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Jackson 49203
608 S GORHAM
$52,000
● House - Off Market

608 S GORHAM

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
913 Ft²
$65,992
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Solid house in the city.  Close to parks, playground, schools & hospital.  3 bedroom 1 bath, full basement. City certified.   Great rental or first time home owner.  Close to bus route. Fenced in yard for kids and pets.    Cheaper than rent!  Don't wait!
Unit Size
913 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$66
Property Type
House
Property Taxes
$103
HOA Dues
-
Year Built
1910

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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 #21046575)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Dec 23, 2021 No longer available -
No longer available
Aug 5, 2021 Listed by RE/MAX MID-MICHIGAN R.E. $59,900
Listed by RE/MAX MID-MICHIGAN R.E.
The manager has listed the unit size as 913 square feet.
Mar 9, 2021 Listed by RE/MAX MID-MICHIGAN R.E. $59,900
Listed by RE/MAX MID-MICHIGAN R.E.
Mar 9, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 616
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,572
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 440
  • Total Building Area: 913
  • Building Area: 913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 913
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARRS E ADD
  • Land Acres: 0000000082
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 44 FT OF E 1/2 OF LOT 11 BLK 2 CARR'S E ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 6-21
  • District: 50
  • Parcel: 6-126800000
  • Block: 2
  • Lot: 11
  • Municipality: JACKSON CITY
  • Latitude: 42.2471
  • Longitude: -84.3799

    Address

  • Full Address: 608 S Gorham St
  • Legal Unit: 11
  • Address - House Number: 608
  • Street Direction: S
  • Address - Street Name: Gorham
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 2027
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $98,656
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 88
  • Final Value: 55,407
  • High Value: 61,488
  • Low Value: 49,325

    Market Valuation

  • Market Total Value: $47,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2902777
  • Previous Sale Recording Date: Mar 09, 2004
  • Previous Sale Contract Date: Feb 26, 2004
  • Previous Sale Amount: $28,000
  • 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

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

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: SHARON A. NORTON, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21046575
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 608 South Gorham Street built and last sold?
The property at 608 South Gorham Street was built in 1910 and last sold on Dec 22, 2021 for $52,000.
How much is this home worth?
The estimated value of the home located at 608 South Gorham Street is $62,160.
What are some comparable homes to 608 South Gorham Street?
There are currently no comparable homes to 608 South Gorham Street.
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