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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: 2003
- Effective Year Built: 2003
- Building Count: 1
- Bedroom Count: 0
- Bathroom Count: 2
- Full Bathrooms: 1
- Partial Bathrooms: 2
- Building Condition: 6
- Building Quality: 7
- Construction Type: 6
- Building Style: 2
- Exterior Walls Type: 17
- Interior Walls Type: 6
- Roof Shape Type: 0
- Roof Cover Type: 14
- Floor Count: 200
- Floor Cover: 15
- Basement Type: 5
- Basement Area: 748
- Garage Type: 1
- Garage Square Area: 624
- Parking Space Count: 2
- Patio Type: 79
- Porch Type: 106
- Pool Type: 0
General
- Lot Size Square Feet: 7,561
- Total Building Area: 2,744
- Gross Building Area: 2,744
- Building Area: 748
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 1
- Heating: 3
- Heated Square Feet: 748
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: THE MEADOWS OF ST JOSEPH 2ND SUB
- Land Acres: 0000000174
- Standard Land Use Code: 1001
- County Land Use Code: 0040
- Legal Description 1: LOT 92 THE MEADOWS OF ST JOSEPH 2ND SUB
Neighborhood
- School District Name: St. Joseph-Ogden Community High School District 305
- School Tax School District: 101
- Census Tract: 010701
Geography
- District: 28
- Parcel: 28-22-11-404-026
- Lot: 92
- Meridian: SEC 11 TWN 19N RNG 10E
- Municipality: ST. JOSEPH
- Latitude: 40.1189
- Longitude: -88.0359
- Full Address: 610 Wingstem Dr
- Address - House Number: 610
- Address - Street Name: Wingstem
- Address - Suffix Type: Dr
- State: IL
- City Name: Saint Joseph
- Carrier Code: R003
- 4-Digit Zip Code: 8219
- Zip Code: 61873
Address
Valuation
- Tax Year: 2022
- Tax Amount: $511,652
- Initial Tax Delinquent Year: 2022
- Tax Rate Code Area: 2803
Tax
- Standard Deviation: 0.2044
- Valuation Date: Feb 21, 2024
- Confidence Score: 72
- Final Value: 296,500
- High Value: 357,122
- Low Value: 235,877
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
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- First Open Lien Mortgage Recording Date:
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- First Open Lien Mortgage Loan Due Date:
Open Liens
- Market Total Value: $226,650
- Market Land Value: $38,730
- Market Improvement Value: $187,920
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $75,550
- Assessed Land Value: $12,910
- Assessed Improvements Value: $62,640
Assessments Valuation
- Current Sale Contract Date: Jun 20, 2013
- Current Sale Recording Date: Jun 24, 2013
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 2013R14994
- Previous Sale Recording Date: May 02, 2007
- Previous Sale Contract Date: Apr 11, 2007
- Previous Sale Amount: $166,000
- Previous Sale Document Type: 71
Sales
- First Mortgage Lender:
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Last Sale Mortgage
- First Mortgage Financing Type: FIX
Financing
610 Wingstem Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
About St. Joseph
Stats & Trends
Median Asking:
$267,400Sale Price/ft²
$160Below Asking
0.02%Average Days on Market
48Average Home Size
1445 ft²Average Home Age
37.3 yearsCurrently For Sale
4 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12507132
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017