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Batavia 60510
516 State Street
$150,000
● House - Off Market

516 State Street

Batavia, IL 60510
bedrooms
2 Beds
bathrooms
1 Bath
$226,713
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

A quick walk from downtown Batavia you can find this perfect home.  Great positive cash flow opportunity for an Investor.  Everyone loves a front porch to sit out on and this home has just that.  Good size eat in kitchen that has all your appliances staying.   Big space for large table plus a breakfast bar for that quick bite to eat.  Good size Living room with a first floor bedroom.  Entire upstairs was used as the master bedroom with long closet and sitting area.  ** Note seller willing to leave all the outdoor furniture and bar stools.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1860

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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: 1860
  • Effective Year Built: 1860
  • 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: 2
  • Basement Area: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,880
  • Total Building Area: 1,521
  • Gross Building Area: 1,521
  • Building Area: 841
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 841
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHEATON AND LATHEMS
  • Land Acres: 0000000660
  • 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: 12-23-152-003
  • Block: 1
  • Lot: OF 2
  • Municipality: BATAVIA
  • Latitude: 41.8511
  • Longitude: -88.2991

    Address

  • Full Address: 516 State St
  • Address - House Number: 516
  • 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: $363,028
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.4652
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 6
  • Final Value: 255,133
  • High Value: 373,833
  • Low Value: 136,432

    Market Valuation

  • Market Total Value: $142,782
  • Market Land Value: $13,637
  • Market Improvement Value: $129,145

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,575
  • Assessed Land Value: $4,544
  • Assessed Improvements Value: $43,031

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019K059520
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Contract Date: Dec 09, 2013
  • Previous Sale Amount: $113,500
  • 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:

$456,591

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2197 ft²

Average Home Age

44.8 years

Currently For Sale

39 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
  • 2 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: Cindy Pierce, Baird & Warner
Data Source: MRED, MLS# MRD10532175
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 516 State Street built and last sold?
The property at 516 State Street was built in 1860 and last sold on Dec 6, 2019 for $150,000.
How much is this home worth?
The estimated value of the home located at 516 State Street is $0.
What are some comparable homes to 516 State Street?
There are currently no comparable homes to 516 State Street.
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