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Sugar Grove 60554
151 Meadows Drive
$285,000
● House - Off Market

151 Meadows Drive

Sugar Grove, IL 60554
bedrooms
2 Beds
bathrooms
2 Baths
$1,789
Est. Monthly
7.23%
Cap Rate

About This Property

LET'S GET MOVING!! SPRING IS JUST AROUND THE CORNER - IT'S TIME FOR A FRESH START - AMAZING 3 BEDROOM/2 FULL BATH DUPLEX IN SUGAR GROVE - READY NOW! FEATURING OPEN CONCEPT EAT-IN KITCHEN WITH ALL APPLIANCES INCLUDED AND S/G/D TO OUTDOOR DECK - VAULTED LIVING ROOM WITH BEAUTIFUL NATURAL LIGHT - 2 SPACIOUS BEDROOMS AND FULL GUEST BATHROOM  LOWER LEVEL HOSTS 3RD BEDROOM, AND FULL BATHROOM PLUS RECREATION ROOM AND LARGE UTILITY AND STORAGE! ATTACHED GARAGE AND ALL SITUATED ON BIG PRIVATE YARD WITH SHED AND NO HOA! WALKKING DISTANCE TO ELEMENTARY SCHOOL AND MINUTES TO I88 - SEE THIS ONE TODAY!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1991

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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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • 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 Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 253
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,743
  • Total Building Area: 1,303
  • Gross Building Area: 1,303
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUGAR CREEK
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 53 K UN 1

Neighborhood

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

Geography

  • Parcel: 14-21-173-026
  • Lot: 53
  • Municipality: SUGAR GROVE
  • Latitude: 41.7647
  • Longitude: -88.4474

    Address

  • Full Address: 151 Meadows Dr
  • Address - House Number: 151
  • Address - Street Name: Meadows
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Sugar Grove
  • Carrier Code: R041
  • 4-Digit Zip Code: 5006
  • Zip Code: 60554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $509,772
  • Tax Rate Code Area: SG022

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 231,479
  • High Value: 285,171
  • Low Value: 177,787

    Market Valuation

  • Market Total Value: $194,820
  • Market Land Value: $30,288
  • Market Improvement Value: $164,532

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,914
  • Assessed Land Value: $10,092
  • Assessed Improvements Value: $54,822

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2002
  • Current Sale Recording Date: Jul 17, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002K087911
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

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MRED

Listed by: Melissa Garcia, Legacy Properties
Data Source: MRED, MLS# MRD12291059
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 151 Meadows Drive built and last sold?
The property at 151 Meadows Drive was built in 1991 and last sold on Jul 12, 2002 for $140,000.
How much is this home worth?
The estimated value of the home located at 151 Meadows Drive is $282,295.
What are some comparable homes to 151 Meadows Drive?
There are currently no comparable homes to 151 Meadows Drive.
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