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St. Joseph 61873
208 Monroe Street
$146,500
● House - Off Market

208 Monroe Street

St. Joseph, IL 61873
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,175 Ft²
$891
Est. Monthly
4.78%
Cap Rate

About This Property

Don't miss out on this adorable bungalow in the highly desired town and school district of St. Joe! 1 bedroom and full bathroom on the main level. The loft area could be used as a large 2nd bedroom. Updates include: fresh landscaping, new roof and tinted skylight windows on 2nd level in 2022. New HVAC: 2023. New appliances, range hood, and washer and dryer, which are all included in the sale. New flooring throughout. Brand new light fixtures and fans. Completely updated kitchen including granite countertops, new cabinets, and backsplash. New bathroom vanity. Fresh paint. Garden shed for storage. Shared asphalted driveway.  So much love and care has been put into this home, and it's just awaiting its new owners.
Unit Size
1,175 Ft²
Days on Market
-
Land Size
-
Price per sqft
$124
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,026
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS SUB
  • Land Acres: 0000000138
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT PT 2 HILLS SUB

Neighborhood

  • School District Name: St. Joseph-Ogden Community High School District 305
  • School Tax School District: 101
  • Census Tract: 010701

Geography

  • District: 28
  • Parcel: 28-22-14-103-003
  • Lot: 2
  • Meridian: SEC 14 TWN 19N RNG 10E
  • Municipality: ST. JOSEPH
  • Latitude: 40.1124
  • Longitude: -88.0446

    Address

  • Full Address: 208 Monroe St
  • Address - House Number: 208
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Saint Joseph
  • Carrier Code: R001
  • 4-Digit Zip Code: 8948
  • Zip Code: 61873

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $189,874
  • Tax Rate Code Area: 2803

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 105,431
  • High Value: 127,276
  • Low Value: 83,586

    Market Valuation

  • Market Total Value: $77,430
  • Market Land Value: $20,340
  • Market Improvement Value: $57,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,810
  • Assessed Land Value: $6,780
  • Assessed Improvements Value: $19,030
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 St. Joseph

Stats & Trends

Median Asking:

$267,400

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1445 ft²

Average Home Age

37.3 years

Currently For Sale

4 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: Creg McDonald, Realty Select One
Data Source: MRED, MLS# MRD12438560
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 208 Monroe Street built and last sold?
The property at 208 Monroe Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 208 Monroe Street is $0.
What are some comparable homes to 208 Monroe Street?
There are currently no comparable homes to 208 Monroe Street.
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