$126,500
●
House -
Off Market
404 W North Street
Danvers, IL 61732
3 Beds
2 Baths,
1
Half Bath
1,780 Ft²
$135,206
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Are you searching for a home in Danvers with no backyard neighbors?
This home offers an oversized 2.5 car garage, a newly sealed
asphalt driveway, updated hard surface flooring with a lifetime
warranty, and new carpet in 2019. It has 3 Large bedrooms with one
on the main floor. The laundry is on the main floor. It will
surprise you with over 1700 sq ft of above ground finished living
space. It has a yard that is fenced in for your fur babies and is
only 8 miles from Rivian Automotive. If you work long hours and
don't have time to mess with yard work this home is perfect for you
because it won't take long to maintain! All this and for $125,000.
It definitely won't break the budget and it is adorable! It even
has a new HVAC system installed in 2020.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$70
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1957
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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 #11264961)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by HomeSmart Realty Group, IL | $125,000 | |
| Listed by HomeSmart Realty Group, IL | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Dec 5, 2019 | Listed | $85,900 | |
| Listed | |||
| | |||
|
Farmhouse-style, 1.5 story on the west edge of town, with no backyard neighbors but the corn & soybeans! Three bedroom home has very nice room sizes, especially the 2nd floor full bathroom. First floor bedroom, and first floor half bath. Spacious living room has new carpet 2019, and neutral fresh paint throughout first floor. New vinyl floors in kitchen & laundry. Hardwood floors in two upstairs bedrooms. More updates include newer garage door, newly installed gutters 2014, new sewer drain line 2012, windows 2011, attic insulation 2011. Home also has attached 2 car garage with extra 1/2 space, and a 10x10 foot shed in backyard. Lots of potential to make this sweet home in Danvers forever yours! The manager has listed the unit size as 1780 square feet.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Danvers
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Listed by: Tracy Lockenour, HomeSmart Realty Group, IL
Last Updated: 3 years ago
Data Source: MRED, MLS# 11264961
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# 11264961
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