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Jackson 49202
724 Andrew Avenue
$135,000
● House - Off Market

724 Andrew Avenue

Jackson, MI 49202
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,838 Ft²
$145,243
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Blackman Twp NW Schools. 4 bedroom 1 bath. 2 car garage with lean-to attached for extra storage or covered patio. Same owner for almost 60 years.
Unit Size
1,838 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$79
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
-

Payment Calculator

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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 #23012573)

Price History

Date / Event Date Event Price
Jun 19, 2023 Sold
Premium
Sold
Apr 25, 2023 Listed by RE/MAX MID-MICHIGAN R.E. $145,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • 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: 838
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 838
  • Building Area: 838
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 838
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITH CITY
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 52 SMITH'S CITY FARMS

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005700

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-27-155-027-00
  • Lot: 52
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2702
  • Longitude: -84.4219

    Address

  • Full Address: 724 Andrew Ave
  • Legal Unit: 52
  • Address - House Number: 724
  • Address - Street Name: Andrew
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C014
  • 4-Digit Zip Code: 2070
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $63,440
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 144,535
  • High Value: 160,277
  • Low Value: 128,793

    Market Valuation

  • Market Total Value: $111,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,900
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

1881 ft²

Average Home Age

74.7 years

Currently For Sale

416 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 833 Backus Street, Jackson, MI, 49202

$1,595 /mo

  • 2 Beds
  • 1 Bath
  • 788 ft²
833 Backus Street, Jackson, MI, 49202 Listing by ERIC ROPP

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: DEANN E GUMBERT, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23012573
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 724 Andrew Avenue built and last sold?
The property at 724 Andrew Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 724 Andrew Avenue is $152,050.
What are some comparable homes to 724 Andrew Avenue?
There are currently no comparable homes to 724 Andrew Avenue.
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