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Jackson 49202
553 Seymour Avenue
$70,000
● House - Off Market

553 Seymour Avenue

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$431
Est. Monthly
16.94%
Cap Rate

About This Property

Charming 2 bedroom home in the city of Jackson.  Featuring a cozy living room and spacious kitchen. Upstairs you'll find both bedrooms, the full bath, and a versatile bonus room-great for an office, guest space, or playroom. Enjoy a fully fenced backyard, ideal for pets or outdoor gatherings. Conveniently located near parks, schools, and shopping.
Unit Size
840 Ft²
Days on Market
35 days
Land Size
0.09 acres
Price per sqft
$83
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
1920

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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 #25022444)

Price History

Date / Event Date Event Price
Jun 20, 2025 Sold
Premium
Sold
May 22, 2025 In contract -
In contract
May 16, 2025 Listed by ERA REARDON - BROOKLYN $70,000
Listed by ERA REARDON - BROOKLYN
Feb 26, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,790
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 394
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDUSTRIAL SUB
  • Land Acres: 0000000087
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 18 INDUSTRIAL SUB DIV OF LOTS 94, 95, 96, 97, 98, 99, 167, 187 & PART OF LOTS 168 & 169 ASSESSOR CRARY'S PLAT

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-14
  • District: 50
  • Parcel: 8-094200000
  • Lot: 18,94
  • Municipality: JACKSON CITY
  • Latitude: 42.2588
  • Longitude: -84.3854

    Address

  • Full Address: 553 Seymour Ave
  • Address - House Number: 553
  • Address - Street Name: Seymour
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 3564
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $81,943
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 84,594
  • High Value: 105,835
  • Low Value: 63,352

    Market Valuation

  • Market Total Value: $48,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2013
  • Current Sale Recording Date: Feb 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 44
  • Current Sale Input Document Number: 2732120
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

1485 ft²

Average Home Age

98.3 years

Currently For Sale

119 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

Rentals Near You

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MichRIC

Listed by: Jason Aldrich, ERA REARDON - BROOKLYN
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25022444
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 553 Seymour Avenue built and last sold?
The property at 553 Seymour Avenue was built in 1920 and last sold on Aug 1, 2013 for $30,000.
How much is this home worth?
The estimated value of the home located at 553 Seymour Avenue is $72,608.
What are some comparable homes to 553 Seymour Avenue?
There are currently no comparable homes to 553 Seymour Avenue.
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