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Batavia 60510
1122 Lexington Lane
$292,000
● House - Off Market

1122 Lexington Lane

BATAVIA, IL 60510
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,005 Ft²
$531,258
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Pride Of Ownership Here! Hardwood In Living Rm, Dining Rm, Family Rm And ALL Bedrooms. Newer Doors, 15 X 20 Deck With Benches, Extensive Landscaping, Paver Block Walkway, Aluminum Trim And Gutters With Leaf Guards. Numerous Updates In Recent Years. Good Light And Lovely Deep Mature Lot. Nice Street In Awesome Neighborhood.
Unit Size
2,005 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$154
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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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: 2 years ago (MRED MLS #06360246)

Price History

Date / Event Date Event Price
Jun 8, 2007 Sold
Premium
Sold
Dec 15, 2006 Listed by RE/MAX Excels $309,500
Listed by RE/MAX Excels

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 918
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,390
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND HILLS 2
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 5 8 WOODLAND HILLS UNIT 2

Neighborhood

  • School District Name: Batavia Unit School District 101
  • Census Tract: 852806

Geography

  • Parcel: 12-26-227-008
  • Block: 5
  • Lot: 8 BLK
  • Municipality: BATAVIA
  • Latitude: 41.839
  • Longitude: -88.2868

    Address

  • Full Address: 1122 Lexington Ln
  • Address - House Number: 1122
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Batavia
  • Carrier Code: R002
  • 4-Digit Zip Code: 3322
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $877,220
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 421,512
  • High Value: 485,472
  • Low Value: 357,551

    Market Valuation

  • Market Total Value: $319,514
  • Market Land Value: $44,337
  • Market Improvement Value: $275,177

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,462
  • Assessed Land Value: $14,773
  • Assessed Improvements Value: $91,689

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Jan 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K001144
  • Previous Sale Recording Date: Oct 26, 2012
  • Previous Sale Contract Date: Sep 27, 2012
  • Previous Sale Amount: $263,500
  • Previous Sale Document Type: 71

    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 Batavia

Stats & Trends

Median Asking:

$454,402

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2172 ft²

Average Home Age

45.2 years

Currently For Sale

42 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: , RE/MAX Excels
Last Updated: 2 years ago
Data Source: MRED, MLS# 06360246
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 1122 Lexington Lane built and last sold?
The property at 1122 Lexington Lane was built in 1971 and last sold on Oct 31, 2016 for $282,500.
How much is this home worth?
The estimated value of the home located at 1122 Lexington Lane is $0.
What are some comparable homes to 1122 Lexington Lane?
There are currently no comparable homes to 1122 Lexington Lane.
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