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Belvidere 61008
418 Starr Street
$185,000
● House - Off Market

418 Starr Street

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,704 Ft²
$1,247
Est. Monthly
11.76%
Cap Rate

About This Property

Great family home with tons of room inside and out!! First floor has both a living room and family room for tons of space. The kitchen is adorable with a large island-type breakfast bar and dinette/dining room. Nice size laundry and huge full bathroom. Upstairs welcomes you with a large loft area; great area for kids to hang out, 2 large bedrooms and an extra room that could easily be converted to a 2nd bathroom; plumbing has been done (partially). There is a huge 1 car brick garage and an additional outbuilding used as a party house or large workshop or both; 26x18 in one area and 9x25 on the other. A gas line is ran for a heater. Plus a nice shed for yard equipment behind outbuilidng. The side yard is so large,you can have your own football games there!
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$109
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1900

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1988
  • Total Rooms: 9
  • 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: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 892
  • Garage Type: 10
  • Garage Square Area: 840
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HINSDELL & STARRS RESURVEY
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 35-44-3 LT 22 BLK 3 HINSDELL & STARRS RE-SUR 418 STARR ST

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010300

Geography

  • Account Number: 05-05-35-282-004
  • District: 050
  • Parcel: 05-35-282-004
  • Block: 3
  • Lot: 22
  • Municipality: BELVIDERE
  • Latitude: 42.248
  • Longitude: -88.8442

    Address

  • Full Address: 418 Starr St
  • Address - House Number: 418
  • Address - Street Name: Starr
  • Address - Suffix Type: St
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C005
  • 4-Digit Zip Code: 5252
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $390,588

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 166,447
  • High Value: 196,786
  • Low Value: 136,107

    Market Valuation

  • Market Total Value: $120,990
  • Market Land Value: $27,576
  • Market Improvement Value: $93,414

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,330
  • Assessed Land Value: $9,192
  • Assessed Improvements Value: $31,138

    Sales

  • Current Sale Contract Date: Dec 03, 2010
  • Current Sale Recording Date: Dec 03, 2010
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 000000008896
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:

$225,000

Sale Price/ft²

$147

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1654 ft²

Average Home Age

48.9 years

Currently For Sale

16 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: Angie Wait, Keller Williams Realty Signature
Data Source: MRED, MLS# MRD12373825
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 418 Starr Street built and last sold?
The property at 418 Starr Street was built in 1900 and last sold on Dec 3, 2010 for $0.
How much is this home worth?
The estimated value of the home located at 418 Starr Street is $192,833.
What are some comparable homes to 418 Starr Street?
There are currently no comparable homes to 418 Starr Street.
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