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DeKalb 60115 Rolling Crest
420 Ridge Drive
$245,000
● House - Off Market

420 Ridge Drive

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,730 Ft²
$254,356
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

*Under contract*This beautifully updated 3 bed, 2 full bath ranch with finished basement offers all the modern style you've been searching for! This home was fully updated in 2020, featuring gorgeously tiled bathrooms and new flooring throughout. Kitchen boasts fresh, white cabinetry, new countertops, and stainless steel appliances (2020). The open-concept dining and living area overlooks a beautiful brick fireplace. Finished basement offers ample space with large living area, gas fireplace, bonus room, and laundry/utility room. Head out back to take advantage of the deck that overlooks this large corner property!    Additional upgrades include new furnace (2021), new central air (2021), washer/dryer (2020), radon mitigation system (2020) and smart thermostat.
Unit Size
1,730 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$558
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.

Last updated: 3 years ago (MRED MLS #11699567)

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold
Premium
Sold
Jan 10, 2023 Listed by Willow Real Estate, Inc $250,000
Listed by Willow Real Estate, Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,003
  • Total Building Area: 0
  • Building Area: 1,735
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,735
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST SUBDIVISION - FIFTEENTH ADDITI
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 515 - HILLCREST SUBDIVISION - FIFTEENTH ADDITION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000900

Geography

  • Account Number: 0815276001
  • District: DK
  • Parcel: 08-15-276-001
  • Lot: 515
  • Municipality: DEKALB
  • Latitude: 41.9483
  • Longitude: -88.756

    Address

  • Full Address: 420 Ridge Dr
  • Address - House Number: 420
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C022
  • 4-Digit Zip Code: 1761
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $655,112
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 278,750
  • High Value: 327,455
  • Low Value: 230,045

    Market Valuation

  • Market Total Value: $232,728
  • Market Land Value: $30,777
  • Market Improvement Value: $201,951

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,576
  • Assessed Land Value: $10,259
  • Assessed Improvements Value: $67,317

    Sales

  • Current Sale Contract Date: Mar 23, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2195
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $184,500
  • Previous Sale Document Type: 68
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 Rolling Crest

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

38

Average Home Size

1800 ft²

Average Home Age

22 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: Elizabeth Metcalf, Willow Real Estate, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11699567
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 420 Ridge Drive built and last sold?
The property at 420 Ridge Drive was built in 1973 and last sold on Mar 23, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 420 Ridge Drive is $0.
What are some comparable homes to 420 Ridge Drive?
There are currently no comparable homes to 420 Ridge Drive.
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