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Rockford 61109
3839 Biltmore Chase
$235,000
● House - Off Market

3839 Biltmore Chase

Rockford, IL 61109
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,500 Ft²
$1,599
Est. Monthly
9.99%
Cap Rate

About This Property

SBR!!! Beautifully maintained 3 bed, 2 1/2 bath home with enough space for all! Equipped with an attached 3 car garage with plenty of parking space on the blacktop drive way. Enjoy some entertaining and storage space with a full basement.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
2005

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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 #11996138)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold
Premium
Sold
Mar 6, 2024 Listed by Smart Home Realty $235,000
Listed by Smart Home Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 672
  • Garage Type: 7
  • Garage Square Area: 640
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,844
  • Gross Building Area: 2,844
  • Building Area: 2,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINDEN POINTE 03
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: LINDEN POINTE NO 3 PT S 1/2 SEC 7-43-2LOT 180

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003706

Zoning

  • Zoning: R1

Geography

  • Parcel: 16-07-277-022
  • Lot: 180
  • Meridian: SEC 7 TWN 43 RANGE 2
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2183
  • Longitude: -89.0422

    Address

  • Full Address: 3839 Biltmore Chase
  • Address - House Number: 3839
  • Address - Street Name: Biltmore Chase
  • State: IL
  • City Name: Rockford
  • Carrier Code: C017
  • 4-Digit Zip Code: 2168
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $533,108
  • Tax Rate Code Area: 127

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 219,744
  • High Value: 265,485
  • Low Value: 174,004

    Market Valuation

  • Market Total Value: $156,339
  • Market Land Value: $20,937
  • Market Improvement Value: $135,402

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,113
  • Assessed Land Value: $6,979
  • Assessed Improvements Value: $45,134

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2006
  • Current Sale Recording Date: Oct 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 606107
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 Rockford

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$124

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1903 ft²

Average Home Age

70.7 years

Currently For Sale

147 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: Jeanette Solis, Smart Home Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11996138
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 3839 Biltmore Chse built and last sold?
The property at 3839 Biltmore Chse was built in 2005 and last sold on Oct 28, 2006 for $25,900.
How much is this home worth?
The estimated value of the home located at 3839 Biltmore Chse is $235,364.
What are some comparable homes to 3839 Biltmore Chse?
There are currently no comparable homes to 3839 Biltmore Chse.
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