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Danvers 61732
101 N Chatham Street
$166,250
● House - Off Market

101 N Chatham Street

Danvers, IL 61732
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,664 Ft²
$949
Est. Monthly
11.71%
Cap Rate

About This Property

Super cute home on a corner lot! 2 Bedroom ranch with basement! Oversize 1 car attached garage, carport, & sheds. Covered front porch and Ring doorbell stays! Tiled entry in living room with newer carpet! All newer windows and newer front door! Eat in kitchen with all kitchen appliances remaining! Newer LVP flooring installed in kitchen. 2 Bedrooms, each with hardwood flooring! 2nd bedroom-hardwood flooring to be refinished by closing! Main bathroom with newer tiled flooring. Partially finished basement with family room with barn doors added, bonus room, and half bath. Large storage area currently used as work-out space. Washer & dryer to remain. Roof 2015! Furnace 2010. Covered firepit & grilling area behind garage!
Unit Size
1,664 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1966

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Total Building Area: 832
  • Gross Building Area: 832
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 832
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG TOWN OF DANVERS
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: ORIG TOWN OF DANVERS LOT 5 BLK 8

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 005202

Geography

  • District: 11
  • Parcel: 12-23-233-003
  • Block: 8
  • Lot: 5
  • Meridian: SEC 23 TWN 24N RNG 01W
  • Municipality: DANVERS
  • Latitude: 40.5288
  • Longitude: -89.1739

    Address

  • Full Address: 101 N Chatham St
  • Address - House Number: 101
  • Street Direction: N
  • Address - Street Name: Chatham
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danvers
  • Carrier Code: R777
  • 4-Digit Zip Code: 9376
  • Zip Code: 61732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $206,106
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 123,594
  • High Value: 149,302
  • Low Value: 97,887

    Market Valuation

  • Market Total Value: $82,716
  • Market Land Value: $7,422
  • Market Improvement Value: $75,294

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,572
  • Assessed Land Value: $2,474
  • Assessed Improvements Value: $25,098

    Sales

  • Current Sale Contract Date: Apr 14, 2009
  • Current Sale Recording Date: Apr 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009-00011323
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 Danvers

Stats & Trends

Median Asking:

$200,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

46

Average Home Size

956 ft²

Average Home Age

79 years

Currently For Sale

2 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

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MRED

Listed by: Bev Virgil, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12343580
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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 101 North Chatham Street built and last sold?
The property at 101 North Chatham Street was built in 1966 and last sold on Apr 14, 2009 for $70,000.
How much is this home worth?
The estimated value of the home located at 101 North Chatham Street is $0.
What are some comparable homes to 101 North Chatham Street?
There are currently no comparable homes to 101 North Chatham Street.
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