$385,000
●
House -
Off Market
859 Meadows Drive
Jackson, MI 49203
4 Beds
3 Baths,
1
Half Bath
2,772 Ft²
$2,456
Est. Monthly
$20
HOA / Fees
7.07%
Cap Rate
About This Property
Enjoy over 2,700 SF of clean, bright, finished living space in this
2018 built home that is sure to suit your family's comfort and
lifestyle, with 4 Bedrooms and 3-1/2 Baths, plus, a fantastic new
concrete patio AND beautiful new composite deck with metal
railings, perfect for outdoor entertaining or relaxing.
Gorgeous manicured lawn and landscaping, and the Association
park/playground is nearby too. Located in Summit Township
with Jackson Public Schools, plus Western Schools bus service is
available nearby for added choice and convenience. Schedule
your private showing today and come see one of the best real estate
values in Jackson County, and, IF you act quickly enough, you can
CALL IT YOURS!!
Unit Size
2,772 Ft²
Days on Market
42 days
Land Size
0.33 acres
Price per sqft
$144
Property Type
House
Property Taxes
$472
HOA Dues
$20
Year Built
2018
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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: 9 months ago (MichRIC MLS #24023054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by RE/MAX MID-MICHIGAN-BROOKLYN | $399,900 | |
| Listed by RE/MAX MID-MICHIGAN-BROOKLYN | |||
| Oct 20, 2023 | Listed by RE/MAX MID-MICHIGAN-BROOKLYN | $399,777 | |
| Listed by RE/MAX MID-MICHIGAN-BROOKLYN | |||
| | |||
|
JACKPOT!!! Prepare to be dazzled by this stunning 4 Bedroom 3.5 Bath home, built in 2018 that has been meticulously cared for ever since. This home boasts over 2,600 SF of clean, bright, finished living space sure to suit your family's comfort and lifestyle. Plus, a fantastic new concrete patio AND gorgeous new composite deck with metal railings will make for perfect outdoor entertaining or relaxing. We bet you can't find a better value proposition anywhere in Jackson County! Located within the Jackson Public School District, plus Western Schools bus service is available nearby for added convenience. Contact us today to schedule your private showing, and get ready to experience the JACKPOT of Jackson County real estate! Additional Features include: View-out Basement Owned Kinetico Water Softener Extremely Energy Efficient Irrigation System Nicely Landscaped and much more that will delight you and your family for years !!
| |||
| Oct 24, 2018 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Jackson
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Listed by: LARRY WETHERBY, RE/MAX MID-MICHIGAN-BROOKLYN
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 24023054
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: 9 months ago
Data Source: MichRIC, MLS# 24023054
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