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Rockford 61107 Northeast
2201 N Alpine Road
$94,000
● House - Off Market

2201 N Alpine Road

Rockford, IL 61107
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$105,817
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

GREAT LOCATION close to shops, restaurants, and schools. This clean and well kept home features an open living area and 3 bedrooms with large closets. The fenced backyard with mature tree provides many opportunities to enjoy outdoor space. A large bathroom has laundry hookup for laundry conveniently located near bathroom and bedrooms. This house is a blank canvas ready to be made your own!
Unit Size
1,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$99
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
1950

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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 #11353875)

Price History

Date / Event Date Event Price
May 16, 2022 Sold
Premium
Sold
Mar 22, 2022 Listed by Keller Williams Realty Signature $105,000
Listed by Keller Williams Realty Signature

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 158

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,456
  • Gross Building Area: 1,456
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TILTON TERRACE PLAT NO 1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: TILTON TERRACE PLAT NO 1 PT NE 1/4 + SE 1/4 SEC 17-44-2 LOT 008

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000506

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-17-253-006
  • Lot: 008
  • Meridian: SEC 17 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.2901
  • Longitude: -89.0287

    Address

  • Full Address: 2201 N Alpine Rd
  • Address - House Number: 2201
  • Street Direction: N
  • Address - Street Name: Alpine
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: C015
  • 4-Digit Zip Code: 1437
  • Zip Code: 61107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $115,738
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 108,043
  • High Value: 133,002
  • Low Value: 83,085

    Market Valuation

  • Market Total Value: $70,797
  • Market Land Value: $13,185
  • Market Improvement Value: $57,612

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,599
  • Assessed Land Value: $4,395
  • Assessed Improvements Value: $19,204

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16360
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 Northeast

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$134

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2541 ft²

Average Home Age

63 years

Currently For Sale

48 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 1127 Prestwick Parkway, Rockford, IL, 61107

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,133 ft²
1127 Prestwick Parkway, Rockford, IL, 61107 Listing by Kathy Farokhi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Toni VanderHeyden, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11353875
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 2201 North Alpine Road built and last sold?
The property at 2201 North Alpine Road was built in 1950 and last sold on May 16, 2022 for $94,000.
How much is this home worth?
The estimated value of the home located at 2201 North Alpine Road is $0.
What are some comparable homes to 2201 North Alpine Road?
There are currently no comparable homes to 2201 North Alpine Road.
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