$145,000
●
Condo -
Off Market
7634 Silver Maple Trail #2
Cherry Valley, IL 61016
2 Beds
2 Baths
1,372 Ft²
$154,465
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
PRISTINE CONDO IN A GREAT CHERRY VALLEY LOCATION! White trim
throughout, built-in shelves, coffered & tray ceilings are just a
few things that will impress. This living area has an open feel
with sliders that lead out to a nice deck for a great place to
entertain and relax with friends and family. On cold nights you can
cozy up to the wood fireplace. The kitchen features oak cabinetry,
breakfast bar and room for a nice size table. The living room is
big enough for a dining room combo large enough for a good sized
table. The master bedroom will check all your boxes with a walk-in
closet as well as a full en-suite bathroom. There is a first floor
laundry with storage. WITH FRESH PAINT & NEW CARPET THIS CONDO IS
BRIGHT,CLEAN, & MOVE-IN READY!
Unit Size
1,372 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
Condo
Property Taxes
$303
HOA Dues
$246
Year Built
2005
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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 #11321739)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Keller Williams Realty Signature | $150,000 | |
| Listed by Keller Williams Realty Signature | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features
Rooms: 5
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Vinyl Siding, Brick
Age: 16-20 Years
Rebuilt(Y/N): No
Parcel Number: 1235202048
Property Type: Residential
Year Built: 2005
No Disability Access
Special Conditions: None
Exterior Features: Deck
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $3,638
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Rockford
Corporate Limits: Cherry Valley
Directions: Newburg Road to White Oak Trail to left on Silver Maple Trail
County or Parish: Winnebago
Elementary School District: 205
Elementary School: Cherry Valley Elementary School
Middle Or Junior School District: 205
Middle Or Junior School: Bernard W Flinn Middle School
High School District: 205
High School: Rockford East High School
Other Details
Association Fee Includes: Water, Lawn Care, Snow Removal, Other
Association Fee: $246
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2022
|
2 Bed
|
2 Bath
|
1372 ft²
|
$150,000
2 Bed
2 Bath
1372 ft²
|
$145,000
-3.33%
03/17/2022
|
Toni VanderHeyden
Keller Williams Realty Signature
| |
|
01/26/2022
| |
2 Bed
|
2 Bath
|
1372 ft²
|
$150,000
2 Bed
2 Bath
1372 ft²
|
-
-
|
TONI VANDER HEYDEN
Gambino Realtors Home Builders
|
Building Info
About Cherry Valley
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Listed by: Toni VanderHeyden, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11321739
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11321739
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