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Thomasboro 61878
703 W Frederick Street
$105,000
● House - Off Market

703 W Frederick Street

Thomasboro, IL 61878
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$116,576
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Affordable ranch with 3 bedrooms, 2 baths and attached 2 car garage. Lots of space and a great lot in Thomasboro. With a few cosmetic updates, this could be your dream home! Owners selling "as is" due to moving out of the area. Schedule your showing today!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$58
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
-

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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 #11238533)

Price History

Date / Event Date Event Price
Apr 4, 2022 Sold
Premium
Sold
Oct 5, 2021 Listed by The McDonald Group $115,000
Listed by The McDonald Group

Property Highlights

Garage
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: 18,139
  • 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: SCHLUTERS 3RD SUB
  • Land Acres: 0000000416
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 33 SCHLUTERS 3RD SUB

Neighborhood

  • School District Name: Thomasboro Community Consolidated School District 130
  • School Tax School District: 101
  • Census Tract: 010400

Geography

  • District: 20
  • Parcel: 20-09-29-428-001
  • Lot: 33
  • Meridian: SEC 29 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.2436
  • Longitude: -88.1938

    Address

  • Full Address: 703 W Fredrick
  • Address - House Number: 703
  • Street Direction: W
  • Address - Street Name: Fredrick
  • State: IL
  • City Name: Thomasboro
  • Carrier Code: R078
  • 4-Digit Zip Code: 9761
  • Zip Code: 61878

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $166,786
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 117,403
  • High Value: 148,899
  • Low Value: 85,907

    Market Valuation

  • Market Total Value: $79,260
  • Market Land Value: $17,370
  • Market Improvement Value: $61,890

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,420
  • Assessed Land Value: $5,790
  • Assessed Improvements Value: $20,630

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6097
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 Thomasboro

Stats & Trends

Median Asking:

$146,000

Sale Price/ft²

$99

Below Asking

0.03%

Average Days on Market

79

Average Home Size

1417 ft²

Average Home Age

55.7 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

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MRED

Listed by: Creg McDonald, The McDonald Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11238533
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 703 West Frederick Street built and last sold?
The property at 703 West Frederick Street was built in and last sold on Mar 28, 2022 for $105,000.
How much is this home worth?
The estimated value of the home located at 703 West Frederick Street is $0.
What are some comparable homes to 703 West Frederick Street?
There are currently no comparable homes to 703 West Frederick Street.
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