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Plano 60545
607 Jaffe Street
$250,000
● House - Off Market

607 Jaffe Street

Plano, IL 60545
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$263,825
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Wonderful home in Plano offering you three bedrooms, two bathrooms, 2 car garage, sliding glass door leads you to a large stamped concrete covered patio, huge shed for your outdoor storage needs, main floor living room with Volume ceiling, sellers have added a Stamped concrete side driveway next to garage for your larger vehicles, boats or RV. Large crawl space under living room that allows tons of storage. In the last few years UPDATES include **remodeled kitchen** and **lower bathroom**, **new roof**, and **new hot water heater**.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1998

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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 #11638783)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Sep 26, 2022 Listed by EXIT Strategy Realty $250,000
Listed by EXIT Strategy Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,388
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 12,156
  • Gross Building Area: 12,156
  • Building Area: 11,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 11,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIES EDGE SUB PHASE 1
  • Land Acres: 0000000216
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 10 PRAIRIES EDGE SUB PHASE 1 CITY OF PLANO

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890502

Geography

  • Assessors Map Reference: 3259-C6
  • Parcel: 01-22-308-005
  • Lot: 10
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6676
  • Longitude: -88.543

    Address

  • Full Address: 607 Jaffe St
  • Address - House Number: 607
  • Address - Street Name: Jaffe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Plano
  • Carrier Code: C005
  • 4-Digit Zip Code: 1192
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $636,118
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 261,216
  • High Value: 302,636
  • Low Value: 219,796

    Market Valuation

  • Market Total Value: $203,688
  • Market Land Value: $29,355
  • Market Improvement Value: $174,333

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,896
  • Assessed Land Value: $9,785
  • Assessed Improvements Value: $58,111

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18080
  • Previous Sale Recording Date: May 16, 2003
  • Previous Sale Contract Date: Apr 30, 2003
  • Previous Sale Amount: $164,000
  • 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 Plano

Stats & Trends

Median Asking:

$289,000

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1818 ft²

Average Home Age

27.3 years

Currently For Sale

16 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 605 Ramsden Road, Plano, IL, 60545

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,780 ft²
605 Ramsden Road, Plano, IL, 60545 Listing by Dean Bisconti

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Mika, EXIT Strategy Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11638783
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 607 Jaffe Street built and last sold?
The property at 607 Jaffe Street was built in 1998 and last sold on Nov 7, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 607 Jaffe Street is $0.
What are some comparable homes to 607 Jaffe Street?
There are currently no comparable homes to 607 Jaffe Street.
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