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Boone 61008
8029 Huber Road
$355,000
● House - Off Market

8029 Huber Road

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$1,961
Est. Monthly
7.11%
Cap Rate

About This Property

Great location in Southern Boone County just minutes from I-90. 5 acres zoned Ag with 2 metal buildings (24x36 & 24x30)and tons of chicken coops. 3 bedroom ranch with a walk out basement. *1/2 bathroom is in basement so would be great to finish off how you wanted. Nice hardwood floors under carpeting throughout all of upstairs (except kitchen and bathroom). Beautiful hand-built china hutch in the living room and french doors out to deck overlooking the 5 acres.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
4.85 acres
Price per sqft
$268
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,248
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 16-43-4 W 5 ACS OF SW1/4 NW1/4 8029 HUBER RD

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010400

Zoning

  • Zoning: 1

Geography

  • Account Number: 08-08-16-100-007
  • District: 080
  • Parcel: 08-16-100-007
  • Municipality: SPRING
  • Latitude: 42.207
  • Longitude: -88.7832

    Address

  • Full Address: 8029 Huber Rd
  • Address - House Number: 8029
  • Address - Street Name: Huber
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R007
  • 4-Digit Zip Code: 9395
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $373,534

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 86
  • Final Value: 300,245
  • High Value: 336,920
  • Low Value: 263,571

    Market Valuation

  • Market Total Value: $221,814
  • Market Land Value: $89,859
  • Market Improvement Value: $131,955

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,938
  • Assessed Land Value: $29,953
  • Assessed Improvements Value: $43,985

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2006
  • Current Sale Recording Date: Feb 03, 2006
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000001285
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 Boone

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$156

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2375 ft²

Average Home Age

37.1 years

Currently For Sale

59 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: Angie Wait, Keller Williams Realty Signature
Data Source: MRED, MLS# MRD12348127
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 8029 Huber Road built and last sold?
The property at 8029 Huber Road was built in 1971 and last sold on Feb 3, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 8029 Huber Road is $0.
What are some comparable homes to 8029 Huber Road?
There are currently no comparable homes to 8029 Huber Road.
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