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Newark 60541
304 N Johnson Street
$189,900
● House - Off Market

304 N Johnson Street

Newark, IL 60541
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$217,327
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Adorable, Affordable, Move IN Ready! This Spacious 3 bed 1  bath Ranch will not disappoint. Large living room hardwood flooring, galley Kitchen dining combo, ceramic tile!  All 3 bedrooms hardwood! Lots of closet space, including extra closet in the garage. Newer Deck 16x20 Concrete patio, 10x10. Garden Stays! The sunset is to die for! Enjoy that beautiful view nightly, (as long as the sun is out.)  Full attic for extra storage, home is on a crawl! Concrete basketball court in the yard for your "out side" gamin needs! Every one needs to play outside! This is country living at its finest! Close to downtown Newark!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$180
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
-

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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 #11190152)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Aug 13, 2021 Listed by Kettley & Co. Inc. - Yorkville $194,900
Listed by Kettley & Co. Inc. - Yorkville

Property Highlights

Garage
Air Conditioning

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
  • Living Units: 1
  • 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: 11,761
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • 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
  • Subdivision: COY PARK SUB
  • Land Acres: 0000000270
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 3 COY PARK SUB VILLAGE OF NEWARK

Neighborhood

  • School District Name: Newark Community High School District 18
  • Census Tract: 890703

Geography

  • Parcel: 07-06-227-004
  • Lot: 3
  • Municipality: BIG GROVE TOWNSHIP
  • Latitude: 41.5431
  • Longitude: -88.585

    Address

  • Full Address: 304 N Johnson St
  • Address - House Number: 304
  • Street Direction: N
  • Address - Street Name: Johnson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Newark
  • Carrier Code: R001
  • 4-Digit Zip Code: 9512
  • Zip Code: 60541

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $476,724
  • Tax Rate Code Area: BG004

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 256,669
  • High Value: 298,513
  • Low Value: 214,825

    Market Valuation

  • Market Total Value: $202,149
  • Market Land Value: $47,904
  • Market Improvement Value: $154,245

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,383
  • Assessed Land Value: $15,968
  • Assessed Improvements Value: $51,415

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100031928
  • Previous Sale Recording Date: Dec 22, 2008
  • Previous Sale Contract Date: Sep 18, 2008
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Newark

Stats & Trends

Median Asking:

$242,000

Sale Price/ft²

$194

Above Asking

0.00%

Average Days on Market

36

Average Home Size

1345 ft²

Average Home Age

93.8 years

Currently For Sale

1 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: Patti O'Malley, Kettley & Co. Inc. - Yorkville
Last Updated: 3 years ago
Data Source: MRED, MLS# 11190152
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 304 North Johnson Street built and last sold?
The property at 304 North Johnson Street was built in and last sold on Nov 30, 2021 for $190,000.
How much is this home worth?
The estimated value of the home located at 304 North Johnson Street is $0.
What are some comparable homes to 304 North Johnson Street?
There are currently no comparable homes to 304 North Johnson Street.
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