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Rockford 61107 Northeast
4901 Mohawk Road
$200,000
● House - Off Market

4901 Mohawk Road

Rockford, IL 61107
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,445 Ft²
$1,152
Est. Monthly
13.69%
Cap Rate

About This Property

GREAT RANCH WITH BASEMENT IN HIGHCREST SUBDIVISION. BIG YARD AND OVERSIZE 2+ CAR GARAGE. VERY WELL CARED FOR WITH NEWER SLIDER AND WINDOWS. THIRD BEDROOM HAS OUTSIDE ACCESS FOR GREAT TEEN OR IN-LAW ARRANGEMENT. LOWER LEVEL HAS SPACE FOR WORKSHOP AND HAS REC ROOM AND CLEAN LAUNDRY.
Unit Size
1,445 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1960

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,065
  • Parking Type: 1
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 670
  • Total Building Area: 2,130
  • Gross Building Area: 2,130
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHCREST VIEW EAST SUB NO 6
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: HIGHCREST VIEW EAST SUB NO 6 W TRI TRLOT 47 BEING 120 FT ON W LN & 3 FT ONS LN & E 64 FT LOT 048

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000506

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-17-456-022
  • Lot: 47-48
  • Municipality: ROCKFORD
  • Latitude: 42.2822
  • Longitude: -89.0216

    Address

  • Full Address: 4901 Mohawk Rd
  • Address - House Number: 4901
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: C030
  • 4-Digit Zip Code: 2334
  • Zip Code: 61107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $98,654
  • Tax Rate Code Area: 018

    Appraisal Valuation

  • Standard Deviation: 0.2445
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 143,559
  • High Value: 178,672
  • Low Value: 108,445

    Market Valuation

  • Market Total Value: $94,458
  • Market Land Value: $12,162
  • Market Improvement Value: $82,296

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,486
  • Assessed Land Value: $4,054
  • Assessed Improvements Value: $27,432

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37459
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 Northeast

Stats & Trends

Median Asking:

$234,950

Sale Price/ft²

$133

Below Asking

0.02%

Average Days on Market

40

Average Home Size

2561 ft²

Average Home Age

63.3 years

Currently For Sale

50 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: John Trandel, Baird & Warner
Data Source: MRED, MLS# MRD12331342
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 4901 Mohawk Road built and last sold?
The property at 4901 Mohawk Road was built in 1960 and last sold on Dec 16, 2022 for $135,000.
How much is this home worth?
The estimated value of the home located at 4901 Mohawk Road is $192,543.
What are some comparable homes to 4901 Mohawk Road?
There are currently no comparable homes to 4901 Mohawk Road.
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