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Geneva 60134
655 Nichole Lane
$355,000
● House - Off Market

655 Nichole Lane

Geneva, IL 60134
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,617 Ft²
$2,435
Est. Monthly
6.95%
Cap Rate

About This Property

Beautiful 2 story 3 beds 2.5 baths with new paint, new carpet, new appliances ready to move in. Vaulted ceilings as you walk in with staircase leading to bedrooms. Master bedroom with master suite and walk-in closet. Separate family room with fireplace next to dining area makes for a great inviting space.
Unit Size
1,617 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1993

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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 #11960218)

Price History

Date / Event Date Event Price
Feb 15, 2024 Sold
Premium
Sold
Jan 11, 2024 Listed by Cagan's Realty, Inc. $359,000
Listed by Cagan's Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 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: 8
  • Basement Area: 843
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,458
  • Total Building Area: 2,460
  • Gross Building Area: 2,460
  • Building Area: 1,617
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,617
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GENEVA EAST PH 04
  • Land Acres: 0000000125
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 44 EAST

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852500

Geography

  • Subdivision Phase Number: 4
  • Subdivision Tract Number: IV
  • Parcel: 12-01-103-021
  • Lot: 44
  • Municipality: GENEVA
  • Latitude: 41.8978
  • Longitude: -88.278

    Address

  • Full Address: 655 Nichole Ln
  • Address - House Number: 655
  • Address - Street Name: Nichole
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Geneva
  • Carrier Code: C017
  • 4-Digit Zip Code: 3716
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,896
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 364,373
  • High Value: 420,242
  • Low Value: 308,503

    Market Valuation

  • Market Total Value: $289,676
  • Market Land Value: $58,752
  • Market Improvement Value: $230,924

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,520
  • Assessed Land Value: $19,576
  • Assessed Improvements Value: $76,944

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5848
  • Previous Sale Recording Date: Jun 09, 2008
  • Previous Sale Contract Date: May 14, 2008
  • Previous Sale Amount: $270,000
  • 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 Geneva

Stats & Trends

Median Asking:

$512,450

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2042 ft²

Average Home Age

50.8 years

Currently For Sale

45 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 1529 Ronzheimer Avenue, St. Charles, IL, 60174

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,184 ft²
1529 Ronzheimer Avenue, St. Charles, IL, 60174 Listing by Daniel Czuba
Unit for rent at 631 Pheasant Trail, St. Charles, IL, 60174

$2,650 /mo

  • 2 Beds
  • 3 Baths
  • 1,496 ft²
631 Pheasant Trail, St. Charles, IL, 60174 Listing by Matthew Kombrink

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Adriana Cuellar, Cagan's Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11960218
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 655 Nichole Lane built and last sold?
The property at 655 Nichole Lane was built in 1993 and last sold on Feb 15, 2024 for $355,000.
How much is this home worth?
The estimated value of the home located at 655 Nichole Lane is $0.
What are some comparable homes to 655 Nichole Lane?
There are currently no comparable homes to 655 Nichole Lane.
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