Investment Potential for 701 Hayes Ave

The property has a current estimated value of $181,598, which is 5% below the zip median, based on public records. It last sold on April 11, 2022 for $190K. Projected long-term

is $21,600 annually ($1,800 per month) with a 92% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$190,000

Sold April 11, 2022

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$182K

($172K - $191K)

5% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 53405.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$21,600 per year($1,800 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

92%in 53405 zip code

View Rental Potential

Owners & Occupancy for 701 Hayes Ave

This property is owned by Duane L Drews. Owner contact information includes 3 phone numbers and 3 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

-$8,402

Purchased April 11, 2022

Number of Owners

1

Property Owners

Property Ownership Information

Purchase Date	April 11, 2022
Property Tax Amount	$3,316 in 2023
Purchase Price	$190,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	************* age 41
Resident 2	*************** age 30

Property Details for 701 Hayes Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

110 years

13 years older than zip median

Property Details

Property Sq Ft

Living Area

1,039 sq ft

38% below market

Lot Size

4,792 sq ft

13% below market

Price Per Sq Ft

Living Area

$175 / sq ft

47% above market

Lot Size Area

$38 / sq ft

10% above market

Property Information

Property condition, age, exterior, etc. for 701 Hayes …

Land & Location Information

Longitude: -87.818819 Latitude: 42.72491 Parcel Number (APN): 10431000…

Mortgage & Equity Information

Mortgage originated on through lender: American Pacific Mtg Corp for$******View Mortgage Details

Recommended Properties in 53405

Discover more single family homes near 701 Hayes Ave in Racine, Wisconsin. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 10 - 15 Years
$198K - $216K
Est. Value
1521 Cleveland Ave, Racine, WI 53405
3 beds · 2 baths · 1,440 sq ft · Last Sold: $125,000 in 2011 · Built: 1928
High Demand Long-Term Rental
$112K - $133K
Est. Value
4613 21st St, Racine, WI 53405
2 beds · 1 baths · 890 sq ft · Built: 1947
Owned for 5 - 10 Years
$135K - $162K
Est. Value
1773 Ohio St, Racine, WI 53405
3 beds · 1 baths · 984 sq ft · Last Sold: $60,000 in 2015 · Built: 1968
Owned for Less Than 5 Years
$131K - $152K
Est. Value
816 Arthur Ave, Racine, WI 53405
2 beds · 1 baths · 1,034 sq ft · Last Sold: $160,000 in 2022 · Built: 1930
Owner Age 55 - 65
$150K - $174K
Est. Value
3311 20th St, Racine, WI 53405
3 beds · 1 baths · 985 sq ft · Built: 1948
Owned for Less Than 5 Years
$153K - $178K
Est. Value
4100 Pierce Blvd, Racine, WI 53405
2 beds · 1 baths · 1,082 sq ft · Last Sold: $142,900 in 2022 · Built: 1958
Owner Age 65 - 75
$188K - $205K
Est. Value
610 Westlawn Ave, Racine, WI 53405
3 beds · 1 baths · 1,184 sq ft · Built: 1925
Owner Age 45 - 55
$150K - $170K
Est. Value
3722 Kinzie Ave, Racine, WI 53405
3 beds · 1 baths · 1,083 sq ft · Built: 1920
High Demand Long-Term Rental
$143K - $171K
Est. Value
2115 Orchard St, Racine, WI 53405
3 beds · 1 baths · 1,093 sq ft · Last Sold: $166,000 in 2022 · Built: 1941
High Demand Long-Term Rental
$163K - $182K
Est. Value
2117 Grove Ave, Racine, WI 53405
3 beds · 1 baths · 989 sq ft · Built: 1954
High Demand Long-Term Rental
$136K - $165K
Est. Value
1427 Indiana St, Racine, WI 53405
3 beds · 1 baths · 969 sq ft · Built: 1960
Owner Age Above 75
$142K - $157K
Est. Value
3706 Wright Ave, Racine, WI 53405
2 beds · 1 baths · 1,058 sq ft · Built: 1925
Owned for 5 - 10 Years
$142K - $153K
Est. Value
1324 Virginia St, Racine, WI 53405
2 beds · 920 sq ft · Last Sold: $95,000 in 2019 · Built: 1938
Good value per sqft
$142K - $160K
Est. Value
2811 Washington Ave, Racine, WI 53405
4 beds · 2,553 sq ft · Last Sold: $138,500 in 2004 · Built: 1901
Good value per sqft
$132K - $160K
Est. Value
1222 Grove Ave, Racine, WI 53405
3 beds · 1 baths · 1,369 sq ft · Built: 1904
Owned for 5 - 10 Years
$149K - $167K
Est. Value
4014 17th St, Racine, WI 53405
1,988 sq ft · Last Sold: $134,000 in 2020 · Built: 1962
Large Lot Advantage
$197K - $243K
Est. Value
4125 21st St, Racine, WI 53405
3 beds · 1,606 sq ft · Built: 1939
High Demand Long-Term Rental
$167K - $187K
Est. Value
1538 Cleveland Ave, Racine, WI 53405
3 beds · 1 baths · 1,129 sq ft · Built: 1948
Owned for Less Than 5 Years
$142K - $155K
Est. Value
1305 Westlawn Ave, Racine, WI 53405
2 beds · 1 baths · 944 sq ft · Last Sold: $180,000 in 2024 · Built: 1924
Owner Age 65 - 75
$137K - $155K
Est. Value
4221 15th St, Racine, WI 53405
2 beds · 1 baths · 896 sq ft · Built: 1948

Market Benchmarks

Compare data for 701 Hayes Ave in Racine County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$181,598

$191,207

-$9,609 (-5%)

$315,660

-$134,063 (-42%)

$******

$********

$****** (****%)

$491,159

-$162,569 (-33%)

YoY Price Change

****%

3.52%

386%

Year Built

1915

1928

-13 years

1962

-47 years

Living Space

1,039 sq ft

1,670 sq ft

-631 (-38%)

2,032 sq ft

-993 (-49%)

$ Per Living Sq Ft

$175

$119

$56 (47%)

$167

$8 (5%)

Lot Size

4,792 sq ft

5,489 sq ft

-697 (-13%)

10,019 sq ft

-5227 (-52%)

$ Per Lot Sq Ft

$38

$34

$3 (10%)

$32

$6 (17%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$16,969

-$2,905 (-17%)

Annual Revenue

$21,600

$24,600

-$3,000 (-12%)

$27,600

-$6,000 (-22%)

$****

$***** (****%)

$10,217

-$2,681 (-26%)

Net Operating Income

$*****

$***** (****%)

$16,969

-$2,905 (-17%)

Cap Rate

****%

—

5.16%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Occupation	Chemical Process Operator, Sc Johnson
Residence	**********
Landline	(262) 598-9447
Distance from Property	**********
Email Address	*******************@yahoo.comView Email

Property Condition	****View Condition
Property Type	Single Family Home
Total Bedrooms	4
Total Bathrooms	1
Year Built	1915
Building Sq Ft	1,039 sq ft
Lot Size	0 Acres
Living Space	1,039 sq ft
Heating / Fuel	Central
Air Conditioning	Central A/C

APN	10431000
Census Tract	0006002010
Municipality	City Of Racine
County	Racine
Subdivision	Maple Grove Add
Zoning	R2
Neighborhood	53405
Longitude / Latitude	-87.818819 / 42.72491
Lot Size	4,792 sq ft

Loan Amount	$******
Lender	American Pacific Mtg Corp
Origination Date	April 26, 2022
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	************
Equity	View Equity

701 Hayes Ave Racine, WI 53405

property value

$181,598

market valuation

$191,207

market valuation

$184,881

investment intelligence

Investment Potential for 701 Hayes Ave

rental income

property appreciation

Last Sale Amount

$190,000

property value

$182K

($172K - $191K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 701 Hayes Ave

Occupancy

Appreciation Since Purchased

-$8,402

Number of Owners

1

Property Owners

Duane L Drews, age **

Property Ownership Information

Occupancy

Property Details for 701 Hayes Ave

Estimated Mortgage Balance

Estimated Equity

$*****

Property Age

110 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 53405

$198K - $216K

Est. Value

1521 Cleveland Ave, Racine, WI 53405

3 beds · 2 baths · 1,440 sq ft · Last Sold: $125,000 in 2011 · Built: 1928

$112K - $133K

Est. Value

4613 21st St, Racine, WI 53405

2 beds · 1 baths · 890 sq ft · Built: 1947

$135K - $162K

Est. Value

1773 Ohio St, Racine, WI 53405

3 beds · 1 baths · 984 sq ft · Last Sold: $60,000 in 2015 · Built: 1968

$131K - $152K

Est. Value

816 Arthur Ave, Racine, WI 53405

2 beds · 1 baths · 1,034 sq ft · Last Sold: $160,000 in 2022 · Built: 1930

$150K - $174K

Est. Value

3311 20th St, Racine, WI 53405

3 beds · 1 baths · 985 sq ft · Built: 1948

$153K - $178K

Est. Value

4100 Pierce Blvd, Racine, WI 53405

2 beds · 1 baths · 1,082 sq ft · Last Sold: $142,900 in 2022 · Built: 1958

$188K - $205K

Est. Value

610 Westlawn Ave, Racine, WI 53405

3 beds · 1 baths · 1,184 sq ft · Built: 1925

$150K - $170K

Est. Value

3722 Kinzie Ave, Racine, WI 53405

3 beds · 1 baths · 1,083 sq ft · Built: 1920

$143K - $171K

Est. Value