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Belvidere 61008
2124 NORTHWOOD Drive
$265,000
● House - Off Market

2124 NORTHWOOD Drive

Belvidere, IL 61008
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$1,805
Est. Monthly
12.64%
Cap Rate
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1999

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 948
  • Garage Type: 7
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYNNWOOD 02
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 22-44-3 WYNNWOOD PLAT NO 2 LOT 76 2124 NORTHWOOD DR

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010102

Geography

  • Account Number: 05-05-22-452-007
  • District: 050
  • Parcel: 05-22-452-007
  • Lot: 76
  • Municipality: BELVIDERE
  • Latitude: 42.27
  • Longitude: -88.8674

    Address

  • Full Address: 2124 Northwood Dr
  • Address - House Number: 2124
  • Address - Street Name: Northwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R011
  • 4-Digit Zip Code: 1995
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,484

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 221,225
  • High Value: 261,549
  • Low Value: 180,901

    Market Valuation

  • Market Total Value: $174,123
  • Market Land Value: $20,607
  • Market Improvement Value: $153,516

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,041
  • Assessed Land Value: $6,869
  • Assessed Improvements Value: $51,172

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2011
  • Current Sale Recording Date: Jun 03, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000003470
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 Belvidere

Stats & Trends

Median Asking:

$229,950

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1521 ft²

Average Home Age

64.8 years

Currently For Sale

18 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

Rentals Near You

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MRED

Listed by: Melissa Mobile, Hometown Realty Group
Data Source: MRED, MLS# MRD12364511
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 2124 Northwood Drive built and last sold?
The property at 2124 Northwood Drive was built in 1999 and last sold on Jun 3, 2011 for $85,000.
How much is this home worth?
The estimated value of the home located at 2124 Northwood Drive is $0.
What are some comparable homes to 2124 Northwood Drive?
There are currently no comparable homes to 2124 Northwood Drive.
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