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Batavia 60510
422 Madison Street
$142,000
● House - Off Market

422 Madison Street

BATAVIA, IL 60510
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,292 Ft²
$223,791
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Great home for "weekend warriors" and rehabbers. Come see the potential! Two first floor bedrooms with hardwood floors, one has a full bath. Large eat in kitchen with walk in pantry. Separate living room and dining room. Many windows on 1st floor add natural light. Second floor has a loft area and a large (17x23) partially finished room with a full bath that would be a great master suite! Full basement. 1 1/2 car garage and very nice, deep back yard! Electric was updated in 2013 and new siding in 2016. As is sale.
Unit Size
1,292 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$108
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1943

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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 #09670660)

Price History

Date / Event Date Event Price
Jul 28, 2017 Sold
Premium
Sold
Jun 25, 2017 Listed by Coldwell Banker Residential $140,000
Listed by Coldwell Banker Residential

Property Highlights

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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 Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 656
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,399
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,292
  • Gross Building Area: 1,292
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAMES STEERS HEIRS ADDITION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Batavia Unit School District 101
  • Census Tract: 852803

Geography

  • Parcel: 12-14-353-004
  • Block: 4
  • Lot: 11
  • Municipality: BATAVIA
  • Latitude: 41.8566
  • Longitude: -88.3006

    Address

  • Full Address: 422 Madison St
  • Address - House Number: 422
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Batavia
  • Carrier Code: C010
  • 4-Digit Zip Code: 2006
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $451,786
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 261,080
  • High Value: 304,865
  • Low Value: 217,295

    Market Valuation

  • Market Total Value: $173,289
  • Market Land Value: $41,261
  • Market Improvement Value: $132,029

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,740
  • Assessed Land Value: $13,748
  • Assessed Improvements Value: $43,992

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2017
  • Current Sale Recording Date: Sep 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K047527
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Contract Date: Dec 17, 2013
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: 71
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 Batavia

Stats & Trends

Median Asking:

$459,450

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2400 ft²

Average Home Age

40.6 years

Currently For Sale

37 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

Unit for rent at 102 Kansas Street, Geneva, IL, 60134

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 768 ft²
102 Kansas Street, Geneva, IL, 60134 Listing by Katrina Hish

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09670660
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 422 Madison Street built and last sold?
The property at 422 Madison Street was built in 1943 and last sold on Jul 24, 2017 for $142,000.
How much is this home worth?
The estimated value of the home located at 422 Madison Street is $0.
What are some comparable homes to 422 Madison Street?
There are currently no comparable homes to 422 Madison Street.
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