628 Otto Dr Jackson, MO 63755

3 beds · 4 baths · 3,028 sq ft · Lot Size: 29,185 sq ft · Single Family Home
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628 Otto Dr is in the 63755 neighborhood of Jackson, MO. It is located in Cape Girardeau County and ZIP code 63755. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 3028 sq ft with 3 bedrooms and 4 bathrooms and sits on a 29185 sq ft lot. According to public records, it was last sold in 2022 for $309,375. Analyze and compare real estate investment strategies for properties like this home at 628 Otto Dr Jackson, MO 63755 with Property Intel by Whitepages.

Investment Potential for 628 Otto Dr

The property has a current estimated value of $255,849, which is 34% above the zip median, based on public records. It last sold on December 20, 2022 for $309K. Projected long-term
is $29,400 annually ($2,450 per month) with a 90% occupancy rate.

Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 63755 zip code
 
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Owners & Occupancy for 628 Otto Dr

This property is owned by Theodore Donald Torreson. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

OccupationPastor of Missions and Outreach, St. Paul Lutheran Church
Cell Phone(708) ***-****
Residence***********
Landline(616) 791-0073+ 2 more
Distance from Property**********
Email Address**********@hotmail.com

Property Ownership Information

Purchase DateDecember 20, 2022
Property Tax Amount$2,163 in 2023
Purchase Price$309,375

Occupancy

Current Occupancy*****View Occupancy
Resident 1************************ age 45
Resident 2***************** age 66
Resident 3************* age 43
Resident 4*************
Resident 5********** age 65

Property Details for 628 Otto Dr

Property Details

Property Sq Ft

Living Area

3,028 sq ft

Compare to 63755

Lot Size

29,185 sq ft

Compare to 63755

Price Per Sq Ft

Living Area

$84 / sq ft

Compare to 63755

Lot Size Area

$9 / sq ft

Compare to 63755
Property condition, age, exterior, etc. for 628 Otto D…
Longitude: -89.645982 Latitude: 37.374621 Parcel Number (APN): 15-118-00-03-00800-0000…
Mortgage originated on through lender: Commerce Bk for$*****View Mortgage Details
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Market Benchmarks

Compare data for 628 Otto Dr in Cape Girardeau County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$255,849
$256,374
-$525 (0%)
$368,283
-$62,657 (-17%)
YoY Price Change
1.94%
-157%
Year Built
1980
1974
6 years
Living Space
3,028 sq ft
1,499 sq ft
1529 (102%)
$ Per Living Sq Ft
$84
$176
-$91 (-52%)
Lot Size
29,185 sq ft
11,077 sq ft
18108 (163%)
$ Per Lot Sq Ft
$9
$25
-$16 (-65%)

Net Operating Income
$13,670
$7,761 (57%)
Annual Revenue
$29,400
$20,400
$9,000 (44%)
$5,868
$2,101 (36%)
Net Operating Income
$13,670
$7,761 (57%)
Cap Rate
5.31%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians