3913 Pepper Drive
About This Property
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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.
Property Highlights
Building Info
Overview
- Year Built: 2002
- Effective Year Built: 2002
- Building Count: 1
- Total Rooms: 6
- Bedroom Count: 3
- Bathroom Count: 4
- Full Bathrooms: 3
- Partial Bathrooms: 4
- Bathroom Plumbing Fixtures: 13
- Building Condition: 3
- Building Quality: 4
- Construction Type: 0
- Building Style: 5
- Exterior Walls Type: 19
- Interior Walls Type: 3
- Roof Shape Type: 0
- Roof Cover Type: 15
- Floor Count: 200
- Living Units: 1
- Floor Cover: 9
- Basement Type: 6
- Basement Area: 792
- Parking Type: 1
- Garage Type: 1
- Garage Square Area: 440
- Parking Space Count: 1
- Patio Type: 69
- Porch Type: 36
- Pool Type: 0
General
- Lot Size Square Feet: 13,939
- Lot Size Depth Feet: 1,610
- Lot Size Frontage Feet: 900
- Total Building Area: 2,830
- Gross Building Area: 2,830
- Building Area: 1,898
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 1
- Heating: 24
- Heated Square Feet: 1,898
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 5
- Water Service: 6
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: FOREST HILLS VIEW SUB NO 12
- Land Acres: 0000000320
- Standard Land Use Code: 1001
- County Land Use Code: 31
- Legal Description 1: FOREST HILLS VIEW SUB NO 12 PT NE1/4 SEC 7-44-2 LOT 33
Neighborhood
- School District Name: Rockford School District 205
- Census Tract: 000403
Zoning
- Zoning: R1
Geography
- Parcel: 12-07-231-001
- Lot: 33
- Meridian: SEC 7 TWN 44 RANGE 2
- Municipality: ROCKFORD
- Latitude: 42.3076
- Longitude: -89.0403
- Full Address: 3913 Pepper Dr
- Address - House Number: 3913
- Address - Street Name: Pepper
- Address - Suffix Type: Dr
- State: IL
- City Name: Rockford
- Carrier Code: C013
- 4-Digit Zip Code: 7281
- Zip Code: 61114
Address
Valuation
- Tax Year: 2022
- Tax Amount: $0
- Tax Rate Code Area: 001
Tax
- Standard Deviation: 0.1197
- Valuation Date: Jan 10, 2024
- Confidence Score: 87
- Final Value: 226,864
- High Value: 254,029
- Low Value: 199,699
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
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Open Liens
- Market Total Value: $173,754
- Market Land Value: $21,672
- Market Improvement Value: $152,082
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $57,918
- Assessed Land Value: $7,224
- Assessed Improvements Value: $50,694
Assessments Valuation
- Current Sale Contract Date: Oct 13, 2023
- Current Sale Recording Date: Oct 18, 2023
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 24704
- Previous Sale Recording Date: Mar 22, 2016
- Previous Sale Contract Date: Mar 18, 2016
- Previous Sale Amount: $144,000
- Previous Sale Document Type: 36
Sales
- First Mortgage Lender:
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Last Sale Mortgage
3913 Pepper Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
About Northeast
Stats & Trends
Median Asking:
$239,000Sale Price/ft²
$133Below Asking
0.01%Average Days on Market
41Average Home Size
2529 ft²Average Home Age
64.5 yearsCurrently For Sale
51 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12677706
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017