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Jackson 49202
414 Bates Street
$149,000
● House - Off Market

414 Bates Street

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,231 Ft²
$900
Est. Monthly
10.90%
Cap Rate

About This Property

Experience urban comfort in this fully renovated 3-bed, 2-full-bath home in the city of Jackson. Boasting elegant tall ceilings, new kitchen appliances, cook top, main floor bedroom and full bathroom, enclosed front porch for relaxing in the summer, deck and fenced backyard, this residence seamlessly blends modern convenience with tranquil city living. Your perfect home awaits in this beautifully updated space. Aluminum siding, Conveniently located close to highways I-94 and US-127 ensuring an easy commute.
Unit Size
1,231 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$122
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1910

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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 #24018845)

Price History

Date / Event Date Event Price
May 28, 2024 Sold
Premium
Sold
Feb 25, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $149,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

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: 492
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,301
  • Building Area: 1,301
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,301
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEDALE ADD
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 1/2 OF LOT 24 BLK 1 ROSEDALE ADD

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-8
  • District: 50
  • Parcel: 8-032900000
  • Block: 1
  • Lot: 24
  • Municipality: JACKSON CITY
  • Latitude: 42.2598
  • Longitude: -84.381

    Address

  • Full Address: 414 Bates St
  • Legal Unit: 24
  • Address - House Number: 414
  • Address - Street Name: Bates
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 3608
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $159,540
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 154,335
  • High Value: 171,473
  • Low Value: 137,197

    Market Valuation

  • Market Total Value: $81,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,600

    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

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MichRIC

Listed by: Nadia Chase, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24018845
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 414 Bates Street built and last sold?
The property at 414 Bates Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 414 Bates Street is $150,887.
What are some comparable homes to 414 Bates Street?
There are currently no comparable homes to 414 Bates Street.
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