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Jackson 49201
408 N PERRINE ST
$37,000
● House - Off Market

408 N PERRINE ST

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
986 Ft²
$56,844
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Built in 1991. This 3 bedroom ranch-styled home offers an eat-in space kitchen, main level laundry room and shed. New hot water heater in 2017. Located within walking distance to Allegiance hospital and Loomis park.
Unit Size
986 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$38
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
1991

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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 #21053959)

Price History

Date / Event Date Event Price
Jul 9, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by HOWARD HANNA REAL ESTATE SERVI $37,500
Listed by HOWARD HANNA REAL ESTATE SERVI
Oct 4, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 986
  • Building Area: 986
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 986
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORDS EASTERN EXTENSION
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 0236.1 S 1/2 OF LOTS 6 & 7 BLK 4 AN EXT OF THE VILLAGE OF JACKSONBURGH ON E SIDE OF GRAND RIVER KNOWN AS FORD'S EASTERN EXT

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 006900

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: MAPS 7-7
  • District: 50
  • Parcel: 7-0237.1000
  • Block: 4
  • Lot: 6-7
  • Municipality: JACKSON CITY
  • Latitude: 42.2521
  • Longitude: -84.3986

    Address

  • Full Address: 408 N Perrine St
  • Address - House Number: 408
  • Street Direction: N
  • Address - Street Name: Perrine
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C024
  • 4-Digit Zip Code: 1727
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $163,667
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 68
  • Final Value: 67,404
  • High Value: 82,856
  • Low Value: 51,952

    Market Valuation

  • Market Total Value: $39,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2018
  • Current Sale Recording Date: Jul 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2800783
  • Previous Sale Recording Date: Oct 04, 2007
  • Previous Sale Contract Date: Sep 26, 2007
  • Previous Sale Amount: $42,873
  • Previous Sale Document Type: 64
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 833 Backus Street, Jackson, MI, 49202

$1,595 /mo

  • 2 Beds
  • 1 Bath
  • 788 ft²
833 Backus Street, Jackson, MI, 49202 Listing by ERIC ROPP

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: MARY L LYONS, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21053959
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 408 North Perrine Street built and last sold?
The property at 408 North Perrine Street was built in 1991 and last sold on Jun 28, 2018 for $37,000.
How much is this home worth?
The estimated value of the home located at 408 North Perrine Street is $41,616.
What are some comparable homes to 408 North Perrine Street?
There are currently no comparable homes to 408 North Perrine Street.
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