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Jackson 49201
7450 Blackman Road
$310,000
● House - Off Market

7450 Blackman Road

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,646 Ft²
$1,887
Est. Monthly
10.00%
Cap Rate

About This Property

This Ranch home is sitting in the Northwest school district; Must-See Property! Features include but not limited to, 2 sprawling decks with handicap accessibility, open floor plan featuring dual sided stone fireplace in the large living & dining rooms. The kitchen offers wrap around counter space w/ ample cabinetry. Enjoy 4 spacious bedrooms w/ lots of closet space & full bathroom all on the main floor! The partially finished walkout basement offers a den, rec area, large utility/ laundry room, 2nd full bathroom & family room that opens to a covered patio. Large 2car attached garage w/ workshop! The rolling yard, giving space for all kinds of activities, gardening & nature, large pond great for wildlife or fishing, 27x48 pole barn & small livestock barn for a hobby farm! 10 acres!!
Unit Size
2,646 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$123
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1970

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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 #23134823)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Sep 19, 2023 Listed by C-21 Affiliated - Jackson $324,900
Listed by C-21 Affiliated - Jackson
May 21, 1998 Sold
Premium
Sold
Mar 1, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 3
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,040
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT A PT 1097 FT S OF E 1/4 POST OF SEC 36 TH CONTINUING S 393 FT TO LAND DIVIDING MARSHLAND AND HARD GROUND TH W TO A PT

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006600

Zoning

  • Zoning: AG OPEN

Geography

  • Assessors Map Reference: MAPS
  • District: 18
  • Parcel: 000-02-36-426-003-00
  • Meridian: SEC 36 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.3387
  • Longitude: -84.4846

    Address

  • Full Address: 7450 Blackman Rd
  • Address - House Number: 7450
  • Address - Street Name: Blackman
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R004
  • 4-Digit Zip Code: 7434
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $103,350
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 88
  • Final Value: 324,219
  • High Value: 360,222
  • Low Value: 288,216

    Market Valuation

  • Market Total Value: $256,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 1998
  • Current Sale Recording Date: May 21, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 01, 1994
  • Previous Sale Contract Date: Mar 01, 1994
  • Previous Sale Amount: $105,000
  • 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:

$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

Rentals Near You

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MichRIC

Listed by: ERIC ROPP, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23134823
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 7450 Blackman Road built and last sold?
The property at 7450 Blackman Road was built in 1970 and last sold on May 21, 1998 for $185,000.
How much is this home worth?
The estimated value of the home located at 7450 Blackman Road is $0.
What are some comparable homes to 7450 Blackman Road?
There are currently no comparable homes to 7450 Blackman Road.
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