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Lee 61021
1176 Bay Drive
$175,500
● House - Off Market

1176 Bay Drive

Dixon, IL 61021
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,306 Ft²
$1,248
Est. Monthly

About This Property

Great Opportunity to own this single-family home built in 1999 featuring 3 bedrooms and 2 bathrooms.  ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
Unit Size
2,306 Ft²
Days on Market
-
Land Size
-
Price per sqft
$84
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1999

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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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 72,745
  • Total Building Area: 2,306
  • Building Area: 2,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001670
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:25 TWP:22RNG/BLK:9 E 215.09' SWQ SEQ & W 217.74' SEQ SEQ LYG N & ADJ TO FORMER BAY DRIVE BK 9703-1466 WD

Neighborhood

  • School District Name: Dixon Unit School District 170
  • Census Tract: 000200

Geography

  • Account Number: 107948
  • District: 07
  • Parcel: 07-02-25-451-002
  • Block: 9
  • Lot: 25
  • Meridian: SEC 25 TWN 22 RNG 09
  • Municipality: DIXON
  • Latitude: 41.8626
  • Longitude: -89.4043

    Address

  • Full Address: 1176 Bay Dr
  • Address - House Number: 1176
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dixon
  • Carrier Code: R007
  • 4-Digit Zip Code: 7701
  • Zip Code: 61021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $323,532
  • Tax Rate Code Area: 07004

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 250,312
  • High Value: 297,938
  • Low Value: 202,685

    Market Valuation

  • Market Total Value: $165,054
  • Market Land Value: $25,317
  • Market Improvement Value: $139,737

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,018
  • Assessed Land Value: $8,439
  • Assessed Improvements Value: $46,579

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Lee

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1967 ft²

Average Home Age

83.7 years

Currently For Sale

74 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: Val Laborevitch, Realhome Services & Solutions, Inc.
Data Source: MRED, MLS# MRD12402405
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 1176 Bay Drive built and last sold?
The property at 1176 Bay Drive was built in 1999 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1176 Bay Drive is $0.
What are some comparable homes to 1176 Bay Drive?
There are currently no comparable homes to 1176 Bay Drive.
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