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Jackson 49201
6963 GAIT WAY
$195,000
● House - Off Market

6963 GAIT WAY

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,960 Ft²
$304,052
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Spacious home in a nice, quiet neighborhood at the end of a cul-de-sac.  New roof, windows, siding and water heater in the last 4 years. Kitchen offers stainless steel appliances, granite counter tops, ceramic flooring with an eating area and sliding door out to the spacious deck.  Formal dining room overlooks large deck and backyard with beautiful landscaping and flower beds.  Spacious living room with bow window and lots of natural light.  Huge family room with wood burning fireplace and daylight windows. Master suite offers his and hers closets and it's own full bath. Convenient location in desirable Summit Township close to town, Dahlem Nature Center and Jackson College.  Immediate Possession!!
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$105
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1978

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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 #21051331)

Price History

Date / Event Date Event Price
May 2, 2019 Sold
Premium
Sold
Mar 11, 2019 Listed by ERA REARDON REALTY, L.L.C. $204,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,239
  • Garage Type: 7
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,104
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALNUT LANE
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 12 WALNUT LANE

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005201

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY C-3
  • District: 17
  • Parcel: 580-13-33-352-012-00
  • Lot: 12
  • Municipality: SUMMIT TWP
  • Latitude: 42.1634
  • Longitude: -84.4408

    Address

  • Full Address: 6963 Gait Way
  • Legal Unit: 12
  • Address - House Number: 6963
  • Address - Street Name: Gait
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Jackson
  • Carrier Code: R021
  • 4-Digit Zip Code: 9706
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,561
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 294,029
  • High Value: 349,640
  • Low Value: 238,418

    Market Valuation

  • Market Total Value: $218,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2822450
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:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

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MichRIC

Listed by: MELISSA L BAILEY, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21051331
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 6963 Gait Way built and last sold?
The property at 6963 Gait Way was built in 1978 and last sold on Apr 26, 2019 for $195,000.
How much is this home worth?
The estimated value of the home located at 6963 Gait Way is $0.
What are some comparable homes to 6963 Gait Way?
There are currently no comparable homes to 6963 Gait Way.
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