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Jackson 49202
622 WATERLOO ST
$69,000
● House - Off Market

622 WATERLOO ST

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,391 Ft²
$144,879
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Another fabulously renovated house by Jackson Affordable housing.  Everything is new and up to code.  All buyers must meet the Jackson Affordable criteria.
Unit Size
1,391 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$50
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1900

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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 #21066394)

Price History

Date / Event Date Event Price
Jul 29, 2019 Sold
Premium
Sold
May 27, 2019 Listed by HOWARD HANNA REAL ESTATE SERVI $87,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Mar 5, 2013 Sold
Premium
Sold
Nov 29, 2012 Listed by HOWARD HANNA REAL ESTATE SERVI $69,000
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 852
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,104
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,391
  • Building Area: 1,391
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,391
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MURPHYS ADD
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 BLK 3 MURPHY'S ADD

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-28
  • District: 50
  • Parcel: 8-144900000
  • Block: 3
  • Lot: 11
  • Municipality: JACKSON CITY
  • Latitude: 42.2559
  • Longitude: -84.396

    Address

  • Full Address: 622 N Waterloo St
  • Legal Unit: 11
  • Address - House Number: 622
  • Street Direction: N
  • Address - Street Name: Waterloo
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C009
  • 4-Digit Zip Code: 3471
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $176,488
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 143,357
  • High Value: 158,970
  • Low Value: 127,743

    Market Valuation

  • Market Total Value: $107,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2828268
  • Previous Sale Recording Date: Mar 05, 2013
  • Previous Sale Contract Date: Feb 26, 2013
  • Previous Sale Amount: $69,000
  • 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

Rentals Near You

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MichRIC

Listed by: LORI HAUETER, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21066394
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 622 North Waterloo Avenue built and last sold?
The property at 622 North Waterloo Avenue was built in 1900 and last sold on Jul 23, 2019 for $90,000.
How much is this home worth?
The estimated value of the home located at 622 North Waterloo Avenue is $0.
What are some comparable homes to 622 North Waterloo Avenue?
There are currently no comparable homes to 622 North Waterloo Avenue.
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