$215,000
●
House -
Off Market
3430 N Trainer Road
Rockford, IL 61114
4 Beds
3 Baths,
1
Half Bath
1,711 Ft²
$228,091
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
A Tri-level home in Quail Run Neighborhood in northeast Rockford
with 4 bedrooms, 2.5 bath, 2-car attached garage. Wood fireplace in
family room. Railing room divider between kitchen and the sunken
family room provides a visually pleasing extended view. New kitchen
cabinets (2022). Freshly painted living room, dining room, and
kitchen, plus many updates in recent years. Finished basement with
Radon Mitigation system. Move-in ready. HOA fee covers subdivision
signage, creek maintenance, annual picnic and garage sale.
Unit Size
1,711 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$126
Property Type
House
Property Taxes
$469
HOA Dues
$8
Year Built
1989
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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 #11678009)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2022 | Listed by Key Realty | $215,000 | |
| Listed by Key Realty | |||
| Nov 23, 2021 | No longer available | - | |
| No longer available | |||
| Oct 9, 2021 | In contract | - | |
| In contract | |||
| Oct 5, 2021 | Listed by Gambino Realtors | $184,900 | |
| Listed by Gambino Realtors | |||
| | |||
|
Updates everywhere! Clean. No back yard neighbors. Additional 11x25 partially finished basement space offers a variety of options. 2021 updates: 3 bedrooms and stairway carpet/owner's bath total re-do. 2020 updates: siding/gutters/overhead garage door/entry door. Recent vinyl windows. Roof/GFA/CA/whole house humidifier have been replaced. Owner's bath is HGTV worthy with tiled shower, dual shower heads, vanity and tiled floor. Wood burning fireplace in family room. Deck off kitchen overlooks 5+ acres of green space. NE location convenient to Rock Valley College, Perryville Rd, I-90, shopping and restaurants. Move-in condition. Yearly HOA fee of $100 covers subdivision signage, creek maintenance, annual picnic and garage sale. The manager has listed the unit size as 1711 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Harris Pham, Key Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11678009
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11678009
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