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Jackson 49201
5004 Hematite Street
$323,000
● House - Off Market

5004 Hematite Street

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,482 Ft²
$1,829
Est. Monthly
7.85%
Cap Rate

About This Property

Discover this charming 3-bedroom, 2.5-bath home, built in 2004, located just outside the city in the desirable Northwest School District! This well-maintained property features fresh exterior paint, offering great curb appeal and a welcoming first impression. Inside, enjoy an open-concept floor plan with a spacious living room, a bright kitchen with ample storage, and a cozy dining area. The primary suite offers a private retreat with an en-suite bath and walk-in closet. Two additional bedrooms and a shared bath provide plenty of space for family or guests. With a convenient half bath on the main level and a large backyard perfect for outdoor fun, this home is move-in ready. Don't miss your chance to make it yours!
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$216
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
2004

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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: 2 years ago (MichRIC MLS #24061952)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Dec 21, 2024 In contract -
In contract
Dec 5, 2024 Listed by ERA REARDON REALTY, L.L.C. $319,900
Listed by ERA REARDON REALTY, L.L.C.
Jul 5, 2018 Sold
Premium
Sold
May 25, 2018 Listed by ERA REARDON REALTY, L.L.C. $199,900
Listed by ERA REARDON REALTY, L.L.C.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 725
  • Garage Type: 7
  • Garage Square Area: 510
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,155
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 940
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEGATE FARMS #2
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 165 STONEGATE FARMS NO 2

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005602

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 20-08B
  • District: 01
  • Parcel: 000-08-10-480-053-00
  • Lot: 165
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3077
  • Longitude: -84.4064

    Address

  • Full Address: 5004 Hematite St
  • Legal Unit: 165
  • Address - House Number: 5004
  • Address - Street Name: Hematite
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: R016
  • 4-Digit Zip Code: 8144
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,019
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 289,472
  • High Value: 354,905
  • Low Value: 224,038

    Market Valuation

  • Market Total Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2800581
  • Previous Sale Recording Date: Aug 12, 2004
  • Previous Sale Contract Date: Jul 30, 2004
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: 71
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

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MichRIC

Listed by: Jeff Windham, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24061952
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 5004 Hematite Street built and last sold?
The property at 5004 Hematite Street was built in 2004 and last sold on Jun 29, 2018 for $210,000.
How much is this home worth?
The estimated value of the home located at 5004 Hematite Street is $308,580.
What are some comparable homes to 5004 Hematite Street?
There are currently no comparable homes to 5004 Hematite Street.
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