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Geneva 60134
6 Wakefield Lane
$360,000
● House - Off Market

6 Wakefield Lane

Geneva, IL 60134
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,543 Ft²
$357,983
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Desirable Ranch style home in a great location that offers a large fully fenced lot that backs to open space and neighborhood trails. Huge deck to enjoy relaxing in the fully fenced oversized yard with an electric retractable awning to offer shade on sunny days.  The location is very convenient to both shopping on Randall and downtown Geneva and is in a desirable neighborhood. This home is ready for a makeover: solid and cute but needs cosmetic updating. It offers hardwood floors throughout first floor and a finished basement with second kitchen for additional living options.  Well maintained with mechanical updates which include: HVAC: 6/16, hot water heater: 7/22, windows: 2000.
Unit Size
1,543 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$233
Property Type
House
Property Taxes
$763
HOA Dues
$42
Year Built
1975

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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 #11854366)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Aug 14, 2023 Listed by RE/MAX Excels $360,000
Listed by RE/MAX Excels

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 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: 8
  • Basement Area: 1,543
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,200
  • Total Building Area: 3,086
  • Gross Building Area: 3,086
  • Building Area: 1,543
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,543
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER VALLEY 03
  • Land Acres: 0000000372
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 3 29 VALLEY SUB

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852607

Geography

  • Parcel: 12-04-329-074
  • Block: 3
  • Lot: 29
  • Municipality: GENEVA
  • Latitude: 41.8885
  • Longitude: -88.338

    Address

  • Full Address: 6 Wakefield Ln
  • Address - House Number: 6
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Geneva
  • Carrier Code: C006
  • 4-Digit Zip Code: 1759
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $916,110
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 406,481
  • High Value: 468,720
  • Low Value: 344,243

    Market Valuation

  • Market Total Value: $329,292
  • Market Land Value: $106,570
  • Market Improvement Value: $222,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,720
  • Assessed Land Value: $35,509
  • Assessed Improvements Value: $74,211

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34692
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 Geneva

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2075 ft²

Average Home Age

49.5 years

Currently For Sale

43 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 312 Fairmont Court, St. Charles, IL, 60175

$2,350 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
312 Fairmont Court, St. Charles, IL, 60175 Listing by Michelle Collingbourne
Unit for rent at 2268 Vanderbilt Drive, Geneva, IL, 60134

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,466 ft²
2268 Vanderbilt Drive #2268, Geneva, IL, 60134 Listing by Christine Coleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Gamble, RE/MAX Excels
Last Updated: 3 years ago
Data Source: MRED, MLS# 11854366
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 Wakefield Lane built and last sold?
The property at 6 Wakefield Lane was built in 1975 and last sold on Aug 31, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 6 Wakefield Lane is $0.
What are some comparable homes to 6 Wakefield Lane?
There are currently no comparable homes to 6 Wakefield Lane.
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