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Danvers 61732
118 W North Street
$185,000
● House - Off Market

118 W North Street

Danvers, IL 61732
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,285 Ft²
$1,110
Est. Monthly

About This Property

This fantastic home has been in the same family for 3 generations. Amazing huge walk up covered front porch. The woodwork, trim, built ins  and hardwood floors are in pristine condition. It has an original built in dining room cabinet with original scone lighting. Dining room also offers a built in window seat with storage.  There is also a window seat in the office. This room does have a closet so it could be used as a 3rd bedroom  There are several original light fixtures and some have been replaced.  The bathroom was completely updated and all rooms are large sizes.  9 foot ceilings and a walk up attic.  The two car garage has a loft and offers lots of space.  Solid and beautiful house.  Great corner lot too.
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$152
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1919

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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: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 4
  • Garage Square Area: 6,800
  • Parking Space Count: 22
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,285
  • Gross Building Area: 1,285
  • Building Area: 1,285
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,285
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VANCES ADD
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: FOURTH OR VANCES ADD LOT 9 BLK 1

Neighborhood

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

Geography

  • District: 11
  • Parcel: 12-14-457-008
  • Block: 1
  • Lot: 9
  • Meridian: SEC 14 TWN 24N RNG 01W
  • Municipality: DANVERS
  • Latitude: 40.5305
  • Longitude: -89.1794

    Address

  • Full Address: 118 W North St
  • Address - House Number: 118
  • Street Direction: W
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danvers
  • Carrier Code: R777
  • 4-Digit Zip Code: 9206
  • Zip Code: 61732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $183,740
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 153,769
  • High Value: 185,753
  • Low Value: 121,785

    Market Valuation

  • Market Total Value: $111,786
  • Market Land Value: $8,289
  • Market Improvement Value: $103,497

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,262
  • Assessed Land Value: $2,763
  • Assessed Improvements Value: $34,499

    Sales

  • Current Sale Contract Date: Aug 25, 2005
  • Current Sale Recording Date: Sep 09, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005-00026738
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:

$195,000

Sale Price/ft²

$139

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2053 ft²

Average Home Age

111.5 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: Tracy Haas Riley, BHHS Central Illinois, REALTORS
Data Source: MRED, MLS# MRD12553329
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 118 West North Street built and last sold?
The property at 118 West North Street was built in 1919 and last sold on Aug 25, 2005 for $60,000.
How much is this home worth?
The estimated value of the home located at 118 West North Street is $201,878.
What are some comparable homes to 118 West North Street?
There are currently no comparable homes to 118 West North Street.
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