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Boone 61008
3742 Genoa Road
$415,000
● House - Off Market

3742 Genoa Road

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,373 Ft²
$418,438
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Farmette positioned on aprox 5 acres ~ 2 mi south of I90 ~ Spacious farmette with 3 bedrooms and 6 outbuildings! ~ This charming property boasts ample space for all your needs ~The home features a cozy living room with plenty of natural light ~a welcoming eat-in kitchen ~ Explore the expansive grounds with its numerous outbuildings, perfect for a variety of uses ~ Don't miss out on the opportunity to make this peaceful country retreat your own!
Unit Size
2,373 Ft²
Days on Market
-
Land Size
4.98 acres
Price per sqft
$177
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1940

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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 #11756455)

Price History

Date / Event Date Event Price
Oct 11, 2023 Sold
Premium
Sold
Jul 26, 2023 Listed by CENTURY 21 New Heritage $420,000
Listed by CENTURY 21 New Heritage

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2013
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 7
  • Garage Square Area: 840
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 216,929
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,373
  • Building Area: 2,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,373
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT A
  • Land Acres: 0000004980
  • Standard Land Use Code: 1001
  • County Land Use Code: 0011
  • Legal Description 1: 18-43-4 S 1/2 NE LYG W OF GENOA RD (EX PT LYG IN FOLL DESC TR BEG 855.67' W E COR S1/2 NE W1791.68' S1315.15' E 2635.2' N 355

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010400

Zoning

  • Zoning: 1

Geography

  • Account Number: 08-08-18-200-010
  • District: 080
  • Parcel: 08-18-200-010
  • Municipality: SPRING
  • Latitude: 42.2075
  • Longitude: -88.8043

    Address

  • Full Address: 3742 Genoa Rd
  • Address - House Number: 3742
  • Address - Street Name: Genoa
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R007
  • 4-Digit Zip Code: 7306
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,148

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 84
  • Final Value: 409,344
  • High Value: 463,695
  • Low Value: 354,992

    Market Valuation

  • Market Total Value: $312,615
  • Market Land Value: $34,056
  • Market Improvement Value: $278,559

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,205
  • Assessed Land Value: $11,352
  • Assessed Improvements Value: $92,853

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2006
  • Current Sale Recording Date: Jun 02, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000005948
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 Boone

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2338 ft²

Average Home Age

38.7 years

Currently For Sale

65 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

Rentals Near You

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MRED

Listed by: Karl Gallagher, CENTURY 21 New Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 11756455
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 3742 Genoa Road built and last sold?
The property at 3742 Genoa Road was built in 1940 and last sold on Jun 2, 2006 for $405,000.
How much is this home worth?
The estimated value of the home located at 3742 Genoa Road is $0.
What are some comparable homes to 3742 Genoa Road?
There are currently no comparable homes to 3742 Genoa Road.
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