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Jackson 49201
7885 Hollywood Drive
$350,000
● House - Off Market

7885 Hollywood Drive

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$1,954
Est. Monthly
4.55%
Cap Rate
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$257
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
-

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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 #24057781)

Price History

Date / Event Date Event Price
Nov 4, 2024 Sold
Premium
Sold
Oct 16, 2024 Listed by ERA REARDON REALTY, L.L.C. $359,900
Listed by ERA REARDON REALTY, L.L.C.
Sep 25, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 8
  • Basement Area: 1,322
  • Garage Type: 7
  • Garage Square Area: 770
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,015
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,399
  • Gross Building Area: 1,399
  • Building Area: 1,399
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,399
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PASADENA BEACH SUBDIVISION
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 94 AND 95 PASADENA BEACH

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38130
  • Census Tract: 006202

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS SEWER #2
  • District: 09
  • Parcel: 123-15-19-303-006-01
  • Lot: 94-95
  • Municipality: NAPOLEON TWP
  • Latitude: 42.1943
  • Longitude: -84.2458

    Address

  • Full Address: 7885 Hollywood Dr
  • Address - House Number: 7885
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R006
  • 4-Digit Zip Code: 9237
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,554
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 312,943
  • High Value: 372,492
  • Low Value: 253,393

    Market Valuation

  • Market Total Value: $258,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2003
  • Current Sale Recording Date: Sep 25, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2318845
  • Previous Sale Recording Date: Jun 05, 1998
  • Previous Sale Contract Date: Jun 05, 1998
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24057781
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 7885 Hollywood Drive built and last sold?
The property at 7885 Hollywood Drive was built in and last sold on Sep 15, 2003 for $225,000.
How much is this home worth?
The estimated value of the home located at 7885 Hollywood Drive is $356,196.
What are some comparable homes to 7885 Hollywood Drive?
There are currently no comparable homes to 7885 Hollywood Drive.
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