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Normal 61761
1104 David Drive
$168,000
● House - Off Market

1104 David Drive

Normal, IL 61761
bedrooms
2 Beds
bathrooms
1 Bath
square feet
971 Ft²
$1,179
Est. Monthly
13.28%
Cap Rate

About This Property

Stunning 2 bed 1 bath ranch in Normal! This cozy ranch shows pride of ownership throughout and offers ample updates making it a great move-in ready option. Beautiful hardwood floors freshly installed in the living room, dining room, kitchen, hallway and laundry room. New carpet in the 2 bedrooms. Newer vanity and sink in the hall bathroom with some recent plumbing updates. New sewer line, hvac, hot water heater and house roof in 2012 per prior listing. Covered patio and fully fenced backyard. Bonus room/workshop that is attached to the garage has a gas line present for heat and has power. Don't miss out on this great ranch in Normal!
Unit Size
971 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 827
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 610
  • Total Building Area: 971
  • Building Area: 971
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 971
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHOOL VIEW SUB
  • Land Acres: 0000000168
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SCHOOL VIEW SUB LOT 33

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000301

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-29-405-013
  • Lot: 33
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5064
  • Longitude: -89.007

    Address

  • Full Address: 1104 David Dr
  • Address - House Number: 1104
  • Address - Street Name: David
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: C050
  • 4-Digit Zip Code: 2831
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $369,436
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 168,055
  • High Value: 199,564
  • Low Value: 136,546

    Market Valuation

  • Market Total Value: $123,378
  • Market Land Value: $28,335
  • Market Improvement Value: $95,043

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,126
  • Assessed Land Value: $9,445
  • Assessed Improvements Value: $31,681

    Sales

  • Current Sale Contract Date: Jul 13, 2017
  • Current Sale Recording Date: Jul 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-00013073
  • Previous Sale Recording Date: Jul 09, 2012
  • Previous Sale Contract Date: Jun 29, 2012
  • Previous Sale Amount: $101,000
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2130 ft²

Average Home Age

40 years

Currently For Sale

44 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: Jaiden Snodgrass, RE/MAX Rising
Data Source: MRED, MLS# MRD12444015
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 1104 David Drive built and last sold?
The property at 1104 David Drive was built in 1956 and last sold on Jul 13, 2017 for $107,500.
How much is this home worth?
The estimated value of the home located at 1104 David Drive is $0.
What are some comparable homes to 1104 David Drive?
There are currently no comparable homes to 1104 David Drive.
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