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Addison 60101
808 N NEVA Avenue
$201,400
● House - Off Market

808 N NEVA Avenue

Addison, IL 60101
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,016 Ft²
$221,706
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

THREE BEDROOM, ONE BATH, TWO CAR GARAGE SHORT SALE.  THE HOME NEEDS A LITTLE TLC BUT IT WILL GET YOU SWEAT EQUITY.  HARDWOOD FLOORS UNDER CARPETING. EVERYTHING WORKS BUT HOME IS BEING SOLD AS IS.
Unit Size
1,016 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$217
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1958

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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 #11627084)

Price History

Date / Event Date Event Price
May 10, 2023 Sold
Premium
Sold
Sep 12, 2022 Listed by Coldwell Banker Realty $220,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,016
  • Gross Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD MILL ESTATES
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: OLD MILL ESTATES UNIT 2

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840104

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D3
  • Parcel: 03-20-222-043
  • Block: 1
  • Lot: 21
  • Municipality: ADDISON
  • Latitude: 41.942
  • Longitude: -87.9988

    Address

  • Full Address: 808 N Neva Ave
  • Legal Unit: 2
  • Address - House Number: 808
  • Street Direction: N
  • Address - Street Name: Neva
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C007
  • 4-Digit Zip Code: 1332
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $401,094
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 276,471
  • High Value: 319,929
  • Low Value: 233,014

    Market Valuation

  • Market Total Value: $196,380
  • Market Land Value: $92,010
  • Market Improvement Value: $104,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,460
  • Assessed Land Value: $30,670
  • Assessed Improvements Value: $34,790

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30952
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 Addison

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1969 ft²

Average Home Age

39.7 years

Currently For Sale

48 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

Rentals Near You

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MRED

Listed by: Michael Pisto, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11627084
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 808 Neva Avenue built and last sold?
The property at 808 Neva Avenue was built in 1958 and last sold on May 9, 2023 for $201,500.
How much is this home worth?
The estimated value of the home located at 808 Neva Avenue is $0.
What are some comparable homes to 808 Neva Avenue?
There are currently no comparable homes to 808 Neva Avenue.
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