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Boone 61008
2693 Orth Road
$273,000
● House - Off Market

2693 Orth Road

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,394 Ft²
$1,932
Est. Monthly
8.48%
Cap Rate

About This Property

This spacious 3-bedroom, 2-bathroom ranch home, nestled in the desirable Boone County, offers a perfect blend of comfort and functionality. The home offers an open concept with updated kitchen and flooring. The home also boasts a partially finished full basement, providing additional living space with a large recreation room ideal for family gatherings or entertainment. Plus, the basement includes a versatile area that could easily serve as a fourth bedroom, offering flexibility to suit your needs.  Step outside and enjoy the large 1.04 acre lot with a two-tier deck at the rear of the house, perfect for relaxing or hosting gatherings. The fully fenced backyard ensures privacy and a safe environment for children or pets to play. Heated 3 car garage for your cars and storage! Come and see this property!
Unit Size
1,394 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$197
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1992

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,394
  • Garage Type: 7
  • Garage Square Area: 804
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 2,164
  • Building Area: 2,164
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAITS SUB
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 4-44-3 LOT 3 WAITS SUB 2693 ORTH RD

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010502

Zoning

  • Zoning: R1

Geography

  • Account Number: 05-05-04-201-014
  • District: 050
  • Parcel: 05-04-201-014
  • Lot: 3
  • Municipality: BELVIDERE
  • Latitude: 42.3269
  • Longitude: -88.8863

    Address

  • Full Address: 2693 Orth Rd
  • Address - House Number: 2693
  • Address - Street Name: Orth
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R001
  • 4-Digit Zip Code: 9634
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $645,890

    Appraisal Valuation

  • Standard Deviation: 0.134
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 217,900
  • High Value: 247,113
  • Low Value: 188,687

    Market Valuation

  • Market Total Value: $228,072
  • Market Land Value: $41,676
  • Market Improvement Value: $186,396

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,024
  • Assessed Land Value: $13,892
  • Assessed Improvements Value: $62,132

    Sales

  • Current Sale Contract Date: Sep 26, 1997
  • Current Sale Recording Date: Sep 26, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000006709
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 Boone

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$156

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2408 ft²

Average Home Age

40.3 years

Currently For Sale

64 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: Melissa Sedevie, American Realty Illinois LLC
Data Source: MRED, MLS# MRD12315804
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 2693 Orth Road built and last sold?
The property at 2693 Orth Road was built in 1992 and last sold on Sep 26, 1997 for $160,000.
How much is this home worth?
The estimated value of the home located at 2693 Orth Road is $275,822.
What are some comparable homes to 2693 Orth Road?
There are currently no comparable homes to 2693 Orth Road.
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