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Belvidere 61008
1534 9th Avenue
$180,000
● House - Off Market

1534 9th Avenue

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,210 Ft²
$1,254
Est. Monthly
14.78%
Cap Rate

About This Property

Come check this 3-bedroom, 2-full bath home with a large fenced-in yard. Walking into the living space, you'll find it flows into the kitchen and a dinning room that could potentially be used as a family room. Don't miss out on the opportunity to own this one!
Unit Size
1,210 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1965

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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: 1965
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 1,210
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEFFIELD GREEN 01
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 35-44-3 LT 15 BLK 5 SHEFFIELD GREEN 1 1534 NINTH AVE

Neighborhood

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

Geography

  • Account Number: 05-05-35-404-014
  • District: 050
  • Parcel: 05-35-404-014
  • Block: 5
  • Lot: 15
  • Municipality: BELVIDERE
  • Latitude: 42.2445
  • Longitude: -88.851

    Address

  • Full Address: 1534 9th Ave
  • Address - House Number: 1534
  • Address - Street Name: 9th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C011
  • 4-Digit Zip Code: 5416
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $390,366

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 161,330
  • High Value: 190,736
  • Low Value: 131,923

    Market Valuation

  • Market Total Value: $120,921
  • Market Land Value: $16,974
  • Market Improvement Value: $103,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,307
  • Assessed Land Value: $5,658
  • Assessed Improvements Value: $34,649

    Sales

  • Current Sale Contract Date: Sep 14, 2011
  • Current Sale Recording Date: Sep 14, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000005604
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:

$230,000

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1527 ft²

Average Home Age

64.9 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

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MRED

Listed by: Jeanette Solis, Smart Home Realty
Data Source: MRED, MLS# MRD12458611
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 1534 9th Avenue built and last sold?
The property at 1534 9th Avenue was built in 1965 and last sold on Sep 14, 2011 for $69,000.
How much is this home worth?
The estimated value of the home located at 1534 9th Avenue is $182,132.
What are some comparable homes to 1534 9th Avenue?
There are currently no comparable homes to 1534 9th Avenue.
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