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Marshall 61375
1950 County Road 800 N
$225,000
● House - Off Market

1950 County Road 800 N

Varna, IL 61375
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,377 Ft²
$1,464
Est. Monthly
14.87%
Cap Rate

About This Property

Dreaming of a home that offers the charm and tranquility of country living? Look no further! This beautiful 4-bedroom home sits on a full acre, providing the perfect blend of comfort and space. Recent updates include a new roof (2023), as well as a new AC, furnace, ductwork, new pressure tank for well, and water heater-giving you peace of mind for years to come. Come enjoy the serenity and simplicity of the countryside in this wonderful home!
Unit Size
2,377 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1979

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 43,560
  • Lot Size Depth Feet: 3,390
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 0
  • Building Area: 1,697
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,697
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S19 T30 R1W PT SE. LOT SIZE: 128 X 339

Neighborhood

  • School District Name: Midland Community Unit School District 7
  • Census Tract: 961100

Geography

  • Parcel: 06-19-400-004
  • Lot: 1439
  • Meridian: SEC 19 TWN 30 RNG 01W
  • Municipality: ROBERTS
  • Latitude: 41.0427
  • Longitude: -89.268

    Address

  • Full Address: 1950 County Road 800 N
  • Address - House Number: 1950
  • Street Segment Direction: N
  • Address - Street Name: County Road 800
  • State: IL
  • City Name: Varna
  • Carrier Code: R002
  • 4-Digit Zip Code: 9310
  • Zip Code: 61375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $77,790
  • Tax Rate Code Area: RO002

    Appraisal Valuation

  • Standard Deviation: 0.0846
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 93
  • Final Value: 122,800
  • High Value: 133,195
  • Low Value: 112,405

    Market Valuation

  • Market Total Value: $31,218
  • Market Land Value: $3,384
  • Market Improvement Value: $27,834

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,406
  • Assessed Land Value: $1,128
  • Assessed Improvements Value: $9,278

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Marshall

Stats & Trends

Median Asking:

$209,000

Sale Price/ft²

$126

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1639 ft²

Average Home Age

66.4 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: Donna Bayler, Local Realty Group, Inc.
Data Source: MRED, MLS# MRD12466215
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 1950 County Rd 800 North built and last sold?
The property at 1950 County Rd 800 North was built in 1979 and last sold on Dec 12, 2022 for $129,900.
How much is this home worth?
The estimated value of the home located at 1950 County Rd 800 North is $0.
What are some comparable homes to 1950 County Rd 800 North?
There are currently no comparable homes to 1950 County Rd 800 North.
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