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St. Joseph 61873
701 Northgate Drive
$221,500
● House - Off Market

701 Northgate Drive

St. Joseph, IL 61873
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,254 Ft²
$1,318
Est. Monthly
6.33%
Cap Rate

About This Property

Welcome home! This 3 bedroom, 2 bath ranch in The Meadows has everything you need on one main floor. The living room opens to the dining space featuring a fireplace and vaulted ceilings. The backyard is just outside the dining space sliding door with patio, garden shed, and fenced yard.
Unit Size
1,254 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$181
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
2003

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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.

Last updated: 3 years ago (MRED MLS #12054346)

Price History

Date / Event Date Event Price
Jul 8, 2024 Sold
Premium
Sold
May 20, 2024 Listed by Taylor Realty Associates $227,500
Listed by Taylor Realty Associates

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 1,280
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,566
  • Total Building Area: 2,960
  • Gross Building Area: 2,960
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE MEADOWS OF ST JOSEPH 1ST SUB
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 33 THE MEADOWS OF ST JOSEPH 1ST 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: 28-22-11-404-014
  • Lot: 33
  • Meridian: SEC 11 TWN 19N RNG 10E
  • Municipality: ST. JOSEPH
  • Latitude: 40.1192
  • Longitude: -88.0356

    Address

  • Full Address: 701 Northgate Dr
  • Address - House Number: 701
  • Address - Street Name: Northgate
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Saint Joseph
  • Carrier Code: R003
  • 4-Digit Zip Code: 8202
  • Zip Code: 61873

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $240,414
  • Tax Rate Code Area: 2803

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 222,804
  • High Value: 272,600
  • Low Value: 173,007

    Market Valuation

  • Market Total Value: $185,490
  • Market Land Value: $38,730
  • Market Improvement Value: $146,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,830
  • Assessed Land Value: $12,910
  • Assessed Improvements Value: $48,920

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2005
  • Current Sale Recording Date: Oct 19, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R31814
  • Previous Sale Recording Date: Jun 01, 2004
  • Previous Sale Contract Date: May 28, 2004
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: 20
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 St. Joseph

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1471 ft²

Average Home Age

37.5 years

Currently For Sale

3 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

Rentals Near You

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MRED

Listed by: Nick Taylor, Taylor Realty Associates
Last Updated: 3 years ago
Data Source: MRED, MLS# 12054346
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 701 Northgate Drive built and last sold?
The property at 701 Northgate Drive was built in 2003 and last sold on Oct 17, 2005 for $142,000.
How much is this home worth?
The estimated value of the home located at 701 Northgate Drive is $0.
What are some comparable homes to 701 Northgate Drive?
There are currently no comparable homes to 701 Northgate Drive.
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