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Sidney 61877
206 Linda Lane
$290,000
● House - Off Market

206 Linda Lane

Sidney, IL 61877
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$1,783
Est. Monthly
5.43%
Cap Rate

About This Property

Over 1,800 Sq Ft in this split floorplan 3 Bedroom, 2 bath Ranch situated on a corner lot with country views on the south end of Sidney. Open layout with hardwood flooring and vaulted ceilings in the combined living/dining room. Large eat-in kitchen has plenty of cabinet and counter space and an impressive pantry. Conveniently located laundry room off the kitchen includes built-in cabinetry. Primary bedroom has a large en-suite bathroom and walk-in closet. The oversized 2 car garage provides extra space for storage. New furnace in 2022. New roof in 2023. New oven in 2023.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$157
Property Type
House
Property Taxes
$358
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.

Property Highlights

Air Conditioning
Garage

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: 12,177
  • 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: NOX POINT SUB PHASE 3
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 33 NOX POINT SUB PHASE 3

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010800

Geography

  • District: 24
  • Parcel: 24-28-16-402-012
  • Lot: 33
  • Meridian: SEC 16 TWN 18N RNG 10E
  • Municipality: SIDNEY
  • Latitude: 40.0157
  • Longitude: -88.0757

    Address

  • Full Address: 206 Linda Ln
  • Address - House Number: 206
  • Address - Street Name: Linda
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Sidney
  • Carrier Code: R071
  • 4-Digit Zip Code: 9633
  • Zip Code: 61877

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $399,436
  • Tax Rate Code Area: 2402

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 261,490
  • High Value: 316,894
  • Low Value: 206,087

    Market Valuation

  • Market Total Value: $219,630
  • Market Land Value: $26,370
  • Market Improvement Value: $193,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,210
  • Assessed Land Value: $8,790
  • Assessed Improvements Value: $64,420

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6107
  • Previous Sale Recording Date: Apr 28, 2006
  • Previous Sale Contract Date: Apr 03, 2006
  • Previous Sale Amount: $23,000
  • Previous Sale Document Type: 71
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 Sidney

Stats & Trends

Median Asking:

$232,450

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2332 ft²

Average Home Age

73 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

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MRED

Listed by: Nate Evans, eXp Realty,LLC-Mahomet
Data Source: MRED, MLS# MRD12279292
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 206 Linda Lane built and last sold?
The property at 206 Linda Lane was built in and last sold on May 10, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 206 Linda Lane is $0.
What are some comparable homes to 206 Linda Lane?
There are currently no comparable homes to 206 Linda Lane.
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