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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
Building Info
Overview
- Year Built: 1870
- Effective Year Built: 1870
- Building Count: 1
- Total Rooms: 8
- 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: 6
- Basement Area: 462
- Garage Type: 1
- Parking Space Count: 2
- Patio Type: 0
- Porch Type: 0
- Pool Type: 0
General
- Lot Size Square Feet: 10,640
- Lot Size Depth Feet: 1,520
- Lot Size Frontage Feet: 700
- Total Building Area: 2,442
- Gross Building Area: 2,442
- Building Area: 2,442
- Building Area Measurement: L
Dimensions
- Air Conditioning: 0
- Heating: 0
- Heated Square Feet: 2,442
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: JOHN VAN NORTWICKS 2ND ADD
- Land Acres: 0000000244
- Standard Land Use Code: 1000
- County Land Use Code: 0040
- State Land Use Code: 0040
- Legal Description 1: JOHN VAN NORTWICKS 2ND ADD - LOT 1 (EX NLY 50 FT) & ELY 10 FT OF LOT 2 (EX NLY 50 FT) ALL BLK 10
Neighborhood
- School District Name: Batavia Unit School District 101
- Census Tract: 852700
Geography
- Parcel: 12-22-162-017
- Block: 10
- Lot: 1,2
- Municipality: BATAVIA
- Latitude: 41.8473
- Longitude: -88.318
- Full Address: 605 Main St
- Address - House Number: 605
- Address - Street Name: Main
- Address - Suffix Type: St
- State: IL
- City Name: Batavia
- Carrier Code: C011
- 4-Digit Zip Code: 2432
- Zip Code: 60510
Address
Valuation
- Tax Year: 2022
- Tax Amount: $789,988
- Initial Tax Delinquent Year: 2022
- Tax Rate Code Area: BA005
Tax
- Standard Deviation: 0.2064
- Valuation Date: Feb 21, 2024
- Confidence Score: 72
- Final Value: 413,063
- High Value: 498,328
- Low Value: 327,797
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
- First Open Lien Mortgage Lender:
- First Open Lien Mortgage Recording Date:
- First Open Lien Mortgage Loan Amount:
- First Open Lien Mortgage Term:
- First Open Lien Mortgage Position:
- First Open Lien Mortgage Loan Type:
- First Open Lien Mortgage Loan Due Date:
Open Liens
- Market Total Value: $271,525
- Market Land Value: $68,217
- Market Improvement Value: $203,307
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $90,472
- Assessed Land Value: $22,730
- Assessed Improvements Value: $67,742
Assessments Valuation
- Current Sale Contract Date: May 04, 2022
- Current Sale Recording Date: Jun 03, 2022
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 29369
- Previous Sale Recording Date: Nov 30, 2021
- Previous Sale Contract Date: Aug 03, 2021
- Previous Sale Amount: $255,000
- Previous Sale Document Type: 71
Sales
- First Mortgage Lender:
- First Mortgage Transaction Date:
- First Mortgage Loan Amount:
- First Mortgage Terms:
- First Mortgage Loan Type:
- First Mortgage Loan Due Date:
Last Sale Mortgage
605 Main Street
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Comparables
Status
Price/ft²
Listed On
Sold On
About Batavia
Stats & Trends
Median Asking:
$457,898Sale Price/ft²
$232Below Asking
0.01%Average Days on Market
41Average Home Size
2231 ft²Average Home Age
42 yearsCurrently For Sale
47 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12537052
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017