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Paw Paw 61353
417 Maple Lane
$195,000
● House - Off Market

417 Maple Lane

Paw Paw, IL 61353
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
864 Ft²
$1,249
Est. Monthly
11.44%
Cap Rate
Unit Size
864 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$226
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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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: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,639
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET SUB
  • Land Acres: 0000000336
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT: TWP:00RNG/BLK: SUNSET SUB. S 20 LT 6 AND THAT PT LT 5 LYG E OF LN DRAWN FROM PT 57 E NW COR LT 5 TO PT 25 E SW COR

Neighborhood

  • School District Name: Lee Center Community Unit School District 271
  • Census Tract: 000900

Geography

  • Account Number: 156059
  • District: 22
  • Parcel: 22-18-10-406-027
  • Lot: 5-6
  • Municipality: WYOMING
  • Latitude: 41.6901
  • Longitude: -88.9851

    Address

  • Full Address: 417 Maple Ln
  • Address - House Number: 417
  • Address - Street Name: Maple
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Paw Paw
  • Carrier Code: R001
  • 4-Digit Zip Code: 9428
  • Zip Code: 61353

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $254,274
  • Tax Rate Code Area: 22001

    Appraisal Valuation

  • Standard Deviation: 0.1261
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 122,387
  • High Value: 137,828
  • Low Value: 106,945

    Market Valuation

  • Market Total Value: $92,112
  • Market Land Value: $13,251
  • Market Improvement Value: $78,861

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,704
  • Assessed Land Value: $4,417
  • Assessed Improvements Value: $26,287

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100184

    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 Paw Paw

Stats & Trends

Median Asking:

$229,000

Sale Price/ft²

$178

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2150 ft²

Average Home Age

105.8 years

Currently For Sale

6 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

Rentals Near You

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MRED

Listed by: Nathan Gudmunson, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12337554
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 417 Maple Lane built and last sold?
The property at 417 Maple Lane was built in 1982 and last sold on Jan 8, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 417 Maple Lane is $0.
What are some comparable homes to 417 Maple Lane?
There are currently no comparable homes to 417 Maple Lane.
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