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Capron 61012
255 S 2ND Street
$160,000
● House - Off Market

255 S 2ND Street

Capron, IL 61012
bedrooms
2 Beds
bathrooms
1 Bath
square feet
948 Ft²
$940
Est. Monthly
13.09%
Cap Rate

About This Property

Welcome home to this adorable 2 bed, 1 bath home in Capron! Roof over home was updated in 2023. Fridge, stove, washer, dryer and sump were all replaced in 2023. 1st floor laundry in the kitchen. Breezeway from the 2 car garage makes a great mud room. Driveway was recently redone. This home has solar panels. Come see it before it is sold! Cinch home warranty included.
Unit Size
948 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$169
Property Type
House
Property Taxes
$154
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 948
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 820
  • Total Building Area: 948
  • Building Area: 948
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG VILLAGE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 11-45-4 ORIG VILLAGE OF CAPRON-S 12 OF LOTS 6 & 7 BLK 16 255 SECOND ST 82.5 X 132

Neighborhood

  • School District Name: North Boone Community Unit School District 200
  • Census Tract: 010601

Geography

  • Account Number: 04-04-11-139-007
  • District: 040
  • Parcel: 04-11-139-007
  • Block: 16
  • Lot: 6-7
  • Municipality: BOONE
  • Latitude: 42.3974
  • Longitude: -88.7372

    Address

  • Full Address: 255 S 2nd St
  • Legal Unit: S
  • Address - House Number: 255
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Capron
  • Carrier Code: R777
  • 4-Digit Zip Code: 7702
  • Zip Code: 61012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,282

    Appraisal Valuation

  • Standard Deviation: 0.134
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 117,374
  • High Value: 133,110
  • Low Value: 101,639

    Market Valuation

  • Market Total Value: $85,695
  • Market Land Value: $19,440
  • Market Improvement Value: $66,255

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,565
  • Assessed Land Value: $6,480
  • Assessed Improvements Value: $22,085

    Sales

  • Current Sale Contract Date: Nov 08, 2002
  • Current Sale Recording Date: Nov 08, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000013447
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 Capron

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$149

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1328 ft²

Average Home Age

19 years

Currently For Sale

2 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: Lynsey Faraher, Dickerson & Nieman Realtors - Rockford
Data Source: MRED, MLS# MRD12427155
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 255 South 2nd Street built and last sold?
The property at 255 South 2nd Street was built in 1950 and last sold on Nov 8, 2002 for $64,000.
How much is this home worth?
The estimated value of the home located at 255 South 2nd Street is $161,600.
What are some comparable homes to 255 South 2nd Street?
There are currently no comparable homes to 255 South 2nd Street.
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