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Boulder Hill 60538
6 Spring Garden Drive
$290,000
● House - Off Market

6 Spring Garden Drive

Montgomery, IL 60538
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,535 Ft²
$1,816
Est. Monthly
9.53%
Cap Rate
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$179
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1962

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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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • 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: 13,054
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 983
  • Gross Building Area: 983
  • Building Area: 983
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOULDER HILL SUB
  • Land Acres: 0000000224
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 13 BOULDER HILL SUBD UNIT 8 SEC. 4-37-8

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890202

Geography

  • Assessors Map Reference: 3199-D6
  • Parcel: 03-04-304-015
  • Lot: 13
  • Meridian: SEC 04 TWN 37N RNG 08E
  • Municipality: OSWEGO TOWNSHIP
  • Latitude: 41.7141
  • Longitude: -88.3365

    Address

  • Full Address: 6 Spring Garden Dr
  • Address - House Number: 6
  • Address - Street Name: Spring Garden
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Montgomery
  • Carrier Code: C010
  • 4-Digit Zip Code: 2023
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $558,442
  • Tax Rate Code Area: OS006

    Appraisal Valuation

  • Standard Deviation: 0.0906
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 286,981
  • High Value: 312,986
  • Low Value: 260,976

    Market Valuation

  • Market Total Value: $206,598
  • Market Land Value: $56,181
  • Market Improvement Value: $150,417

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,866
  • Assessed Land Value: $18,727
  • Assessed Improvements Value: $50,139

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3078
  • Previous Sale Recording Date: Jun 23, 2020
  • Previous Sale Contract Date: May 26, 2020
  • Previous Sale Amount: $199,000
  • 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:

$299,995

Sale Price/ft²

$220

Above Asking

0.00%

Average Days on Market

39

Average Home Size

1568 ft²

Average Home Age

55.8 years

Currently For Sale

8 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 532 Heritage Drive, Oswego, IL, 60543

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,350 ft²
532 Heritage Drive, Oswego, IL, 60543 Listing by Abhijit Leekha

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Walsh, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD11961019
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 6 Spring Garden Drive built and last sold?
The property at 6 Spring Garden Drive was built in 1962 and last sold on Feb 26, 2024 for $290,000.
How much is this home worth?
The estimated value of the home located at 6 Spring Garden Drive is $0.
What are some comparable homes to 6 Spring Garden Drive?
There are currently no comparable homes to 6 Spring Garden Drive.
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