimated value of the home located at 407 Seymour Avenue is $81,379.
What are some comparable homes to 407 Seymour Avenue?
There are currently no comparable homes to 407 Seymour Avenue.
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