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Ottawa 61350
908 Howard Street
$70,000
● House - Off Market

908 Howard Street

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
1 Bath
square feet
788 Ft²
$587
Est. Monthly
45.53%
Cap Rate

About This Property

3 bedroom 1 bath home with 1 car garage. Buyer to verify all listing information. HUD CASE #132-273146. Property is owned by the US Dept. of HUD, seller makes no representations or warranties as to property condition, HUD Homes are sold "as-is", IE, Subject to appraisal, EHO. Seller has no records or reports pertaining to Lead based paint and/or lead based paint hazards.to closing; seller will prosecute trespassers. All showing agents must sign in at the property for EVERY showing.
Unit Size
788 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$81
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1935

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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

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 4,356
  • Total Building Area: 694
  • Gross Building Area: 694
  • Building Area: 694
  • Building Area Measurement: T

    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: MASONS ADD
  • Land Acres: 0000000100
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MASON'S ADD TO OTTAWA N 1/2 LOT 12 BLK 1

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963500

Geography

  • District: SO
  • Parcel: 22-13-301-012
  • Block: 1
  • Lot: 12
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3312
  • Longitude: -88.8344

    Address

  • Full Address: 908 Howard St
  • Address - House Number: 908
  • Address - Street Name: Howard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4056
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,838
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 68
  • Final Value: 106,119
  • High Value: 130,468
  • Low Value: 81,771

    Market Valuation

  • Market Total Value: $79,488
  • Market Land Value: $19,767
  • Market Improvement Value: $59,721

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,496
  • Assessed Land Value: $6,589
  • Assessed Improvements Value: $19,907
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 Ottawa

Stats & Trends

Median Asking:

$229,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1766 ft²

Average Home Age

51 years

Currently For Sale

70 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: Andrea Greenwalt, Janko Realty & Development - Peru
Data Source: MRED, MLS# MRD12428348
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 908 Howard Street built and last sold?
The property at 908 Howard Street was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 908 Howard Street is $0.
What are some comparable homes to 908 Howard Street?
There are currently no comparable homes to 908 Howard Street.
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