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DeKalb 60115 Town and Country Estates
202 Fairmont Drive
$264,000
● House - Off Market

202 Fairmont Drive

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,736 Ft²
$1,752
Est. Monthly
9.29%
Cap Rate

About This Property

Spacious, mid-century, three bedroom 2 bath home with fenced, back and side yard.  Home features original, beautiful hardwood floors and wood burning fireplace. Sunny four season sun porch with sky lights perfect for enjoying your morning coffee. Sunroom has its own seperate AC and heating unit. Rec room in partially finished basement plus utility room and storage room. Close to schools, NIU and shopping. Home is an estate. Executor is not aware of any issues with the property, but is offering a home warranty.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
-

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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 #12116039)

Price History

Date / Event Date Event Price
Sep 20, 2024 Sold
Premium
Sold
Aug 10, 2024 Price Decreased $264,000
↓ $4K (1.5%)
Price Decreased
Aug 2, 2024 Price Decreased $268,000
↓ $12K (4.3%)
Price Decreased
Jul 25, 2024 Listed by Elm Street REALTORS $280,000
Listed by Elm Street REALTORS

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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
  • Living Units: 1
  • 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: 11,967
  • Total Building Area: 0
  • Building Area: 0

    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: HILLCREST SUB - 1ST ADDITION
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: HILLCREST SUB - 1ST ADDITION - LOT 3 BLOCK 3

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000900

Geography

  • Account Number: 0814303013
  • District: DK
  • Parcel: 08-14-303-013
  • Block: 3
  • Lot: 3
  • Municipality: DEKALB
  • Latitude: 41.9419
  • Longitude: -88.7512

    Address

  • Full Address: 202 Fairmont Dr
  • Address - House Number: 202
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C022
  • 4-Digit Zip Code: 2332
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $546,244
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 269,582
  • High Value: 306,803
  • Low Value: 232,361

    Market Valuation

  • Market Total Value: $213,759
  • Market Land Value: $29,850
  • Market Improvement Value: $183,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,253
  • Assessed Land Value: $9,950
  • Assessed Improvements Value: $61,303

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Town and Country Estates

Stats & Trends

Median Asking:

$314,900

Sale Price/ft²

$191

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2115 ft²

Average Home Age

57 years

Currently For Sale

3 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

Unit for rent at 628 Krpan Court, DeKalb, IL, 60115

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,780 ft²
628 Krpan Court, DeKalb, IL, 60115 Listing by Rorry Skora
Unit for rent at 416 Red Wing Lane, DeKalb, IL, 60115

$2,750 /mo

  • 4 Beds
  • 3 Baths
  • 1,800 ft²
416 Red Wing Lane, DeKalb, IL, 60115 Listing by Katherine Gannon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sue Englert, Elm Street REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 12116039
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 202 Fairmont Drive built and last sold?
The property at 202 Fairmont Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 202 Fairmont Drive is $269,128.
What are some comparable homes to 202 Fairmont Drive?
There are currently no comparable homes to 202 Fairmont Drive.
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