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Rock Falls 61071
Undisclosed Address
$98,000
● House - Off Market

Undisclosed Address

Rock Falls, IL 61071
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,900 Ft²
$104,533
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Nestled in the back of an established Rock Falls neighborhood, sits this 3 bed, 3 bath raised ranch. Well maintained home in a private setting but still close to town. You can watch the wildlife from the oversized bay window in the 1st floor living room. The 1st Floor Master has a jetted tub for relaxing. On the upper floor, you will find the large kitchen, main living area and 2 more spacious bedrooms - the second of which has another en suite bath! Come out today and see this slice of Rock Falls Heaven!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$53
Property Type
House
Property Taxes
$149
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 #11487496)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Aug 9, 2022 Listed by Re/Max of Rock Valley $99,900
Listed by Re/Max of Rock Valley

Property Highlights

Fireplace

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
  • 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: 5,600
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • 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: WOODWORTHS SUBDIVISION
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RESUB LOT 1 BLK B WOODWORTHS SUB LOT 27 & W 10 FT OF LOT 28 BLK B 210000X & PT VACATED ALLEY

Neighborhood

  • School District Name: Rock Falls Elementary School District 13
  • Census Tract: 001500

Geography

  • Account Number: 113466
  • District: 11
  • Parcel: 1127152006
  • Block: B
  • Lot: 1,28
  • Municipality: COLOMA
  • Latitude: 41.7834
  • Longitude: -89.6867

    Address

  • Full Address: 306 Ada St
  • Address - House Number: 306
  • Address - Street Name: Ada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rock Falls
  • Carrier Code: C002
  • 4-Digit Zip Code: 1318
  • Zip Code: 61071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $175,930
  • Tax Rate Code Area: 01110

    Appraisal Valuation

  • Standard Deviation: 0.1245
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 86,564
  • High Value: 97,346
  • Low Value: 75,781

    Market Valuation

  • Market Total Value: $91,419
  • Market Land Value: $8,649
  • Market Improvement Value: $82,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,473
  • Assessed Land Value: $2,883
  • Assessed Improvements Value: $27,590

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6783
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 Rock Falls

Stats & Trends

Median Asking:

$123,900

Sale Price/ft²

$98

Below Asking

0.03%

Average Days on Market

44

Average Home Size

1215 ft²

Average Home Age

66.4 years

Currently For Sale

20 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: Erin Spence Paff, Re/Max of Rock Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11487496
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 306 Ada Street built and last sold?
The property at 306 Ada Street was built in and last sold on Oct 31, 2022 for $98,000.
How much is this home worth?
The estimated value of the home located at 306 Ada Street is $106,287.
What are some comparable homes to 306 Ada Street?
There are currently no comparable homes to 306 Ada Street.
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