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Rochelle 61068
1246 Springdale Drive
$255,000
● House - Off Market

1246 Springdale Drive

Rochelle, IL 61068
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,970 Ft²
$1,466
Est. Monthly
10.86%
Cap Rate

About This Property

Must see tri-level! This freshly remodeled home is looking for new owners!  The front doorway opens to a large living and dining area.  The stairs lead you to 3 bedrooms and a full bath, while the stairs down lead you to a large family room.  New flooring, new countertops and cabinets, and new kitchen appliances.  Nice sized yard with a storage shed (being sold "AS IS").  Come check this house out before it's gone! Broker Interest.
Unit Size
1,970 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1972

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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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 170
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,423
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,570
  • Building Area: 2,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,570
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK SUBD
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: LOT 3 MEADOWBROOK SUBD 4 CITY OF ROCHELLE

Neighborhood

  • School District Name: Rochelle Township High School District 212
  • Census Tract: 961100

Geography

  • District: 6
  • Parcel: 24-13-378-018
  • Lot: 3
  • Municipality: FLAGG
  • Latitude: 41.9365
  • Longitude: -89.0644

    Address

  • Full Address: 1246 Springdale Dr
  • Address - House Number: 1246
  • Address - Street Name: Springdale
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rochelle
  • Carrier Code: R002
  • 4-Digit Zip Code: 1150
  • Zip Code: 61068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $282,508
  • Tax Rate Code Area: 640

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 66
  • Final Value: 212,961
  • High Value: 264,624
  • Low Value: 161,297

    Market Valuation

  • Market Total Value: $123,990
  • Market Land Value: $27,204
  • Market Improvement Value: $96,786

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,330
  • Assessed Land Value: $9,068
  • Assessed Improvements Value: $32,262
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 Rochelle

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1629 ft²

Average Home Age

72.1 years

Currently For Sale

15 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: Angel Chavez, Hayden Real Estate, Inc.
Data Source: MRED, MLS# MRD12177648
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 1246 Springdale Drive built and last sold?
The property at 1246 Springdale Drive was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1246 Springdale Drive is $254,284.
What are some comparable homes to 1246 Springdale Drive?
There are currently no comparable homes to 1246 Springdale Drive.
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