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Sugar Grove 60554
128 Joy Street
$350,000
● House - Off Market

128 Joy Street

Sugar Grove, IL 60554
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,225
Est. Monthly
6.87%
Cap Rate

About This Property

SUMMER SERENDIPITY!!  JUST WHAT YOU'VE BEEN WAITING FOR-  3 BEDROOMS * 2.5 BATHS * UPDATED KITCHEN * FIREPLACE * FINISHED BASEMENT * PRIVATE FENCED YARD * QUIET DEAD END STREET!  TERRIFIC TWO-STORY OFFERS A GREAT FLOORPLAN WITH EAT-IN KITCHEN FEATURING SS APPLIANCES, GRANITE COUNTERS, STONE BACKSPLASH AND OPENS TO FAMILY ROOM W/ FIREPLACE!  FORMAL DINING ROOM W/ BOW WINDOW AND FORMAL LIVING ROOM AND 1/2 BATH ON MAIN LEVEL... UPSTAIRS FEATURES PRIMARY SUITE WITH LARGE WALK IN CLOSET - 2 ADDITIONAL BEDROOMS AND FULL UPDATED BATH... FINISHED BASEMENT BOASTS A GREAT 23X20 RECREATION ROOM AND FULL BATH - PLUS BIG UTILITY/STORAGE ROOM! 2 CAR ATTACHED GARAGE! NEW AC 2021 NEW TEAR OFF ROOF 2023 -  AMAZING LOCATION JUST MINUTES TO SCHOOL, SHOPPING AND I88!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1985

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • 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: 552
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,696
  • Total Building Area: 2,352
  • Gross Building Area: 2,352
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEFFIELD PLAINS
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SHEFFIELD PLAINS, UNIT 1 LOT 14

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854509

Geography

  • Parcel: 14-21-229-019
  • Lot: 14
  • Municipality: SUGAR GROVE
  • Latitude: 41.7617
  • Longitude: -88.4361

    Address

  • Full Address: 128 Joy St
  • Legal Unit: 1
  • Address - House Number: 128
  • Address - Street Name: Joy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Sugar Grove
  • Carrier Code: R045
  • 4-Digit Zip Code: 5420
  • Zip Code: 60554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $635,402
  • Tax Rate Code Area: SG022

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 304,843
  • High Value: 347,187
  • Low Value: 262,499

    Market Valuation

  • Market Total Value: $220,285
  • Market Land Value: $54,121
  • Market Improvement Value: $166,164

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,399
  • Assessed Land Value: $18,033
  • Assessed Improvements Value: $55,366

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015K034386
  • Previous Sale Recording Date: Apr 09, 2012
  • Previous Sale Contract Date: Mar 29, 2012
  • Previous Sale Amount: $130,500
  • Previous Sale Document Type: 20

    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 Sugar Grove

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2719 ft²

Average Home Age

26 years

Currently For Sale

22 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

Unit for rent at 538 Mallard Lane, Sugar Grove, IL, 60554

$2,495 /mo

  • 3 Beds
  • 1 Bath
  • 1,466 ft²
538 Mallard Lane #B, Sugar Grove, IL, 60554 Listing by John Sommer

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Garcia, Legacy Properties
Data Source: MRED, MLS# MRD12401225
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 128 Joy Street built and last sold?
The property at 128 Joy Street was built in 1985 and last sold on May 15, 2015 for $204,000.
How much is this home worth?
The estimated value of the home located at 128 Joy Street is $0.
What are some comparable homes to 128 Joy Street?
There are currently no comparable homes to 128 Joy Street.
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