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Harvard 60033
601 N Division Street
$193,400
● House - Off Market

601 N Division Street

Harvard, IL 60033
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$1,290
Est. Monthly
17.04%
Cap Rate

About This Property

Older home with good bones / newer mechanicals and fresh finishes!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11950064)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Dec 21, 2023 Listed by Complete Realty & Prop Management $194,900
Listed by Complete Realty & Prop Management

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,727
  • Lot Size Depth Feet: 1,320
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 10
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: E G AYERS ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2016R0024498 LT 1 BLK 12 & W1/2 VAC ALLEY VACATED PER DOC 1991R0043172 LYING E OF & ADJ E G AYERS ADDN

Neighborhood

  • School District Name: Harvard Community Unit School District 50
  • Census Tract: 870302

Geography

  • Parcel: 01-35-284-004
  • Block: 12
  • Lot: 1
  • Municipality: CHEMUNG TWP
  • Latitude: 42.4232
  • Longitude: -88.6131

    Address

  • Full Address: 601 N Division St
  • Address - House Number: 601
  • Street Direction: N
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: IL
  • City Name: Harvard
  • Carrier Code: C002
  • 4-Digit Zip Code: 2442
  • Zip Code: 60033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $399,490
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.474
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 5
  • Final Value: 252,102
  • High Value: 371,599
  • Low Value: 132,604

    Market Valuation

  • Market Total Value: $121,845
  • Market Land Value: $35,010
  • Market Improvement Value: $86,835

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,615
  • Assessed Land Value: $11,670
  • Assessed Improvements Value: $28,945

    Sales

  • Current Sale Contract Date: May 03, 2012
  • Current Sale Recording Date: May 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012R0019908
  • Previous Sale Recording Date: Nov 13, 2008
  • Previous Sale Contract Date: Nov 08, 2008
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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 Harvard

Stats & Trends

Median Asking:

$278,500

Sale Price/ft²

$180

Above Asking

0.00%

Average Days on Market

50

Average Home Size

1385 ft²

Average Home Age

84.3 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

Rentals Near You

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MRED

Listed by: Marc Hathaway, Complete Realty & Prop Management
Last Updated: 3 years ago
Data Source: MRED, MLS# 11950064
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 601 North Division Street built and last sold?
The property at 601 North Division Street was built in 1890 and last sold on May 3, 2012 for $35,000.
How much is this home worth?
The estimated value of the home located at 601 North Division Street is $0.
What are some comparable homes to 601 North Division Street?
There are currently no comparable homes to 601 North Division Street.
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