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Belvidere 61008
1523 10th Avenue
$185,000
● House - Off Market

1523 10th Avenue

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$1,026
Est. Monthly
8.54%
Cap Rate

About This Property

Nicely refreshed ranch with 5 beds and 2 baths! New paint / flooring / stainless steel appliances / countertops / bathrooms / exterior paint / furnace and ac.  All new ---- move in ready!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$170
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1967

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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.

Last updated: 3 years ago (MRED MLS #11971489)

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold
Premium
Sold
Feb 1, 2024 Listed by Complete Realty & Prop Management $169,900
Listed by Complete Realty & Prop Management

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2002
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 660
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEFFIELD GREEN SUB
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 35-44-3 LT 12 BLK 7 SHEFFIELD GREEN SUB PLAT 2 1523 TENTH AVE

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010300

Geography

  • Account Number: 05-05-35-328-025
  • District: 050
  • Parcel: 05-35-328-025
  • Block: 7
  • Lot: 12
  • Municipality: BELVIDERE
  • Latitude: 42.2448
  • Longitude: -88.8525

    Address

  • Full Address: 1523 10th Ave
  • Address - House Number: 1523
  • Address - Street Name: 10th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C011
  • 4-Digit Zip Code: 5421
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $229,686

    Appraisal Valuation

  • Standard Deviation: 0.1259
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 86
  • Final Value: 166,425
  • High Value: 187,386
  • Low Value: 145,463

    Market Valuation

  • Market Total Value: $104,148
  • Market Land Value: $16,974
  • Market Improvement Value: $87,174

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,716
  • Assessed Land Value: $5,658
  • Assessed Improvements Value: $29,058

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2005
  • Current Sale Recording Date: Jun 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000007009
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 Belvidere

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$147

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1654 ft²

Average Home Age

48.9 years

Currently For Sale

16 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

Rentals Near You

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MRED

Listed by: Marc Hathaway, Complete Realty & Prop Management
Last Updated: 3 years ago
Data Source: MRED, MLS# 11971489
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 1523 10th Avenue built and last sold?
The property at 1523 10th Avenue was built in 1967 and last sold on Jun 22, 2005 for $146,000.
How much is this home worth?
The estimated value of the home located at 1523 10th Avenue is $0.
What are some comparable homes to 1523 10th Avenue?
There are currently no comparable homes to 1523 10th Avenue.
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