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Boone 61011
2015 Quail Trap Road
$185,000
● Land - Off Market

2015 Quail Trap Road

CALEDONIA, IL 61011
bedrooms
Studio
bathrooms
0 Bath
$318,489
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Rare, buildable wooded acreage for a secluded residence in Boone County, yet only 10 minutes from major retail corridor and 3 miles from I-39/I-90.Former site of a residence approximately in center of woods. Electrical transformer box and phone pedestal still at site.  Access to property by 60' easement. 3 acres of cropland.
Unit Size
-
Days on Market
-
Land Size
25.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
HOA Dues
-
Year Built
2017

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.

Last updated: 3 years ago (MRED MLS #09580029)

Price History

Date / Event Date Event Price
Sep 12, 2017 Sold
Premium
Sold
Mar 30, 2017 Listed by Hoffman Realty $200,000
Listed by Hoffman Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Building Condition: 6
  • 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: 1,089,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000025000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0011
  • Legal Description 1: 16-45-3 S 25 ACS OF W1/2 NW 2015 QUAIL TRAP RD

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010603

Zoning

  • Zoning: A1

Geography

  • Account Number: 03-03-16-100-004
  • District: 030
  • Parcel: 03-16-100-004
  • Municipality: CALEDONIA
  • Latitude: 42.3791
  • Longitude: -88.898

    Address

  • Full Address: 2015 Quail Trap Rd
  • Address - House Number: 2015
  • Address - Street Name: Quail Trap
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Caledonia
  • Zip Code: 61011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,290

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 82
  • Final Value: 130,831
  • High Value: 150,228
  • Low Value: 111,433

    Market Valuation

  • Market Total Value: $13,839
  • Market Land Value: $7,305
  • Market Improvement Value: $6,534

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,613
  • Assessed Land Value: $2,435
  • Assessed Improvements Value: $2,178

    Sales

  • Current Sale Contract Date: Mar 21, 2006
  • Current Sale Recording Date: Mar 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 000000003128
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 Boone

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2346 ft²

Average Home Age

38.8 years

Currently For Sale

61 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: , Hoffman Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09580029
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 2015 Quail Trap Road built and last sold?
The property at 2015 Quail Trap Road was built in 2017 and last sold on Mar 21, 2006 for $520,000.
How much is this home worth?
The estimated value of the home located at 2015 Quail Trap Road is $202,000.
What are some comparable homes to 2015 Quail Trap Road?
There are currently no comparable homes to 2015 Quail Trap Road.
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