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Jackson 49202
518 W Ganson Street
$199,900
● House - Off Market

518 W Ganson Street

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,200 Ft²
$1,415
Est. Monthly
11.81%
Cap Rate

About This Property

Why rent when you can buy for less! New Built home under construction, completion Fall of 2024. Open floor plan with 3 bedrooms, 2.5 full bath, 1st floor laundry and a full basement with 600 square feet to finish. Designer kitchen includes stainless steel microwave and dishwasher Granite countertops in both the kitchen and bathrooms. A 6 ft slider in the dining area to a future deck/patio.  Standards include 2 x 4 construction, high efficiency furnace and water heater, central air, low E energy efficient windows and 200 amp electrical to name a few. Contact today for a tour of this plan and reserve your new home today!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$167
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
-

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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 #24021852)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Aug 18, 2024 In contract -
In contract
May 3, 2024 Listed by IMPACT REAL ESTATE, LLC $199,900
Listed by IMPACT REAL ESTATE, LLC
Aug 8, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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
  • Business/Commerical Units Count: 2
  • 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: 11,543
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 660
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SEATONS ADD
  • Land Acres: 0000000265
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: LOT 10 EX N 14 FT BLK 2 SEATON'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000100

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 2-27
  • District: 50
  • Parcel: 2-113200000
  • Block: 2
  • Lot: 10
  • Municipality: JACKSON CITY
  • Latitude: 42.2551
  • Longitude: -84.4176

    Address

  • Full Address: 518 W Ganson St
  • Legal Unit: 10
  • Address - House Number: 518
  • Street Direction: W
  • Address - Street Name: Ganson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C036
  • 4-Digit Zip Code: 1039
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 50

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Oct 29, 1981
  • Current Sale Recording Date: Aug 08, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2203027
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 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: TRACY SNYDER, IMPACT REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24021852
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 518 West Ganson Street built and last sold?
The property at 518 West Ganson Street was built in and last sold on Oct 29, 1981 for $8,018.
How much is this home worth?
The estimated value of the home located at 518 West Ganson Street is $198,684.
What are some comparable homes to 518 West Ganson Street?
There are currently no comparable homes to 518 West Ganson Street.
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