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Batavia 60510
1147 Hanover Drive
$385,000
● House - Off Market

1147 Hanover Drive

Batavia, IL 60510
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,412 Ft²
$2,799
Est. Monthly
7.41%
Cap Rate

About This Property

Beautiful 4-bedroom, 2.5 bath home in a wonderful neighborhood.  Professional landscaping around the house. Large two-tier deck with private backyard. Large master bedroom with loft overlooking living-dining room. Spacious kitchen with nice backsplash, huge rec room for all you family get-togethers. 2 car garage. Move-in ready
Unit Size
2,412 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$165
Property Type
House
Property Taxes
$844
HOA Dues
-
Year Built
1987

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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: 3 years ago (MRED MLS #11863468)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Aug 17, 2023 Listed by Landmark Realtors $398,000
Listed by Landmark Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 920
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 2,412
  • Gross Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY PARK 1
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

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

Geography

  • Parcel: 12-26-278-015
  • Lot: 15
  • Municipality: BATAVIA
  • Latitude: 41.8344
  • Longitude: -88.2855

    Address

  • Full Address: 1147 Hanover Dr
  • Address - House Number: 1147
  • Address - Street Name: Hanover
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Batavia
  • Carrier Code: R008
  • 4-Digit Zip Code: 9690
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,012,774
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 92
  • Final Value: 386,589
  • High Value: 420,717
  • Low Value: 352,460

    Market Valuation

  • Market Total Value: $366,104
  • Market Land Value: $77,158
  • Market Improvement Value: $288,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $121,986
  • Assessed Land Value: $25,709
  • Assessed Improvements Value: $96,277

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2312
  • Previous Sale Recording Date: Jul 01, 1997
  • Previous Sale Contract Date: Jun 26, 1997
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: 71
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:

$453,520

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2182 ft²

Average Home Age

44.9 years

Currently For Sale

43 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

Rentals Near You

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MRED

Listed by: Waldemar Komendzinski, Landmark Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11863468
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 1147 Hanover Drive built and last sold?
The property at 1147 Hanover Drive was built in 1987 and last sold on Jan 12, 2024 for $385,000.
How much is this home worth?
The estimated value of the home located at 1147 Hanover Drive is $0.
What are some comparable homes to 1147 Hanover Drive?
There are currently no comparable homes to 1147 Hanover Drive.
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