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Jackson 49203
601 PARK
$55,000
● House - Off Market

601 PARK

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,302 Ft²
$98,004
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

This home has tons of potential and priced to sell.  You can make it your own or it is a great opportunity for a flip.  Great features are hardwood floors, brick fireplace, fenced back yard, and a great location close to parks.  Home is being sold as is and does not have a kitchen so will more then likely have to be cash.  Call today for more information.
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$54
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21048205)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Sep 18, 2020 Listed by GOOD EARTH REAL ESTATE, LLC $116,000
Listed by GOOD EARTH REAL ESTATE, LLC
Jul 6, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by GOOD EARTH REAL ESTATE, LLC $69,900
Listed by GOOD EARTH REAL ESTATE, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,235
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 701
  • Total Building Area: 1,295
  • Building Area: 1,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,295
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLFAX ADD
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 70.13 FT OF LOTS 1 & 2 BLK 2 COLFAX ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-48
  • District: 50
  • Parcel: 3-3197.1000
  • Block: 2
  • Lot: 1-2
  • Municipality: JACKSON CITY
  • Latitude: 42.2244
  • Longitude: -84.4173

    Address

  • Full Address: 601 Park Rd
  • Address - House Number: 601
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C020
  • 4-Digit Zip Code: 6355
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $236,869
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 152,750
  • High Value: 189,633
  • Low Value: 115,867

    Market Valuation

  • Market Total Value: $113,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2866511
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: Jun 22, 2020
  • Previous Sale Amount: $55,000
  • 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:

$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: ALEX C PERLOS, GOOD EARTH REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048205
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 601 Park Road built and last sold?
The property at 601 Park Road was built in 1947 and last sold on Nov 23, 2020 for $110,000.
How much is this home worth?
The estimated value of the home located at 601 Park Road is $117,658.
What are some comparable homes to 601 Park Road?
There are currently no comparable homes to 601 Park Road.
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