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Ottawa 61350
1819 Boyce Lane
$252,500
● House - Off Market

1819 Boyce Lane

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,338 Ft²
$1,822
Est. Monthly
9.43%
Cap Rate

About This Property

"A MUST SEE HOME", located in a "Great Neighborhood", on a dead-end street!  Terrific area to raise your family!  2.5 bathrooms and 3 extra large bedrooms for your comfort. Very nice fenced backyard area, with a concrete patio, with a retractable awning for those very sunny or rainy days,  Attached "full-size" double garage.  Very clean and well built 2 story home.  Has a stairlift that will remain in the home. Has a "full Basement", with an area that could be a "man cave" or extra "bedroom". Washer, dryer, range, and refrigerator stay,  Other furniture items available to be purchased.  Won't last long, you will not be disappointed.  "MOTIVATED SELLER"!
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$109
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1967

Payment Calculator

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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
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,879
  • Total Building Area: 2,338
  • Gross Building Area: 2,338
  • Building Area: 2,338
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAT OF LOTS 1 THRU 4 SW 1/4 SEC 2-33-3
  • Land Acres: 0000000318
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TR B S 102' W152.2' N669.80' LT 2 SW 1/4 SEC 2-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962600

Geography

  • District: OT
  • Subdivision Tract Number: B
  • Parcel: 21-02-305-009
  • Lot: 2
  • Meridian: SEC 02 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3594
  • Longitude: -88.8479

    Address

  • Full Address: 1819 Boyce Ln
  • Address - House Number: 1819
  • Address - Street Name: Boyce
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C003
  • 4-Digit Zip Code: 1439
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $564,120
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 64
  • Final Value: 226,874
  • High Value: 284,081
  • Low Value: 169,668

    Market Valuation

  • Market Total Value: $176,511
  • Market Land Value: $22,161
  • Market Improvement Value: $154,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,837
  • Assessed Land Value: $7,387
  • Assessed Improvements Value: $51,450

    Sales

  • Current Sale Contract Date: Oct 26, 2012
  • Current Sale Recording Date: Oct 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2012-23298
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 Ottawa

Stats & Trends

Median Asking:

$229,700

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1780 ft²

Average Home Age

48 years

Currently For Sale

71 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: James Rice, Washington Square, Realtors
Data Source: MRED, MLS# MRD12401783
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 1819 Boyce Lane built and last sold?
The property at 1819 Boyce Lane was built in 1967 and last sold on Oct 26, 2012 for $130,000.
How much is this home worth?
The estimated value of the home located at 1819 Boyce Lane is $0.
What are some comparable homes to 1819 Boyce Lane?
There are currently no comparable homes to 1819 Boyce Lane.
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