$131,000
●
Condo -
Off Market
7033 MCKAY DR #7
Jackson, MI 49201
2 Beds
2 Baths,
1
Half Bath
1,602 Ft²
$175,598
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Cozy condo in the country. Enjoy this carefree living in wooded
setting. This home boasts new paint, light fixtures in
kitchen/dining area, and all new appliances in 2018. New flooring
in living and upstairs bath. Features 2 Bedrooms, 1 1/2 baths with
partially finished basement and gas fireplace in the living room.
One car garage and a private 12x24 patio.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
-
Price per sqft
$81
Property Type
Condo
Property Taxes
$125
HOA Dues
$225
Year Built
1983
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Cap Rate Calculator
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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: 3 years ago (MichRIC MLS #21048128)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by RE/MAX MID-MICHIGAN R.E. | $129,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Sep 28, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by ERA REARDON REALTY, L.L.C. | $117,500 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| | |||
|
Warm & comfortable best describes this darling condo. Turn key & ready for you, with an updated kitchen & main bath. Backs up to woods so you will enjoy warm summer days & cozy evenings on the 12x24 private patio. Winter months will be for snuggling by the gas fireplace inside. Excluded items: valence in guest bedroom & kitchen as well as curtain in master bedroom. Remaining window treatments stay.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Parking Features: Detached
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Ceiling Fan(s), Eat-in Kitchen
Appliances: Washer, Refrigerator, Dryer, Built in Oven
Has Fireplace
Gas Log
Fireplaces: 1
Full
Exterior Details
Road Frontage Type: Private Road
Year Built: 1983
Parcel Number: 117-14-35-101-005-07
Zoning Description: Residential
Construction Materials: Vinyl Siding
Stories: 2
Wooded
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $46,577
Tax Annual Amount: $1,503
Utilities Details
Heating Type: Forced Air, Other
Sewer Information: Septic Tank
Water Information: Well
Location Details
Association Fee Includes: Other, Trash, Snow Removal, Sewer, Lawn/Yard Care
Association Fee: $225
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2020
| |
2 Bed
|
2 Bath
|
1152 ft²
|
$129,900
2 Bed
2 Bath
1152 ft²
|
-
-
|
-
|
|
07/20/2020
|
2 Bed
|
2 Bath
|
1602 ft²
|
$129,900
2 Bed
2 Bath
1602 ft²
|
$131,000
+0.85%
09/11/2020
|
SHARON NORTON
RE/MAX MID-MICHIGAN R.E.
| |
|
09/27/2019
| |
2 Bed
|
2 Bath
|
1152 ft²
|
$129,900
2 Bed
2 Bath
1152 ft²
|
-
-
|
-
|
|
07/13/2017
| |
2 Bed
|
1.5 Bath
|
1152 ft²
|
-
2 Bed
1.5 Bath
1152 ft²
|
-
-
|
-
|
|
05/11/2017
|
2 Bed
|
2 Bath
|
1602 ft²
|
$117,500
2 Bed
2 Bath
1602 ft²
|
$117,500
09/28/2017
|
CATHERINE RICE
ERA REARDON REALTY, L.L.C.
|
Building Info
About Jackson
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Listed by: SHARON A. NORTON, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048128
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: 3 years ago
Data Source: MichRIC, MLS# 21048128
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