$186,000
●
House -
Off Market
703 LEO
Jackson, MI 49203
3 Beds
2 Baths
1,440 Ft²
$196,365
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Sharp Ranch Home in great subdivision close to Jackson Christian
Elementary, Paragon and Lumen Christi! Offering 3BR/2BA, 2 Car
Garage, Fully Fenced Backyard (vinyl privacy fencing on one side
and wood fencing on the other 2) with Above Ground Pool with
Platform Deck, Raised Garden, Oversized Shed, Stamped Concrete
Patio with adjoining Shaded Patio! Beautifully decorated,
refinished kitchen cabinets, new countertops and updated
appliances, new central air (2015), living room with cove ceilings,
3BR and full bath on main level. Finished family room in basement,
2nd full bath, great storage space, laundry/utility room and
office. New Sump Pump. Hardwood Floors under carpet in
Living room, hallway and bedrooms on main level. Absolutely
pristine, home is so well loved and it shows!
Unit Size
1,440 Ft²
Days on Market
62 days
Land Size
0.41 acres
Price per sqft
$118
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1965
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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: 10 months ago (MichRIC MLS #21096011)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $234,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| | |||
|
Introducing your dream Ranch! Prime location offering Both Serenity and convenience, tranquil neighborhood, ideal for leisurely strolls, Features 3 bedrooms on the main floor, Natural light through the living room bay window creating a cozy ambiance, Nice kitchen, includes all kitchen appliances, adjoining open formal dining area, full basement, rec room great for entertainment, extra room for a home office, lots of extra storage space in the utility room, back yard Oasis, fully fenced back yard, Covered back patio, additional stamped concrete patio, perfect for relaxing evenings by the firepit, large shed, 2 car garage, lush landscaping, your ideal home Awaits!
| |||
| Jul 29, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by HOWARD HANNA REAL ESTATE SERVI | $169,900 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
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About Jackson
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Listed by: HEATHER HERNDON, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 21096011
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.
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 21096011
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