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Belvidere 61008
1015 MAPLE Avenue
$127,000
● House - Off Market

1015 MAPLE Avenue

BELVIDERE, IL 61008
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$243,763
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Value! Value! This 3 bedroom, 1 1/2 bath home is ready for new owners. Updated kitchen with appliances; roof - 5 years old; furnace & c/a - 3 years old; new garage door & opener; new whirlpool tub, surround, faucets & shower head; extra deep lot; 2 decks. Home warranty.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1900

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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

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 729
  • 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: 13,068
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 1,662
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AH ALLENS RE SURV
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 35-44-3 LT 2 BLK 2 A H ALLENS RE-SUR 1015 MAPLE AVE

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010300

Geography

  • Account Number: 05-05-35-276-012
  • District: 050
  • Parcel: 05-35-276-012
  • Block: 2
  • Lot: 2
  • Municipality: BELVIDERE
  • Latitude: 42.2507
  • Longitude: -88.8454

    Address

  • Full Address: 1015 Maple Ave
  • Address - House Number: 1015
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C005
  • 4-Digit Zip Code: 5231
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $312,432

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 72
  • Final Value: 165,310
  • High Value: 199,202
  • Low Value: 131,418

    Market Valuation

  • Market Total Value: $114,780
  • Market Land Value: $20,157
  • Market Improvement Value: $94,623

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,260
  • Assessed Land Value: $6,719
  • Assessed Improvements Value: $31,541

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: Jun 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Previous Sale Recording Date: Nov 08, 2013
  • Previous Sale Contract Date: Nov 08, 2013
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Belvidere

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$145

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1593 ft²

Average Home Age

55 years

Currently For Sale

17 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

Unit for rent at 633 Whitney Boulevard, Belvidere, IL, 61008

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
633 Whitney Boulevard #633, Belvidere, IL, 61008 Listing by Esther Zamudio

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vicky Buhl, Dickerson & Nieman Realtors
Data Source: MRED, MLS# MRD06863853
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 1015 Maple Avenue built and last sold?
The property at 1015 Maple Avenue was built in 1900 and last sold on May 25, 2018 for $121,500.
How much is this home worth?
The estimated value of the home located at 1015 Maple Avenue is $219,799.
What are some comparable homes to 1015 Maple Avenue?
There are currently no comparable homes to 1015 Maple Avenue.
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