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Ford 60957
226 N 2000e Road
$299,000
● House - Off Market

226 N 2000e Road

Paxton, IL 60957
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,227 Ft²
$1,986
Est. Monthly
9.16%
Cap Rate

About This Property

Welcome to your beautiful country retreat nestled on 3 serene acres just a mile outside of Paxton. This property features 4 spacious bedrooms and 2.5 bathrooms. Enjoy an inviting open floor plan that seamlessly connects living areas for effortless entertaining and everyday living. The home boasts a large attached 2-car garage, ensuring ample parking and storage. Venture downstairs to the full basement, which comes equipped with plumbing for a complete bath, providing a perfect opportunity for customization to suit your lifestyle needs. Outside you will find a nice sized shed, ideal for hobbies, storage, or any projects you have in mind. Embrace the tranquility of country living while enjoying the convenience of nearby Paxton. This retreat is ready for you to make it your own!
Unit Size
2,227 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
2004

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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: 2 years ago (MRED MLS #12172122)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Sep 24, 2024 Listed by Realty Select One $299,000
Listed by Realty Select One

Property Highlights

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,228
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 5,128
  • Building Area: 2,228
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,228
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: S21 T23 R10 PT SW BEG 1222'N SW COR N200' E653.4' S200' W653.4' TO POB 3 AC ZONING AG-1

Neighborhood

  • School District Name: Paxton-Buckley-Loda Community Unit School District 10
  • Census Tract: 961700

Zoning

  • Zoning: AG-1

Geography

  • District: 11
  • Parcel: 11-14-21-300-010
  • Meridian: SEC 21 TWN 23N RNG 10E
  • Municipality: PATTON TOWNSHIP
  • Latitude: 40.4333
  • Longitude: -88.0781

    Address

  • Full Address: 226 N 2000e Rd
  • Address - House Number: 226
  • Street Direction: N
  • Address - Street Name: 2000e
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Paxton
  • Carrier Code: R002
  • 4-Digit Zip Code: 4124
  • Zip Code: 60957

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $620,538
  • Tax Rate Code Area: 11006

    Appraisal Valuation

  • Standard Deviation: 0.2507
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 288,785
  • High Value: 361,206
  • Low Value: 216,364

    Market Valuation

  • Market Total Value: $242,820
  • Market Land Value: $19,860
  • Market Improvement Value: $222,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,940
  • Assessed Land Value: $6,620
  • Assessed Improvements Value: $74,320

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 271595

    Financing

  • First Mortgage Financing Type: FIX
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 Ford

Stats & Trends

Median Asking:

$149,000

Sale Price/ft²

$110

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1649 ft²

Average Home Age

67.1 years

Currently For Sale

36 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
Last Updated: 2 years ago
Data Source: MRED, MLS# 12172122
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 226 North 2000E Road built and last sold?
The property at 226 North 2000E Road was built in 2004 and last sold on Aug 16, 2019 for $220,000.
How much is this home worth?
The estimated value of the home located at 226 North 2000E Road is $0.
What are some comparable homes to 226 North 2000E Road?
There are currently no comparable homes to 226 North 2000E Road.
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