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DeKalb 60115
714 Franklin Street
$110,100
● House - Off Market

714 Franklin Street

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,024 Ft²
$111,406
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Great starter home or investment opportunity.  Cozy 3-bedroom, 2-bathroom home.  Living room, family room, eat-in kitchen, and 1st floor laundry/utility room.  Range, washer and dryer included.  Central air conditioning, extra wide 1-car garage and rear deck.  Property being sold "AS IS"
Unit Size
1,024 Ft²
Days on Market
-
Land Size
-
Price per sqft
$107
Property Type
House
Property Taxes
$319
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 #11286968)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Dec 15, 2021 Listed by Century 21 Affiliated $109,900
Listed by Century 21 Affiliated

Property Highlights

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: 4,928
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 560
  • 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: JONES ADDITION
  • Land Acres: 0000000113
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: E 56FT LOT 1 & E 56FT N 22FT LOT 2 - BLK 47 - JONES ADDITION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001500

Geography

  • Account Number: 0823377002
  • District: DK
  • Parcel: 08-23-377-002
  • Block: 47
  • Lot: 1,2
  • Municipality: DEKALB
  • Latitude: 41.9259
  • Longitude: -88.7466

    Address

  • Full Address: 714 Franklin St
  • Address - House Number: 714
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C030
  • 4-Digit Zip Code: 3852
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $364,240
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 145,685
  • High Value: 173,709
  • Low Value: 117,661

    Market Valuation

  • Market Total Value: $118,434
  • Market Land Value: $14,592
  • Market Improvement Value: $103,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,478
  • Assessed Land Value: $4,864
  • Assessed Improvements Value: $34,614

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4377
  • Previous Sale Recording Date: Dec 30, 2016
  • Previous Sale Contract Date: Dec 30, 2016
  • 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 DeKalb

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1672 ft²

Average Home Age

40.3 years

Currently For Sale

42 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: Liane O'Keefe, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286968
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 714 Franklin Street built and last sold?
The property at 714 Franklin Street was built in and last sold on Apr 26, 2022 for $110,500.
How much is this home worth?
The estimated value of the home located at 714 Franklin Street is $0.
What are some comparable homes to 714 Franklin Street?
There are currently no comparable homes to 714 Franklin Street.
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