$140,000
●
House -
Off Market
6785 Rydberg Road
Rockford, IL 61109
2 Beds
1 Bath
884 Ft²
$957
Est. Monthly
11.64%
Cap Rate
About This Property
Cute and ready for new owners! Spacious 2 bed 1/bath home with
Large backyard enclosed by a complete fence w/ new 6ft privacy
fence along the back & shed for storing a boat and outdoor
equipment. Updated with beautifully refinished hardwood floors in
the living room, hallway, and bedroom. Updates include a modernized
bathroom, newer appliances, and a newer sink. Roof and central air
system are both newer with transferrable warranties. Newer siding,
windows, insulation, porcelain countertops, upgraded electrical
service, and select mechanical components. Enjoy a breakfast bar
with seating for four & ample cabinet space! The FULL basement
level offers potential for expansion and flex space!
Conveniently located near dining, shopping, and the Atwood
bike park with nearby biking trails. Easy access to Hwy. 20 for
commuting, while benefiting from county taxes.
Unit Size
884 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$164
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1955
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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 #12096968)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 28, 2024 | Listed by American Realty Illinois LLC | $145,000 | |
| Listed by American Realty Illinois LLC | |||
| Apr 17, 2024 | Listed by American Realty Illinois LLC | $147,500 | |
| Listed by American Realty Illinois LLC | |||
| | |||
|
Cute and ready for new owners! Spacious 2 bed 1/bath home with Large backyard enclosed by a complete fence w/ new 6ft privacy fence along the back & shed for storing a boat and outdoor equipment. Updated with beautifully refinished hardwood floors in the living room, hallway, and bedroom. Updates include a modernized bathroom, newer appliances, and a newer sink. Roof and central air system are both newer with transferrable warranties. Newer siding, windows, insulation, porcelain countertops, upgraded electrical service, and select mechanical components. Enjoy a breakfast bar with seating for four & ample cabinet space! The FULL basement level offers potential for expansion and flex space! Conveniently located near dining, shopping, and the Atwood bike park with nearby biking trails. Easy access to Hwy. 20 for commuting, while benefiting from county taxes.
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
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About New Milford
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Listed by: Melissa Sedevie, American Realty Illinois LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12096968
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12096968
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