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Belvidere 61008
2139 Lafayette Drive
$215,000
● House - Off Market

2139 Lafayette Drive

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,348 Ft²
$273,616
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Lovely Ranch style home with a great curb appeal! Very well maintained! 3 bedrooms with nice light fixtures and newer hardwood floors throughout, 3 full bathrooms. Great living room, high vaulted ceilings and a neat gas fireplace. Kitchen has a tile backsplash, beautiful granite countertops and all stainless steel appliances, lots of cabinets space as well. Main floor laundry. Finished lower level with a large bar great for entertaining, full bathroom and a possible additional bedroom. 3 car garage! Great backyard with a covered stone patio. Roof is only 2year old!
Unit Size
3,348 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$67
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
2007

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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.

Last updated: 3 years ago (MRED MLS #10936082)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Nov 17, 2020 Listed by Baird & Warner $225,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,730
  • Garage Type: 7
  • Garage Square Area: 700
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 3,348
  • Building Area: 3,348
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,348
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANDMARK CROSSINGS 1 LT
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 22-44-3 LANDMARK CROSSINGS PLAT 1 LOT 25 2139 LAFAYETTE DR N 187.8 E 150.76 SW 137.15

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010502

Geography

  • Account Number: 05-05-22-254-001
  • District: 050
  • Parcel: 05-22-254-001
  • Lot: 25
  • Municipality: BELVIDERE
  • Latitude: 42.2787
  • Longitude: -88.8679

    Address

  • Full Address: 2139 Lafayette Dr
  • Address - House Number: 2139
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R011
  • 4-Digit Zip Code: 1712
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $675,166

    Appraisal Valuation

  • Standard Deviation: 0.134
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 217,388
  • High Value: 246,532
  • Low Value: 188,244

    Market Valuation

  • Market Total Value: $209,142
  • Market Land Value: $20,001
  • Market Improvement Value: $189,141

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,714
  • Assessed Land Value: $6,667
  • Assessed Improvements Value: $63,047

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 26
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Contract Date: Jun 14, 2018
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 36
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:

$224,900

Sale Price/ft²

$145

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1658 ft²

Average Home Age

43.4 years

Currently For Sale

16 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: John Lim, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 10936082
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 2139 Lafayette Drive built and last sold?
The property at 2139 Lafayette Drive was built in 2007 and last sold on Apr 7, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 2139 Lafayette Drive is $0.
What are some comparable homes to 2139 Lafayette Drive?
There are currently no comparable homes to 2139 Lafayette Drive.
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