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Winnebago 61102
5604 Kelley Road
$190,000
● House - Off Market

5604 Kelley Road

Rockford, IL 61102
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,347 Ft²
$1,247
Est. Monthly
10.42%
Cap Rate

About This Property

Adorable brick Cape Cod with a Rockford address, but Winnebago School District. The home sits on 1 acre of land with grape vines and blueberry bushes. Has a 4-season porch with a built-in grill and plenty of windows. The kitchen has an eat-in area, and all appliances stay. A large living room off the kitchen and 2 bedrooms with a remodeled full bath are on the main floor. A huge bedroom, 1/2 bath, and tons of closet space are upstairs. The basement has a bar area, rec room, shower & sink, and an extra bonus room.
Unit Size
1,347 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$148
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1950

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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.

Last updated: 3 years ago (MRED MLS #11896877)

Price History

Date / Event Date Event Price
Dec 21, 2023 Sold
Premium
Sold
Sep 29, 2023 Listed by Keller Williams Realty Signature $200,000
Listed by Keller Williams Realty Signature

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 6
  • Basement Area: 962
  • Garage Type: 4
  • Garage Square Area: 572
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,309
  • Gross Building Area: 2,309
  • Building Area: 2,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: W 84 FT E 582.4 FT N 518.56 FT PT SW 1/4 SEC: 32 TWP: 044 RANGE: 001 ACRES:1

Neighborhood

  • School District Name: Winnebago Community Unit School District 323
  • Census Tract: 003711

Zoning

  • Zoning: AG

Geography

  • Section: 32
  • Parcel: 11-32-326-006
  • Block: 32
  • Lot: 16
  • Meridian: SEC 32 TWN 44N RNG 01E
  • Municipality: ROCKFORD
  • Latitude: 42.2442
  • Longitude: -89.1474

    Address

  • Full Address: 5604 Kelley Rd
  • Address - House Number: 5604
  • Address - Street Name: Kelley
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R008
  • 4-Digit Zip Code: 2506
  • Zip Code: 61102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 071

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 87
  • Final Value: 202,110
  • High Value: 226,311
  • Low Value: 177,909

    Market Valuation

  • Market Total Value: $119,847
  • Market Land Value: $21,849
  • Market Improvement Value: $97,998

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,949
  • Assessed Land Value: $7,283
  • Assessed Improvements Value: $32,666

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30129
  • Previous Sale Recording Date: Jul 20, 2007
  • Previous Sale Contract Date: Jul 20, 2007
  • Previous Sale Amount: $163,800
  • Previous Sale Document Type: 27
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 Winnebago

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1830 ft²

Average Home Age

58.7 years

Currently For Sale

276 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: Robin Henry, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11896877
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 5604 Kelley Road built and last sold?
The property at 5604 Kelley Road was built in 1950 and last sold on Dec 18, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 5604 Kelley Road is $0.
What are some comparable homes to 5604 Kelley Road?
There are currently no comparable homes to 5604 Kelley Road.
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