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Boone 61008
962 Weatherfield Way
$40,000
● Land - Off Market

962 Weatherfield Way

Belvidere, IL 61008
bedrooms
Studio
bathrooms
0 Bath
$321
Est. Monthly

About This Property

Great buildable lot in the beautiful subdivision of Stonegate located off of Olson Road and Squaw Prairie in the low tax rate of Boone County and within seven minutes from I-90. The property is set up for partial to full exposure on west side. Amazing schools in District #100: Seth Whitman Grade School, Central Middle School and Belvidere North High School, all next to one another. We planned to build on this lot in 2020 and then Covid hit. We had the preparations to build on this lot, i.e., perk test, soil test and is well and septic. Go check it out. You won't be disappointed with this lot and the homes surrounding it.
Unit Size
-
Days on Market
-
Land Size
1.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$75
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

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: 47,480
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: STONEGATE FINAL
  • Land Acres: 0000001090
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: 18-44-3 STONEGATE LOT 3 S 143.04 W 354.78 N 140 E 326.63

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010501

Zoning

  • Zoning: RC

Geography

  • Account Number: 05-05-18-227-008
  • District: 050
  • Parcel: 05-18-227-008
  • Lot: 3
  • Municipality: BELVIDERE
  • Latitude: 42.2952
  • Longitude: -88.9216

    Address

  • Full Address: 962 Weatherfield Way
  • Address - House Number: 962
  • Address - Street Name: Weatherfield
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R008
  • 4-Digit Zip Code: 8107
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $88,936

    Market Valuation

  • Market Total Value: $31,404
  • Market Land Value: $31,404

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,468
  • Assessed Land Value: $10,468

    Sales

  • Current Sale Contract Date: Oct 01, 2013
  • Current Sale Recording Date: Oct 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000007714
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:

$280,000

Sale Price/ft²

$154

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2312 ft²

Average Home Age

40.7 years

Currently For Sale

65 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: Kirk Bennett, ByOwner.com
Data Source: MRED, MLS# MRD12277536
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 962 Weatherfield Way built and last sold?
The property at 962 Weatherfield Way was built in and last sold on Oct 1, 2013 for $42,000.
How much is this home worth?
The estimated value of the home located at 962 Weatherfield Way is $0.
What are some comparable homes to 962 Weatherfield Way?
There are currently no comparable homes to 962 Weatherfield Way.
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