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Ashton 61006
708 Paddock Avenue
$165,000
● House - Off Market

708 Paddock Avenue

Ashton, IL 61006
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,336 Ft²
$1,090
Est. Monthly
15.42%
Cap Rate

About This Property

Welcome to this well-maintained large home, a harmonious blend of historic charm situated in a large lot.  The inviting wrap-around porch sets the tone for the warmth and character found within.  Inside, you'll find a generous living room measuring, a well-appointed kitchen, and a formal dining room good size.  On the second floor, you will find three spacious bedrooms with good-sized closets.  Two and a half bathrooms with a two-car garage. Property is selling As-Is condition.
Unit Size
2,336 Ft²
Days on Market
-
Land Size
-
Price per sqft
$71
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1885

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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

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,530
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,326
  • Building Area: 2,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,326
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PADDOCK AND WILLIAMS
  • Land Acres: 0000000242
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:00 TWP:00 RNG/BLK:001 PADDOCK WILLIAMS ADD TO ASHTON LT 2 9009-0704

Neighborhood

  • School District Name: Ashton Community Unit School District 275
  • Census Tract: 000100

Geography

  • Account Number: 162769
  • District: 03
  • Parcel: 03-04-27-154-005
  • Block: 1
  • Lot: 2,9009
  • Municipality: ASHTON
  • Latitude: 41.8683
  • Longitude: -89.2235

    Address

  • Full Address: 708 Paddock Ave
  • Address - House Number: 708
  • Address - Street Name: Paddock
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Ashton
  • Carrier Code: R777
  • 4-Digit Zip Code: 9261
  • Zip Code: 61006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $265,440
  • Tax Rate Code Area: 03001

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 150,146
  • High Value: 174,820
  • Low Value: 125,473

    Market Valuation

  • Market Total Value: $110,877
  • Market Land Value: $9,438
  • Market Improvement Value: $101,439

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,959
  • Assessed Land Value: $3,146
  • Assessed Improvements Value: $33,813

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 202203953
  • Previous Sale Recording Date: Jun 10, 2009
  • Previous Sale Contract Date: May 29, 2009
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: 71

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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 Ashton

Stats & Trends

Median Asking:

$196,000

Sale Price/ft²

$103

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1825 ft²

Average Home Age

99 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

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MRED

Listed by: Daniel Hernandez, NAIM LUXE REALTY LLC
Data Source: MRED, MLS# MRD12287938
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 708 Paddock Avenue built and last sold?
The property at 708 Paddock Avenue was built in 1885 and last sold on Sep 13, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 708 Paddock Avenue is $176,106.
What are some comparable homes to 708 Paddock Avenue?
There are currently no comparable homes to 708 Paddock Avenue.
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