$212,000
●
House -
Off Market
112 Colchester Drive
Normal, IL 61761
3 Beds
3 Baths
3,602 Ft²
$228,774
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Lovely spacious ranch in a quiet neighborhood in Normal close to
schools! Well taken care of 3 bedroom 3 bath gem! Updated eat-in
kitchen, new refrigerator, newer quartz countertops! Spacious
family room w/ large windows, new flooring (Hickory Laminate with a
30 year warranty) and fresh paint throughout! Cozy classic
fireplace with brick surround spanning the entire wall! Fantastic
enclosed porch overlooks the fully fenced yard, 2 tiered patio,
lush landscaping, mature trees! Large bedrooms including dual
closets in the master along with a full bath. A second full
bath and 2 more large bedrooms complete the main level.
Sprawling basement w/ wet bar, potential 4th bedroom, and 3rd
bath! 2 car garage & shed provides additional storage! Roof 7
yrs old. Such a wonderful home- a MUST SEE!
Unit Size
3,602 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$56
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1978
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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 #11141620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by RE/MAX Rising | $199,900 | |
| Listed by RE/MAX Rising | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Listed | $165,000 | |
| Listed | |||
| | |||
|
Beautifully updated and meticulously maintained ranch in a quiet neighborhood in Normal close to schools! Pride of ownership shows in every inch of this 3 bedroom, 3 bath gem! Updated eat-in kitchen boasts new Quartz counters! Spacious family room w/ large windows & a gas fireplace with brick surround spanning the entire wall! Fantastic enclosed porch overlooks the fully fenced yard, 2 tiered patio, lush landscaping, mature trees & a lovely pond w/ fountain! Master w/ His & Hers closets & updated en suite bath! Sprawling basement w/ wet bar, potential 4th bedroom, 3rd bath & wet bar! 2 car garage & shed provides additional storage! Roof 3-4 yrs old. Such a wonderful home- a MUST SEE! The manager has listed the unit size as 3602 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Normal
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Stacey Jewett, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11141620
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11141620
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