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Belvidere 61008
401 Garden Drive
$87,500
● House - Off Market

401 Garden Drive

BELVIDERE, IL 61008
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$142,897
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Ranch house with eat in kitchen and fenced back yard. Attached 1.5 car garage. Roof replaced 2015. Eat in kitchen with pantry closet and island cabinet with eating bar. Some doors and windows replaced within the past few years. Wood laminate floors and recessed lighting in most rooms on main floor. Bathroom updated within the past 10 years. Finished basement with built in bar (dry) and bonus room. Laundry in basement on utility side. Patio with pergolla outside back door from kitchen. Fenced back yard. Home to be sold As Is. HSA Home Warranty included!
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$86
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1960

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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 #09759778)

Price History

Date / Event Date Event Price
Oct 31, 2017 Sold
Premium
Sold
Sep 22, 2017 Listed by Keller Williams Realty Signature $89,900
Listed by Keller Williams Realty Signature

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1975
  • 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: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,050
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,450
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TILTON GARDENS SUB
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 26-44-3 LT 13 BLK 2 TILTON GARDENS SUB 401 GARDEN DR

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010101

Geography

  • Account Number: 05-05-26-105-033
  • District: 050
  • Parcel: 05-26-105-033
  • Block: 2
  • Lot: 13
  • Municipality: BELVIDERE
  • Latitude: 42.266
  • Longitude: -88.8572

    Address

  • Full Address: 401 Garden Dr
  • Address - House Number: 401
  • Address - Street Name: Garden
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C012
  • 4-Digit Zip Code: 2411
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $294,332

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 71
  • Final Value: 148,480
  • High Value: 179,811
  • Low Value: 117,150

    Market Valuation

  • Market Total Value: $109,173
  • Market Land Value: $17,241
  • Market Improvement Value: $91,932

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,391
  • Assessed Land Value: $5,747
  • Assessed Improvements Value: $30,644

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2017
  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Previous Sale Recording Date: Aug 23, 2007
  • Previous Sale Contract Date: Aug 23, 2007
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Belvidere

Stats & Trends

Median Asking:

$229,950

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1521 ft²

Average Home Age

64.8 years

Currently For Sale

18 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

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MRED

Listed by: , Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 09759778
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 401 Garden Drive built and last sold?
The property at 401 Garden Drive was built in 1960 and last sold on Oct 31, 2017 for $87,500.
How much is this home worth?
The estimated value of the home located at 401 Garden Drive is $0.
What are some comparable homes to 401 Garden Drive?
There are currently no comparable homes to 401 Garden Drive.
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