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Danvers 61732
407 W North Street
$185,000
● House - Off Market

407 W North Street

Danvers, IL 61732
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,448 Ft²
$206,606
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

UPDATES GALORE in this move in ready tri-level just 8 miles from Rivian! You'll enjoy the country feel of this home that sits on the edge of town. Updates include: Furnace 2020, AC 2016, Upper roof 2020/lower roof 2017, deck/deck roof/deck soffits and gutters 2020, new lighting throughout home 2016, new kitchen countertops 2017, water heater 2018, water softener 2016, newer flooring and windows throughout, new bathroom vanities, and so much more! Master en suite and closet organizers in all 3 bedrooms. You don't want to miss this!
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$74
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
-

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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 #11155179)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Jul 14, 2021 Listed by Keller Williams Revolution $182,000
Listed by Keller Williams Revolution

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,374
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSONS SUB
  • Land Acres: 0000000330
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SEC 3-21-1W COM SW COR LOT 3 JOHNSONS SUB 9TH ADD, W100, N75 TO POB: N166.6, NW102.8, S191.7, E100 TO POB (EX S33)

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 005202

Geography

  • District: 11
  • Parcel: 12-23-128-018
  • Lot: 3
  • Municipality: DANVERS
  • Latitude: 40.5299
  • Longitude: -89.1829

    Address

  • Full Address: 407 W North St
  • Address - House Number: 407
  • Street Direction: W
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danvers
  • Carrier Code: R001
  • 4-Digit Zip Code: 9263
  • Zip Code: 61732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $465,756
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 180,706
  • High Value: 196,974
  • Low Value: 164,438

    Market Valuation

  • Market Total Value: $164,244
  • Market Land Value: $19,695
  • Market Improvement Value: $144,549

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,748
  • Assessed Land Value: $6,565
  • Assessed Improvements Value: $48,183

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23064
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 Danvers

Stats & Trends

Median Asking:

$200,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

46

Average Home Size

968 ft²

Average Home Age

77 years

Currently For Sale

1 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: Larissa Kiefer, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11155179
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 North Street built and last sold?
The property at 407 West North Street was built in and last sold on Sep 17, 2021 for $185,000.
How much is this home worth?
The estimated value of the home located at 407 West North Street is $0.
What are some comparable homes to 407 West North Street?
There are currently no comparable homes to 407 West North Street.
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