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Rockford 61114 Northeast
3073 N Trainer Road
$220,000
● House - Off Market

3073 N Trainer Road

Rockford, IL 61114
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,702 Ft²
$237,696
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

MOVE-IN ready home! This home boasts 3 bedrooms, 2 baths, 2 car garage, and bonus rooms in the basement. The Master bedroom has a walk-in closet and full bath. Large windows throughout the home allow for plenty of natural light to enter. The spacious living room has vaulted ceilings and a gas fireplace. All new stainless steel appliances, new carpeting, new flooring throughout, new light fixtures and ceiling fans, a new sliding door to the backyard deck, and much more. The lower level offers two bonus rooms and a large family room. The new roof installed in May 2022! Broker owned. Property sold As-Is home warranty included.
Unit Size
1,702 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$135
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1997

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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.

Last updated: 3 years ago (MRED MLS #11411542)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
May 20, 2022 Listed by Door To Door Realty $229,900
Listed by Door To Door Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,692
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 474
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 3,868
  • Gross Building Area: 3,868
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYNDHAM ESTATES SUB
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: WYNDHAM ESTATES SUB BNG PT SW1/4 NE1/4SEC 10-44-2 LOT 3

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000510

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-10-254-003
  • Lot: 3
  • Meridian: SEC 10 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.3054
  • Longitude: -88.9853

    Address

  • Full Address: 3073 N Trainer Rd
  • Address - House Number: 3073
  • Street Direction: N
  • Address - Street Name: Trainer
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R029
  • 4-Digit Zip Code: 5817
  • Zip Code: 61114

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,258
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 240,130
  • High Value: 293,566
  • Low Value: 186,695

    Market Valuation

  • Market Total Value: $157,350
  • Market Land Value: $24,231
  • Market Improvement Value: $133,119

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,450
  • Assessed Land Value: $8,077
  • Assessed Improvements Value: $44,373

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24725
  • Previous Sale Recording Date: Jan 31, 2022
  • Previous Sale Contract Date: Jan 12, 2022
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 71
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 Northeast

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$134

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2574 ft²

Average Home Age

64.4 years

Currently For Sale

49 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 1127 Prestwick Parkway, Rockford, IL, 61107

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,133 ft²
1127 Prestwick Parkway, Rockford, IL, 61107 Listing by Kathy Farokhi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Steven Niemczyk, Door To Door Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11411542
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 3073 North Trainer Road built and last sold?
The property at 3073 North Trainer Road was built in 1997 and last sold on Aug 4, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 3073 North Trainer Road is $0.
What are some comparable homes to 3073 North Trainer Road?
There are currently no comparable homes to 3073 North Trainer Road.
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