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St. Joseph 61873
512 Stout Street
$177,500
● House - Off Market

512 Stout Street

St. Joseph, IL 61873
bedrooms
3 Beds
bathrooms
1 Bath
square feet
945 Ft²
$1,051
Est. Monthly
9.52%
Cap Rate

About This Property

Super cute RANCH home, ready for the next owner. The living room welcomes you in and has tall windows for great natural light.  Quaint nooks for decor and storage throughout. The Eat-in-kitchen includes all appliances, including a NEWER Samsung washer and dryer.   Access to the large back yard which includes a deck area, fire pit section and garden shed.     There are 3 bedrooms and 1 full, remodeled bath.  Hardwood throughout most of home.  1 car garage.   Don't miss this opportunity to make this your own.  Floor plan in pictures.   Quick possession available.  Rent to own option with qualified buyer and downpayment
Unit Size
945 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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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
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 912
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,603
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALKERS, CHARLES M., REPLAT
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 WALKERS, CHARLES M., REPLAT

Neighborhood

  • School District Name: St. Joseph-Ogden Community High School District 305
  • School Tax School District: 101
  • Census Tract: 010701

Geography

  • District: 28
  • Parcel: 28-22-11-452-002
  • Lot: 10
  • Meridian: SEC 11 TWN 19N RNG 10E
  • Municipality: ST. JOSEPH
  • Latitude: 40.1165
  • Longitude: -88.0366

    Address

  • Full Address: 512 Stout St
  • Address - House Number: 512
  • Address - Street Name: Stout
  • Address - Suffix Type: St
  • State: IL
  • City Name: Saint Joseph
  • Carrier Code: R003
  • 4-Digit Zip Code: 9263
  • Zip Code: 61873

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $200,482
  • Tax Rate Code Area: 2803

    Appraisal Valuation

  • Standard Deviation: 0.116
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 175,202
  • High Value: 195,540
  • Low Value: 154,864

    Market Valuation

  • Market Total Value: $98,940
  • Market Land Value: $23,610
  • Market Improvement Value: $75,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,980
  • Assessed Land Value: $7,870
  • Assessed Improvements Value: $25,110

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8920
  • Previous Sale Recording Date: Mar 01, 2011
  • Previous Sale Contract Date: Feb 16, 2011
  • Previous Sale Amount: $36,000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$267,400

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1729 ft²

Average Home Age

30.3 years

Currently For Sale

5 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: Stefanie Pratt, Coldwell Banker R.E. Group
Data Source: MRED, MLS# MRD12280930
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 512 Stout Street built and last sold?
The property at 512 Stout Street was built in 1957 and last sold on Jun 30, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 512 Stout Street is $179,457.
What are some comparable homes to 512 Stout Street?
There are currently no comparable homes to 512 Stout Street.
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