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Batavia 60510
506 STATE ST
$249,000
● House - Off Market

506 STATE ST

BATAVIA, IL 60510
bedrooms
3 Beds
bathrooms
2 Baths
$423,772
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

WOW NEWER RANCH UNDER $250,000 OPEN FLOOR PLAN, GRT ROOM, VAULTED CEILING, FIREPLACE; KIT WITH NEW COUNTERS & CABINETS, SKYLIGHT, PANTRY, BREAKFAST BAR, ALL NEW APPLIANCES. MAINTENANCE FREE EXTERIOR, SIDE LOADING GARAGE, COVERED DECK, CONCRETE DRIVE, HUGE BSMT, PROF PAINTED & LANDSCAPED; CLOSE TO TOWN, RIVER, BIKE PATHS, SCHOOL & SHOPPING LESS THAN A TOWNHOME AND NO ASSOCIATION FEES
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1994

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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

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,378
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,370
  • Total Building Area: 2,756
  • Gross Building Area: 2,756
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHEATON AND LATHEMS
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WHEATON1 1

Neighborhood

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

Geography

  • Parcel: 12-23-152-001
  • Block: 1
  • Lot: OF 1
  • Municipality: BATAVIA
  • Latitude: 41.8511
  • Longitude: -88.2995

    Address

  • Full Address: 506 State St
  • Address - House Number: 506
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Batavia
  • Carrier Code: C001
  • 4-Digit Zip Code: 2162
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,358
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 334,340
  • High Value: 386,230
  • Low Value: 282,451

    Market Valuation

  • Market Total Value: $261,819
  • Market Land Value: $41,579
  • Market Improvement Value: $220,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,238
  • Assessed Land Value: $13,854
  • Assessed Improvements Value: $73,384

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2007
  • Current Sale Recording Date: Apr 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007K041555
  • Previous Sale Recording Date: May 12, 2004
  • Previous Sale Contract Date: Apr 30, 2004
  • Previous Sale Amount: $208,000
  • 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:

$457,898

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2179 ft²

Average Home Age

45.7 years

Currently For Sale

36 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 1094 First Street, Batavia, IL, 60510

$2,800 /mo

  • 2 Beds
  • 3 Baths
  • 1,239 ft²
1094 First Street, Batavia, IL, 60510 Listing by Matthew Lysien
Unit for rent at 105 N Jefferson Street, Batavia, IL, 60510

$1,595 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
105 N Jefferson Street #1, Batavia, IL, 60510 Listing by Nadine Johnson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Bonacci, ABR,CRS, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06273299
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 506 State Street built and last sold?
The property at 506 State Street was built in 1994 and last sold on Jan 16, 2007 for $249,000.
How much is this home worth?
The estimated value of the home located at 506 State Street is $251,389.
What are some comparable homes to 506 State Street?
There are currently no comparable homes to 506 State Street.
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