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Heyworth 61745
1101 Wakefield Drive
$285,000
● House - Off Market

1101 Wakefield Drive

Heyworth, IL 61745
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,640 Ft²
$1,461
Est. Monthly

About This Property

No back yard neighbors!! All brick front ranch home located in much desired. Wyndhaven. Well cared for 4 bedroom, two and a half bath home. Front bedroom could be office or den if preferred.  Two fireplaces. Laundry can be on first floor or basement. Nice sized deck. Enjoy the privacy of your deck or patio or enjoy the covered front porch! Storage shed remains. Presently there is a ramp in the garage.  Seller will remove if not wanted. All schools in town.  Presently 100% disabled Veteran status so taxes are $0
Unit Size
1,640 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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.

Last updated: 3 years ago (MRED MLS #11961455)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Jan 18, 2024 Listed by Coldwell Banker Real Estate Group $297,500
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 9,147
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYNDHAVEN SUB
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 21 WYNDHAVEN SUB SECOND PLAT PT N 1/2 34-22-2E

Neighborhood

  • School District Name: Heyworth Community Unit School District 4
  • Census Tract: 005402

Geography

  • District: 25
  • Parcel: 28-34-251-014
  • Lot: 21
  • Municipality: RANDOLPH
  • Latitude: 40.3214
  • Longitude: -88.964

    Address

  • Full Address: 1101 Wakefield Dr
  • Address - House Number: 1101
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Heyworth
  • Carrier Code: R004
  • 4-Digit Zip Code: 9670
  • Zip Code: 61745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 2506

    Appraisal Valuation

  • Standard Deviation: 0.0907
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 298,668
  • High Value: 325,760
  • Low Value: 271,575

    Market Valuation

  • Market Total Value: $204,765
  • Market Land Value: $30,411
  • Market Improvement Value: $174,354

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,255
  • Assessed Land Value: $10,137
  • Assessed Improvements Value: $58,118

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 3005
  • Previous Sale Recording Date: Jun 01, 2012
  • Previous Sale Contract Date: May 23, 2012
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: 71
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 Heyworth

Stats & Trends

Median Asking:

$233,750

Sale Price/ft²

$131

Below Asking

0.02%

Average Days on Market

42

Average Home Size

2245 ft²

Average Home Age

30.2 years

Currently For Sale

6 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: Caroline Bird, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11961455
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 1101 Wakefield Drive built and last sold?
The property at 1101 Wakefield Drive was built in 1999 and last sold on Mar 6, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 1101 Wakefield Drive is $0.
What are some comparable homes to 1101 Wakefield Drive?
There are currently no comparable homes to 1101 Wakefield Drive.
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