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Malta 60150 Prairie Springs
724 Prairie Pond Circle
$315,000
● House - Off Market

724 Prairie Pond Circle

Malta, IL 60150
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$2,123
Est. Monthly
7.33%
Cap Rate

About This Property

Come see this fabulous rambling ranch that has been remodeled for your fussiest client! All new flooring, fresh paint, new appliances and so much more! This one is move in ready and check out the huge deck for those warm summer nights and fantastic large fenced yard! Just a little bit of country yet close to DeKalb and Northern Illinois University! Full basement just waiting to be finished for more living space! Great interior layout for the whole family! See this one before it is gone!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$175
Property Type
House
Property Taxes
$575
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.

Property Highlights

Garage
Air Conditioning
Fireplace

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
  • 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: 12,632
  • 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: PRAIRIE SPRINGS SUBDIVISION
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 9-13 - PRAIRIE SPRINGS SUBDIVISION - PLAT NO 1

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000300

Geography

  • Account Number: 0722450006
  • District: MA
  • Parcel: 07-22-450-006
  • Lot: 9-13
  • Municipality: MALTA
  • Latitude: 41.9266
  • Longitude: -88.8724

    Address

  • Full Address: 724 Prairie Pond Cir
  • Address - House Number: 724
  • Address - Street Name: Prairie Pond
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Malta
  • Carrier Code: R001
  • 4-Digit Zip Code: 2009
  • Zip Code: 60150

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $678,964
  • Tax Rate Code Area: MA51

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 288,183
  • High Value: 339,239
  • Low Value: 237,127

    Market Valuation

  • Market Total Value: $246,657
  • Market Land Value: $70,476
  • Market Improvement Value: $176,181

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,219
  • Assessed Land Value: $23,492
  • Assessed Improvements Value: $58,727

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2006
  • Current Sale Recording Date: Oct 16, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006019203
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 Prairie Springs

Stats & Trends

Median Asking:

$299,995

Sale Price/ft²

$188

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1990 ft²

Average Home Age

1 years

Currently For Sale

1 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: John Hoffman, Whyrent Real Estate Company
Data Source: MRED, MLS# MRD12320978
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 724 Prairie Pond Circle built and last sold?
The property at 724 Prairie Pond Circle was built in and last sold on Oct 12, 2006 for $239,500.
How much is this home worth?
The estimated value of the home located at 724 Prairie Pond Circle is $0.
What are some comparable homes to 724 Prairie Pond Circle?
There are currently no comparable homes to 724 Prairie Pond Circle.
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