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Winnebago 61103
7635 Old River Road
$120,000
● House - Off Market

7635 Old River Road

ROCKFORD, IL 61103
bedrooms
3 Beds
bathrooms
1 Bath
$212,652
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

Peace and Quiet on .83 acres! 3 bedroom ranch with new carpet, tile, newer roof and windows.  Huge, private patio overlooks expansive lot. LOW 8% tax rate. Close to golf, boat launch & I-90. Sold "AS IS" with HSA home warranty.
Unit Size
-
Days on Market
-
Land Size
0.83 acres
Price per sqft
-
Property Type
House
Property Taxes
$129
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
Parking Available

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000830
  • Standard Land Use Code: 1008
  • County Land Use Code: 11
  • Legal Description 1: EXC WLY 40FT FOR HWY BEGN AT A POINT 646FT N OF S SEC LINE + 515FT W OF W LINE PARK ST TH W359.32FT TO C/L RD TH NELY ALG C/L RD 132.55FT TH E314.86FT H

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003801

Zoning

  • Zoning: AG

Geography

  • Section: 13
  • Parcel: 07-13-452-001
  • Municipality: OWEN
  • Latitude: 42.3705
  • Longitude: -89.0644

    Address

  • Full Address: 7635 Old River Rd
  • Address - House Number: 7635
  • Address - Street Name: Old River
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R018
  • 4-Digit Zip Code: 1164
  • Zip Code: 61103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $249,902
  • Tax Rate Code Area: 155

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 174,933
  • High Value: 214,672
  • Low Value: 135,193

    Market Valuation

  • Market Total Value: $109,020
  • Market Land Value: $20,931
  • Market Improvement Value: $88,089

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,340
  • Assessed Land Value: $6,977
  • Assessed Improvements Value: $29,363

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3074
  • Previous Sale Recording Date: Jul 18, 2019
  • Previous Sale Contract Date: Jul 17, 2019
  • Previous Sale Amount: $138,000
  • 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 Winnebago

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

41

Average Home Size

1876 ft²

Average Home Age

59.6 years

Currently For Sale

260 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: TONI VANDER HEYDEN, Gambino Realtors Home Builders
Data Source: MRED, MLS# MRD06369755
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 7635 Old River Road built and last sold?
The property at 7635 Old River Road was built in and last sold on Jan 14, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 7635 Old River Road is $164,378.
What are some comparable homes to 7635 Old River Road?
There are currently no comparable homes to 7635 Old River Road.
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