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Winnebago 61016
Undisclosed Address
$410,000
● House - Off Market

Undisclosed Address

Cherry Valley, IL 61016
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,997 Ft²
$2,656
Est. Monthly
Unit Size
1,997 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$210
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,997
  • Parking Type: 1
  • Garage Type: 7
  • Garage Square Area: 722
  • Parking Space Count: 6
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 3,994
  • Gross Building Area: 3,994
  • Building Area: 3,994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,994
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PENFIELD XING #8
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: PENFIELD CROSSINGS NO 8 PT S1/2 SEC 10-43-2 LOT 252

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003705

Zoning

  • Zoning: R1

Geography

  • Parcel: 16-10-456-018
  • Lot: 252
  • Meridian: SEC 10 TWN 43 RANGE 2
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2121
  • Longitude: -88.9882

    Address

  • Full Address: 6577 Deer Isle Dr
  • Address - House Number: 6577
  • Address - Street Name: Deer Isle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cherry Valley
  • Carrier Code: R061
  • 4-Digit Zip Code: 9148
  • Zip Code: 61016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $673,824
  • Tax Rate Code Area: 114

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 349,354
  • High Value: 425,173
  • Low Value: 273,534

    Market Valuation

  • Market Total Value: $259,734
  • Market Land Value: $40,230
  • Market Improvement Value: $219,504

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,578
  • Assessed Land Value: $13,410
  • Assessed Improvements Value: $73,168

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2010
  • Current Sale Recording Date: May 21, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1019345
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 Winnebago

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

41

Average Home Size

1857 ft²

Average Home Age

59.8 years

Currently For Sale

259 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 5030 Harrison Avenue, Rockford, IL, 61108

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,320 ft²
5030 Harrison Avenue #2, Rockford, IL, 61108 Listing by Kenneth Carn

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Toni VanderHeyden, Keller Williams Realty Signature
Data Source: MRED, MLS# MRD12568046
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 6577 Deer Isle Drive built and last sold?
The property at 6577 Deer Isle Drive was built in 2009 and last sold on May 21, 2010 for $45,000.
How much is this home worth?
The estimated value of the home located at 6577 Deer Isle Drive is $417,181.
What are some comparable homes to 6577 Deer Isle Drive?
There are currently no comparable homes to 6577 Deer Isle Drive.
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