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Boulder Hill 60538
50 Marnel Road
$297,500
● House - Off Market

50 Marnel Road

Montgomery, IL 60538
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,000 Ft²
$1,637
Est. Monthly
13.35%
Cap Rate

About This Property

Beautiful Raised Ranch in Boulder Hill!  Tons of space with loads of natural light!  Updated with wood laminate flooring and new carpeting thru out!  Kitchen features SS appliances and tile backsplash!  4 bedrooms with 2.5 baths!  Tandem garage features more than enough space for two cars along with storage!  Garage leads into lower level with huge rec room, 4th bedroom and full bath!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$300
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #12094485)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Premium
Sold
Aug 11, 2024 In contract -
In contract
Jul 26, 2024 Relisted $299,900
Relisted
Jul 11, 2024 In contract -
In contract
Jun 29, 2024 Listed by Signature Realty Group, LLC $299,900
Listed by Signature Realty Group, LLC
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 8
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,373
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOULDER HILL SUB
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LT 14 BOULDER HILL SUBD UNIT 10 SEC. 4-37-8

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890201

Geography

  • Assessors Map Reference: 3199-E6
  • Parcel: 03-04-326-004
  • Lot: 14
  • Meridian: SEC 04 TWN 37N RNG 08E
  • Municipality: OSWEGO TOWNSHIP
  • Latitude: 41.715
  • Longitude: -88.3321

    Address

  • Full Address: 50 Marnel Rd
  • Address - House Number: 50
  • Address - Street Name: Marnel
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Montgomery
  • Carrier Code: C010
  • 4-Digit Zip Code: 2034
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $505,988
  • Tax Rate Code Area: OS006

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 226,573
  • High Value: 261,011
  • Low Value: 192,134

    Market Valuation

  • Market Total Value: $170,883
  • Market Land Value: $55,656
  • Market Improvement Value: $115,227

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,961
  • Assessed Land Value: $18,552
  • Assessed Improvements Value: $38,409

    Sales

  • Current Sale Contract Date: Feb 18, 2004
  • Current Sale Recording Date: Mar 08, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200400005445
  • Previous Sale Recording Date: May 30, 2000
  • Previous Sale Contract Date: May 26, 2000
  • Previous Sale Amount: $142,000
  • 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 Boulder Hill

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1584 ft²

Average Home Age

54.4 years

Currently For Sale

9 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 612 Belmont Avenue, Oswego, IL, 60543

$3,495 /mo

  • 4 Beds
  • 2 Baths
  • 2,861 ft²
612 Belmont Avenue, Oswego, IL, 60543 Listing by Michelle Sather
Unit for rent at 718 Versailles Parkway, Oswego, IL, 60543

$3,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,837 ft²
718 Versailles Parkway, Oswego, IL, 60543 Listing by Meredith Giantsos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Asif Mohammed, Signature Realty Group, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12094485
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 50 Marnel Road built and last sold?
The property at 50 Marnel Road was built in and last sold on Feb 18, 2004 for $170,000.
How much is this home worth?
The estimated value of the home located at 50 Marnel Road is $297,131.
What are some comparable homes to 50 Marnel Road?
There are currently no comparable homes to 50 Marnel Road.
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