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Volo 60073
317 Bedford Lane
$270,000
● House - Off Market

317 Bedford Lane

VOLO, IL 60073
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,773 Ft²
$472,000
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Popular Barclay model in Lancaster Falls. Full, unfinished, English basement. 3 car garage, large master suite with walk-in closet & deep soaker tub. 1st floor office. Ceiling fans in each bedroom. Large after-market deck. Wide open floor plan, perfect for entertaining. Hardwood floors on Main Level. Wood burning fireplace with gas starter in Family Room. Canned lighting on first floor. Ample storage throughout. Fully fenced-in back yard. Large corner lot. Short walk to the community park. Short bike ride to the Millennium Trail.
Unit Size
2,773 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$101
Property Type
House
Property Taxes
$954
HOA Dues
$40
Year Built
2012

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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 #09300862)

Price History

Date / Event Date Event Price
Oct 3, 2016 Sold
Premium
Sold
Jul 29, 2016 Listed by RE/MAX of Barrington $279,900
Listed by RE/MAX of Barrington

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,449
  • Garage Type: 1
  • Garage Square Area: 549
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,646
  • Total Building Area: 4,768
  • Gross Building Area: 4,768
  • Building Area: 2,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,770
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCASTER FALLS NORTH PARCEL SUB
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LANCASTER FALLS NORTH PARCEL SUB;LOT 79

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864207

Geography

  • Assessors Map Reference: 2530-E6
  • District: WAUCONDA
  • Parcel: 09-01-103-012
  • Lot: 79
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.3258
  • Longitude: -88.1384

    Address

  • Full Address: 317 Bedford Ln
  • Address - House Number: 317
  • Address - Street Name: Bedford
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Volo
  • Carrier Code: R013
  • 4-Digit Zip Code: 8181
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,200,168
  • Tax Rate Code Area: 13033

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 419,873
  • High Value: 492,778
  • Low Value: 346,967

    Market Valuation

  • Market Total Value: $357,027
  • Market Land Value: $68,215
  • Market Improvement Value: $288,812

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,997
  • Assessed Land Value: $22,736
  • Assessed Improvements Value: $96,261

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2016
  • Current Sale Recording Date: Oct 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7335259
  • Previous Sale Recording Date: Apr 17, 2013
  • Previous Sale Contract Date: Mar 26, 2013
  • Previous Sale Amount: $264,535
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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 Volo

Stats & Trends

Median Asking:

$355,495

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2125 ft²

Average Home Age

8.8 years

Currently For Sale

16 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 643 Seneca Street, Volo, IL, 60073

$3,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,176 ft²
643 Seneca Street, Volo, IL, 60073 Listing by Jelena Grimaldi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tyrone Barton, RE/MAX of Barrington
Last Updated: 3 years ago
Data Source: MRED, MLS# 09300862
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 317 Bedford Lane built and last sold?
The property at 317 Bedford Lane was built in 2012 and last sold on Sep 30, 2016 for $270,000.
How much is this home worth?
The estimated value of the home located at 317 Bedford Lane is $0.
What are some comparable homes to 317 Bedford Lane?
There are currently no comparable homes to 317 Bedford Lane.
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