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Stephenson 61032
2416 Sunset Drive
$134,900
● House - Off Market

2416 Sunset Drive

Freeport, IL 61032
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,654 Ft²
$820
Est. Monthly
10.36%
Cap Rate

About This Property

Large ranch home in adorable Sunset Acres outside of Freeport! Large lot of 0.54 acre with shed. This home is perfect for the person who wants that extra space in the garage for work area for hobbies or working on a car. You can always put a 3rd car in the garage if you like too! Home includes a large recreation room off the eat in kitchen for everyone to hang out. Extra parking on side of house as well
Unit Size
1,654 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$78
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1970

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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 #11898115)

Price History

Date / Event Date Event Price
Jan 24, 2024 Sold
Premium
Sold
Sep 30, 2023 Listed by Vylla Home $129,000
Listed by Vylla Home

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 7
  • 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: 9
  • Basement Area: 1,222
  • Garage Type: 1
  • Garage Square Area: 1,152
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Depth Feet: 18,000
  • Lot Size Frontage Feet: 13,000
  • Total Building Area: 2,876
  • Building Area: 2,876
  • Building Area Measurement: B

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LOT 15 SUNSET ACRES PLAT 2

Neighborhood

  • School District Name: Freeport School District 145
  • Census Tract: 000500

Geography

  • District: 08
  • Parcel: 08-13-13-302-004
  • Lot: 15
  • Municipality: HARLEM
  • Latitude: 42.3344
  • Longitude: -89.6492

    Address

  • Full Address: 2416 Sunset Dr
  • Address - House Number: 2416
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Freeport
  • Carrier Code: R005
  • 4-Digit Zip Code: 8349
  • Zip Code: 61032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $223,418
  • Tax Rate Code Area: 08004

    Appraisal Valuation

  • Standard Deviation: 0.119
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 87
  • Final Value: 122,181
  • High Value: 136,725
  • Low Value: 107,636

    Market Valuation

  • Market Total Value: $103,350
  • Market Land Value: $16,245
  • Market Improvement Value: $87,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,450
  • Assessed Land Value: $5,415
  • Assessed Improvements Value: $29,035

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Stephenson

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$94

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2049 ft²

Average Home Age

69.7 years

Currently For Sale

81 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: Dawn Zurick, Vylla Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 11898115
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 2416 Sunset Drive built and last sold?
The property at 2416 Sunset Drive was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2416 Sunset Drive is $0.
What are some comparable homes to 2416 Sunset Drive?
There are currently no comparable homes to 2416 Sunset Drive.
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