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Jackson 49201
520 E Trail Street
$140,000
● House - Off Market

520 E Trail Street

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$752
Est. Monthly
7.89%
Cap Rate

About This Property

Check out this clean and neat 2-3 bedroom home located near Henry Ford hospital and downtown Jackson. Large living room and dining room on main floor, kitchen was complete appliance package and laundry hook ups, new slider to the backyard. Upstairs features two bedrooms and a updated full bath. Possible third bedroom/den on the main floor. Nice porch on the front of the house to enjoy spring summer and fall. Large backyard with fenced, and two car garage with a bonus/work room. Brand new furnace, central AC, new hot water heater. Maintenance free exterior.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$112
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1930

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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 #24023243)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
May 17, 2024 In contract -
In contract
May 9, 2024 Listed by TOM SCHINDLER, REALTOR $134,000
Listed by TOM SCHINDLER, REALTOR

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 480
  • 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: 1,727
  • Building Area: 1,727
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,727
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORDS NORTH ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 12 BLK 6 FORD'S NORTH ADD

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 7-063700000
  • Block: 6
  • Lot: 12
  • Municipality: JACKSON CITY
  • Latitude: 42.2535
  • Longitude: -84.3997

    Address

  • Full Address: 520 E Trail St
  • Legal Unit: 12
  • Address - House Number: 520
  • Street Direction: E
  • Address - Street Name: Trail
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C024
  • 4-Digit Zip Code: 1643
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $91,767
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 116,133
  • High Value: 145,340
  • Low Value: 86,926

    Market Valuation

  • Market Total Value: $75,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,600

    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

Unit for rent at 765 Douglas Street, Jackson, MI, 49203

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
765 Douglas Street, Jackson, MI, 49203 Listing by DEBBIE CROWNOVER
Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Tom Schindler, TOM SCHINDLER, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24023243
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 520 East Trail Street built and last sold?
The property at 520 East Trail Street was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 520 East Trail Street is $136,466.
What are some comparable homes to 520 East Trail Street?
There are currently no comparable homes to 520 East Trail Street.
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