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Polo 61064
308 N Division Avenue
$158,250
● House - Off Market

308 N Division Avenue

Polo, IL 61064
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$163,976
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Beautiful home with original woodwork throughout.  Hardwood floors. Four big bedrooms upstairs along with a walk up attic. Half bath in main floor.  New roof (2022), new windows (2023) and new boiler system(2023)! Fresh paint inside and out. Inviting front porch and garden shed. Very clean basement with laundry and shower. All appliances remain.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$72
Property Type
House
Property Taxes
$34
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 #11838958)

Price History

Date / Event Date Event Price
Aug 22, 2023 Sold
Premium
Sold
Jul 21, 2023 Listed by RE/MAX Sauk Valley $164,900
Listed by RE/MAX Sauk Valley
Oct 6, 2021 No longer available -
No longer available
Dec 1, 2020 In contract -
In contract
Nov 11, 2020 Price Decreased $55,000
↓ $4K (6.8%)
Price Decreased
Show More

Property Highlights

Garage

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: 9,641
  • 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
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: N 25 OF LOT 8 & LOT 9 EX N 5 BLK 23 CITY OF POLO

Neighborhood

  • School District Name: Polo Community Unit School District 222
  • Census Tract: 961500

Geography

  • District: 2
  • Parcel: 14-09-460-002
  • Block: 23
  • Lot: 8-9
  • Municipality: BUFFALO
  • Latitude: 41.989
  • Longitude: -89.5785

    Address

  • Full Address: 308 N Division Ave
  • Address - House Number: 308
  • Street Direction: N
  • Address - Street Name: Division
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Polo
  • Carrier Code: C001
  • 4-Digit Zip Code: 1327
  • Zip Code: 61064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,332
  • Tax Rate Code Area: 240

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 67
  • Final Value: 100,557
  • High Value: 123,779
  • Low Value: 77,335

    Market Valuation

  • Market Total Value: $52,503
  • Market Land Value: $14,766
  • Market Improvement Value: $37,737

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,501
  • Assessed Land Value: $4,922
  • Assessed Improvements Value: $12,579

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202303748
  • Previous Sale Recording Date: Dec 22, 2020
  • Previous Sale Contract Date: Dec 21, 2020
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 33

    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 Polo

Stats & Trends

Median Asking:

$119,900

Sale Price/ft²

$91

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1671 ft²

Average Home Age

72 years

Currently For Sale

5 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: Tracey DeCrane, RE/MAX Sauk Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11838958
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 308 North Division Avenue built and last sold?
The property at 308 North Division Avenue was built in and last sold on Aug 18, 2023 for $158,500.
How much is this home worth?
The estimated value of the home located at 308 North Division Avenue is $169,715.
What are some comparable homes to 308 North Division Avenue?
There are currently no comparable homes to 308 North Division Avenue.
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