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Danville 61832
929 Garfield Place
$58,000
● House - Off Market

929 Garfield Place

Danville, IL 61832
bedrooms
2 Beds
bathrooms
1 Bath
square feet
990 Ft²
$360
Est. Monthly
54.53%
Cap Rate

About This Property

This charming all-brick home is cute as can be and completely move-in ready-offered at a great price! You'll love the bright and welcoming glassed-in front porch, perfect for morning coffee or evening relaxation. The full basement is dry and offers plenty of potential for storage or extra living space. Situated on a spacious lot with a generous backyard, this 2-bedroom, 1-bath home also features a detached 1-car garage. A solid and cozy find you won't want to miss!
Unit Size
990 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$51
Property Type
House
Property Taxes
$114
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
Air Conditioning

Building Info

Overview

    General

  • 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: 9,583
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 530
  • Total Building Area: 0
  • Building Area: 0

    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: MARTHA F J ANKERS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: MARTHA F J ANKERS ADD TO DANVILLE L9

Neighborhood

  • School District Name: Danville Community Consolidated School District 118
  • Census Tract: 000400

Geography

  • District: DA
  • Parcel: 23-04-218-024
  • Lot: 9E
  • Meridian: SEC 04 TWN 19N RNG 11W
  • Municipality: DANVILLE
  • Latitude: 40.1414
  • Longitude: -87.6037

    Address

  • Full Address: 929 Garfield Pl
  • Address - House Number: 929
  • Address - Street Name: Garfield
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Danville
  • Carrier Code: C038
  • 4-Digit Zip Code: 3332
  • Zip Code: 61832

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $123,700
  • Tax Rate Code Area: DN004

    Appraisal Valuation

  • Standard Deviation: 0.2861
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 42
  • Final Value: 150,856
  • High Value: 194,025
  • Low Value: 107,686

    Market Valuation

  • Market Total Value: $52,893
  • Market Land Value: $2,388
  • Market Improvement Value: $50,505

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,631
  • Assessed Land Value: $796
  • Assessed Improvements Value: $16,835

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8875
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 Danville

Stats & Trends

Median Asking:

$85,325

Sale Price/ft²

$75

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1533 ft²

Average Home Age

73.1 years

Currently For Sale

10 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: Jeff Klotz, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12362105
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 929 Garfield Place built and last sold?
The property at 929 Garfield Place was built in and last sold on Dec 22, 2020 for $40,000.
How much is this home worth?
The estimated value of the home located at 929 Garfield Place is $50,479.
What are some comparable homes to 929 Garfield Place?
There are currently no comparable homes to 929 Garfield Place.
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