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Dwight 60420
407 W James Street
$210,000
● House - Off Market

407 W James Street

Dwight, IL 60420
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,266 Ft²
$1,458
Est. Monthly
14.50%
Cap Rate

About This Property

Remodeled 4 bedroom 3 bath home with basement , covered porch ,  large fenced yard and 2 car detached garage . Recent updated include new kitchen with all new cabinets and granite countertops and stainless steel appliances . Remodeled baths , interior paint , new carpet and LVP flooring. New roof , new siding and painted siding , most windows and gutters have been replaced . New Fence , garage doors and openers , AC and Furnace and hot water heat and water heater . Electric service has been updated . New ceiling fans and most light fixtures have been updated . This is a Fannie Mae HomePath Property!
Unit Size
2,266 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$95
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1973

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,459
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 728
  • Total Building Area: 1,320
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWELL'S 2ND ADD
  • Land Acres: 0000000309
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 05 09 151 018 LOT 72.75 X 185 COM 175' W OF NE COR BLK 6 POB W72.75' S185' E72.75' N185' NEWELLS 2ND ADD

Neighborhood

  • School District Name: Dwight Township High School District 230
  • Census Tract: 960100

Geography

  • District: 05
  • Parcel: 05-05-09-151-018
  • Block: 6
  • Lot: 72
  • Municipality: DWIGHT
  • Latitude: 41.0901
  • Longitude: -88.4381

    Address

  • Full Address: 407 W South St
  • Address - House Number: 407
  • Street Direction: W
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dwight
  • Carrier Code: C002
  • 4-Digit Zip Code: 1242
  • Zip Code: 60420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,822
  • Tax Rate Code Area: 05002

    Appraisal Valuation

  • Standard Deviation: 0.1201
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 119,170
  • High Value: 133,488
  • Low Value: 104,851

    Market Valuation

  • Market Total Value: $109,797
  • Market Land Value: $27,012
  • Market Improvement Value: $82,785

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,599
  • Assessed Land Value: $9,004
  • Assessed Improvements Value: $27,595

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2009
  • Current Sale Recording Date: Nov 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 598500
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 Dwight

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$139

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1066 ft²

Average Home Age

89.6 years

Currently For Sale

8 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: Alan Birlingmair, BHHS Central Illinois, REALTORS
Data Source: MRED, MLS# MRD12221036
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 407 West James Street built and last sold?
The property at 407 West James Street was built in 1973 and last sold on Nov 13, 2009 for $61,000.
How much is this home worth?
The estimated value of the home located at 407 West James Street is $0.
What are some comparable homes to 407 West James Street?
There are currently no comparable homes to 407 West James Street.
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