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Harvard 60033
700 2nd Street
$225,000
● House - Off Market

700 2nd Street

Harvard, IL 60033
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$232,527
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$131
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
-

Payment Calculator

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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,696
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRAINARD ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0032446 RR LT 8 BLK 14 BRAINARD ADDN

Neighborhood

  • School District Name: Harvard Community Unit School District 50
  • Census Tract: 870301

Geography

  • Parcel: 01-35-256-008
  • Block: 14
  • Lot: 8
  • Municipality: CHEMUNG TWP
  • Latitude: 42.4241
  • Longitude: -88.6164

    Address

  • Full Address: 700 2nd St
  • Address - House Number: 700
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Harvard
  • Carrier Code: C005
  • 4-Digit Zip Code: 2104
  • Zip Code: 60033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $401,084
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 216,871
  • High Value: 252,622
  • Low Value: 181,119

    Market Valuation

  • Market Total Value: $140,331
  • Market Land Value: $36,777
  • Market Improvement Value: $103,554

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,777
  • Assessed Land Value: $12,259
  • Assessed Improvements Value: $34,518

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 32446
  • Previous Sale Recording Date: Aug 16, 2022
  • Previous Sale Contract Date: Aug 03, 2022
  • Previous Sale Amount: $225,000
  • 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 Harvard

Stats & Trends

Median Asking:

$278,000

Sale Price/ft²

$180

Above Asking

0.00%

Average Days on Market

50

Average Home Size

1385 ft²

Average Home Age

84.3 years

Currently For Sale

8 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 1306 8th Street, Harvard, IL, 60033

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
1306 8th Street, Harvard, IL, 60033 Listing by Jose Rey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Shawn Strach, Dream Real Estate, Inc.
Data Source: MRED, MLS# MRD11444497
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 700 2nd Street built and last sold?
The property at 700 2nd Street was built in and last sold on Aug 3, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 700 2nd Street is $0.
What are some comparable homes to 700 2nd Street?
There are currently no comparable homes to 700 2nd Street.
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