1718 Rochester Ct Iowa City, IA 52245

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3 beds · 2 baths · 1,678 sq ft · Lot Size: 12,632 sq ft · Single Family Home · Morningside-Glendale
Est. Property Value: $318,852

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1718 Rochester Ct is in the Morningside-Glendale neighborhood of Iowa City, IA. It is located in Johnson County and ZIP code 52245. This Single Family Home was built in 1962 and is approximately 63 years old. The single family home spans 1678 sq ft with 3 bedrooms and 2 bathrooms and sits on a 12632 sq ft lot. According to public records, it has a tax-assessed value of $405,260, which is $190 per sq ft. The Morningside-Glendale area of Iowa City has 239 residential homes with an average size of 1398 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1718 Rochester Ct Iowa City, IA 52245 with Property Intel by Whitepages.

1718 Rochester Ct

Iowa City, IA 52245

Owner Info

Owners & Occupancy for 1718 Rochester Ct

This property is owned by Mark N Gomez. Owner contact information includes 12 phone numbers and 4 email addresses.

Property Owners

Cell Phone(773) ***-****View Cell Phone
Residence*************
Landline(610) 867-4348
Distance from Property**********
Email Address*******@aol.comView Email

Occupancy

Resident 1************************** age 32
Resident 2****************

Property Financials for 1718 Rochester Ct

1718 Rochester Ct, Iowa City, IA has no known mortgage. The Johnson county assessment for 2024 values it at $405,260, with annual taxes of $7,624.

Property Tax

Property Tax Amount$7,624 in 2024
Assessed Value$405,260 on 2024

Investment Potential for 1718 Rochester Ct

The property has a current estimated value of $318,852, which is 22% above the neighborhood median. Projected long-term rental income is $28,200 annually ($2,350 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 52245 zip code
 
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Property Details for 1718 Rochester Ct

Property Details

Property Sq Ft

Living Area

1,678 sq ft

20% above market

Lot Size

12,632 sq ft

35% above market

Price Per Sq Ft

Living Area

$190 / sq ft

0% above market

Lot Size Area

$25 / sq ft

9% below market

Property condition, age, exterior, etc. for 1718 Roche…
Longitude: -91.510527 Latitude: 41.663663 Parcel Number (APN): 1011427011…

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Market Benchmarks

Compare data for 1718 Rochester Ct in Johnson County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$318,852
$197,815
$121,036 (61%)
$301,701
$40,769 (14%)
YoY Price Change
2.63%
101%
Year Built
1962
1966
-4 years
Living Space
1,678 sq ft
1,560 sq ft
118 (8%)
$ Per Living Sq Ft
$190
$125
$65 (52%)
Lot Size
12,632 sq ft
10,500 sq ft
2132 (20%)
$ Per Lot Sq Ft
$25
$17
$8 (49%)

Net Operating Income
$12,551
$1,929 (15%)
Annual Revenue
$28,200
$19,800
$8,400 (42%)
$6,801
$6,919 (102%)
Net Operating Income
$12,551
$1,929 (15%)
Cap Rate
6.37%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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