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Geneva 60134
708 Redwing Drive
$425,000
● House - Off Market

708 Redwing Drive

Geneva, IL 60134
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,203 Ft²
$424,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Single family in Geneva. Perfect opportunity to bring in all your own ideas and make this home your own! Kitchen with all new stainless-steel appliances. Master suite with full master bath and enjoy your family room fireplace. Basement and 2 car attached garage. Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.
Unit Size
2,203 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$773
HOA Dues
-
Year Built
1978

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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 #11913593)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Oct 20, 2023 Listed by Grandview Realty, LLC $424,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 864
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Total Building Area: 3,067
  • Gross Building Area: 3,067
  • Building Area: 2,203
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,203
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLENDALE 03 PH 01
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 30 ALLENDALE UNIT 3 PHASE 1

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852606

Geography

  • Subdivision Phase Number: 1
  • Parcel: 12-15-102-008
  • Lot: 30
  • Municipality: GENEVA
  • Latitude: 41.8663
  • Longitude: -88.3208

    Address

  • Full Address: 708 Redwing Dr
  • Address - House Number: 708
  • Address - Street Name: Redwing
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Geneva
  • Carrier Code: C010
  • 4-Digit Zip Code: 3142
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $927,624
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 422,559
  • High Value: 459,733
  • Low Value: 385,384

    Market Valuation

  • Market Total Value: $366,444
  • Market Land Value: $112,533
  • Market Improvement Value: $253,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,099
  • Assessed Land Value: $37,496
  • Assessed Improvements Value: $84,603

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39699
  • Previous Sale Recording Date: Oct 17, 2023
  • Previous Sale Contract Date: Oct 16, 2023
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: 27
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 Geneva

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2107 ft²

Average Home Age

50.5 years

Currently For Sale

50 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: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11913593
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 Redwing Drive built and last sold?
The property at 708 Redwing Drive was built in 1978 and last sold on Oct 24, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 708 Redwing Drive is $0.
What are some comparable homes to 708 Redwing Drive?
There are currently no comparable homes to 708 Redwing Drive.
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