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North Aurora 60542
328 Farview Drive
$256,000
● House - Off Market

328 Farview Drive

North Aurora, IL 60542
bedrooms
3 Beds
bathrooms
1 Bath
square feet
988 Ft²
$1,624
Est. Monthly
11.30%
Cap Rate

About This Property

Welcome to your new home in North Aurora! This charming residence offers a perfect blend of comfort and style featuring 3 bedrooms 1 bathroom, spacious living room and partially finished basement.  This property is a must see!
Unit Size
988 Ft²
Days on Market
-
Land Size
-
Price per sqft
$253
Property Type
House
Property Taxes
$397
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: 3 years ago (MRED MLS #11950986)

Price History

Date / Event Date Event Price
Feb 5, 2024 Sold
Premium
Sold
Dec 21, 2023 Listed by Home Zone Realty Inc $249,900
Listed by Home Zone Realty Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 988
  • Garage Type: 1
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,291
  • Lot Size Depth Feet: 1,239
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: N AURORA -
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SLAKERS 3RD ADDN : LOT 74 LOT DIMENSIONS: 75 X 123.88 APPROX LOT SQ FT 9291 SUBDIVISION: N AURORA - SW SIDE RANGE CODE: 001

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853004

Geography

  • Parcel: 15-04-177-002
  • Lot: 74
  • Municipality: AURORA
  • Latitude: 41.806
  • Longitude: -88.3347

    Address

  • Full Address: 328 Farview Dr
  • Address - House Number: 328
  • Address - Street Name: Farview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: North Aurora
  • Carrier Code: C003
  • 4-Digit Zip Code: 1548
  • Zip Code: 60542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $475,970
  • Tax Rate Code Area: AU016

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 249,106
  • High Value: 289,033
  • Low Value: 209,178

    Market Valuation

  • Market Total Value: $188,496
  • Market Land Value: $33,328
  • Market Improvement Value: $155,168

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,807
  • Assessed Land Value: $11,105
  • Assessed Improvements Value: $51,702

    Sales

  • Current Sale Contract Date: Jan 24, 2024
  • Current Sale Recording Date: Feb 06, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4011
  • Previous Sale Recording Date: Nov 20, 2006
  • Previous Sale Contract Date: Oct 27, 2006
  • Previous Sale Amount: $219,000
  • 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 North Aurora

Stats & Trends

Median Asking:

$429,995

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2219 ft²

Average Home Age

21.6 years

Currently For Sale

36 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 355 Hilltop Drive, North Aurora, IL, 60542

$2,850 /mo

  • 4 Beds
  • 2 Baths
  • 1,814 ft²
355 Hilltop Drive, North Aurora, IL, 60542 Listing by Tyler Dameron

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Victor Caputo III, Home Zone Realty Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11950986
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 328 Farview Drive built and last sold?
The property at 328 Farview Drive was built in 1958 and last sold on Jan 24, 2024 for $256,000.
How much is this home worth?
The estimated value of the home located at 328 Farview Drive is $0.
What are some comparable homes to 328 Farview Drive?
There are currently no comparable homes to 328 Farview Drive.
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