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Rockford 61109 Southeast
2891 Langstone Drive
$203,000
● House - Off Market

2891 Langstone Drive

Rockford, IL 61109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$198,752
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Spacious and inviting 4-bedroom, 2-bath tri-level home with a large fenced-in backyard and a covered deck for outdoor enjoyment. This well-maintained property also features a convenient 2-car garage, offering ample space for your vehicles and storage needs. Step inside to discover the timeless charm of bamboo flooring in the living room, creating a warm and welcoming atmosphere. The upstairs area is adorned with bamboo flooring beneath the carpet, waiting to be unveiled. Situated in a prime location, this home is perfectly positioned near I-90 for easy commuting and is surrounded by a plethora of shopping and dining options. Don't miss out on the opportunity to make this delightful property your own!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1999

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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 #11874510)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Aug 31, 2023 Listed by Keller Williams Realty Signature $200,000
Listed by Keller Williams Realty Signature

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 432
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,416
  • Total Building Area: 3,168
  • Gross Building Area: 3,168
  • Building Area: 2,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRISON PARK NO 1
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: HARRISON PARK NO 1 PT FRL SEC 4-43-2 LOT 59

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003710

Zoning

  • Zoning: R1

Geography

  • Parcel: 16-04-252-009
  • Lot: 59
  • Meridian: SEC 4 TWN 43 RANGE 2
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2342
  • Longitude: -89.0048

    Address

  • Full Address: 2891 Langstone Dr
  • Address - House Number: 2891
  • Address - Street Name: Langstone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: C020
  • 4-Digit Zip Code: 1773
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 127

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 200,560
  • High Value: 250,081
  • Low Value: 151,040

    Market Valuation

  • Market Total Value: $136,236
  • Market Land Value: $21,099
  • Market Improvement Value: $115,137

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,412
  • Assessed Land Value: $7,033
  • Assessed Improvements Value: $38,379

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23036
  • Previous Sale Recording Date: Sep 19, 2013
  • Previous Sale Contract Date: Sep 19, 2013
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: 27
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 Southeast

Stats & Trends

Median Asking:

$180,000

Sale Price/ft²

$127

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1268 ft²

Average Home Age

77.7 years

Currently For Sale

45 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

Unit for rent at 5213 Village Court, Rockford, IL, 61108

$1,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
5213 Village Court #2, Rockford, IL, 61108 Listing by Zil Huma

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Angela Ketelsen, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11874510
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 2891 Langstone Drive built and last sold?
The property at 2891 Langstone Drive was built in 1999 and last sold on Sep 28, 2023 for $203,000.
How much is this home worth?
The estimated value of the home located at 2891 Langstone Drive is $0.
What are some comparable homes to 2891 Langstone Drive?
There are currently no comparable homes to 2891 Langstone Drive.
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