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Dayton 61350
3050 E 1929th Road
$273,000
● House - Off Market

3050 E 1929th Road

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,718 Ft²
$1,712
Est. Monthly
9.63%
Cap Rate

About This Property

Come see this slice of heaven! Beautiful rural property.  Generac wholehouse generator. 12 x 18 shed, additional 2 car garage  22 x 24 behind home. Familyroom with fireplace, pella windows in addition . 1 acre lot.  large trex deck with gazebo. Gutter covers, Private road. water softener system owned. 2 fireplaces. Private Road, yearly cost approx $200.00 per home owner. Dryer does not stay
Unit Size
1,718 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$157
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1958

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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: 2 years ago (MRED MLS #12005963)

Price History

Date / Event Date Event Price
May 7, 2024 Sold
Premium
Sold
Mar 20, 2024 Listed by Bullock Real Estate Group, LLC $269,000
Listed by Bullock Real Estate Group, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 43,560
  • Total Building Area: 1,776
  • Gross Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: T

    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: 0000001000
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S208' N416' W208' S10.5A W OF RR N RAVINE E1/2 NW1/4

Neighborhood

  • School District Name: Wallace Community Consolidated School District 195
  • Census Tract: 962200

Geography

  • District: DA
  • Parcel: 14-32-115-000
  • Municipality: DAYTON TOWNSHIP
  • Latitude: 41.3796
  • Longitude: -88.7984

    Address

  • Full Address: 3050 E 1929th Rd
  • Address - House Number: 3050
  • Street Direction: E
  • Address - Street Name: 1929th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R003
  • 4-Digit Zip Code: 9301
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $468,700
  • Tax Rate Code Area: DA004

    Appraisal Valuation

  • Standard Deviation: 0.2404
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 280,622
  • High Value: 348,085
  • Low Value: 213,160

    Market Valuation

  • Market Total Value: $211,911
  • Market Land Value: $28,371
  • Market Improvement Value: $183,540

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,637
  • Assessed Land Value: $9,457
  • Assessed Improvements Value: $61,180
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 Dayton

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1611 ft²

Average Home Age

58.5 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Sue Bullock, Bullock Real Estate Group, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12005963
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 3050 East 1929th Road built and last sold?
The property at 3050 East 1929th Road was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3050 East 1929th Road is $0.
What are some comparable homes to 3050 East 1929th Road?
There are currently no comparable homes to 3050 East 1929th Road.
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