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Bureau 61356
2460 Shady Lane
$215,000
● House - Off Market

2460 Shady Lane

Princeton, IL 61356
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,432 Ft²
$398,744
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Fabulous private 6 acres with gorgeous views of bluff & timber. "Lindal" 4 bedroom, 2 1/2 bath home with wraparound porch, deck, upper level balcony & walk out level with patio. 2 fireplaces, authentic natural pine walls, 20x40 inground pool. Updates: roof 2003, furnace 2007, patio 2002. Almost 3200 sq ft finished area including walkout lower area.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
-
Price per sqft
$95
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
-

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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
Parking Available
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 261,360
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006000
  • Standard Land Use Code: 1008
  • County Land Use Code: 0010
  • Legal Description 1: PT SE COR NW SE & PT L 1 SW SE D 22-2033

Neighborhood

  • School District Name: Princeton High School District 500
  • Census Tract: 965500

Geography

  • Account Number: 1618403010
  • District: 16
  • Parcel: 16-18-403-010
  • Lot: 1
  • Meridian: SEC 18 TWN 16 RNG 09
  • Municipality: PRINCETON
  • Latitude: 41.3671
  • Longitude: -89.4947

    Address

  • Full Address: 2460 Shady Ln
  • Address - House Number: 2460
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Princeton
  • Carrier Code: R005
  • 4-Digit Zip Code: 8354
  • Zip Code: 61356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $405,322
  • Tax Rate Code Area: 16002

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: May 31, 2023
  • Confidence Score: 61
  • Final Value: 205,949
  • High Value: 261,401
  • Low Value: 150,496

    Market Valuation

  • Market Total Value: $188,100
  • Market Land Value: $16,659
  • Market Improvement Value: $171,441

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,700
  • Assessed Land Value: $5,553
  • Assessed Improvements Value: $57,147

    Sales

  • Current Sale Contract Date: Jun 23, 2007
  • Current Sale Recording Date: Aug 21, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007_05189
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 Bureau

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$121

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1666 ft²

Average Home Age

88.9 years

Currently For Sale

86 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: Theresa Poundstone, ABR,CRS,GRI, Haeberle & Associates Inc.
Data Source: MRED, MLS# MRD06541920
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 2460 Shady Lane built and last sold?
The property at 2460 Shady Lane was built in and last sold on Jun 23, 2007 for $215,000.
How much is this home worth?
The estimated value of the home located at 2460 Shady Lane is $220,291.
What are some comparable homes to 2460 Shady Lane?
There are currently no comparable homes to 2460 Shady Lane.
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