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Gifford 61847
Lot 112 N Pointe Drive
$23,000
● Land - Off Market

Lot 112 N Pointe Drive

Gifford, IL 61847
bedrooms
Studio
bathrooms
0 Bath
$207
Est. Monthly

About This Property

Large Premium Waterfront lot
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
$94
HOA Dues
-
Year Built
2001

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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.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 8
  • Basement Area: 2,135
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 6
  • Patio Type: 59
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,691
  • Total Building Area: 4,990
  • Gross Building Area: 4,990
  • Building Area: 2,135
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,135
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH POINTE II SUB
  • Land Acres: 0000000452
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 225 NORTH POINTE II SUB

Neighborhood

  • School District Name: Rantoul Township High School District 193
  • School Tax School District: 101
  • Census Tract: 010400

Geography

  • District: 11
  • Parcel: 11-04-35-476-001
  • Lot: 225
  • Meridian: SEC 35 TWN 22N RNG 10E
  • Municipality: HARWOOD
  • Latitude: 40.3162
  • Longitude: -88.0236

    Address

  • Full Address: 112 N Pointe Dr
  • Address - House Number: 112
  • Street Direction: N
  • Address - Street Name: Pointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gifford
  • Carrier Code: R021
  • 4-Digit Zip Code: 9771
  • Zip Code: 61847

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $712,092
  • Tax Rate Code Area: 1109

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 362,270
  • High Value: 437,332
  • Low Value: 287,208

    Market Valuation

  • Market Total Value: $290,700
  • Market Land Value: $38,850
  • Market Improvement Value: $251,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,900
  • Assessed Land Value: $12,950
  • Assessed Improvements Value: $83,950

    Exemptions

  • Homeowner Exemption: Yes
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 Gifford

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$147

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1780 ft²

Average Home Age

56.5 years

Currently For Sale

2 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: Phillip Trautman, Champaign County Realty
Data Source: MRED, MLS# MRD12270708
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 112 North Pointe Drive built and last sold?
The property at 112 North Pointe Drive was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 112 North Pointe Drive is $0.
What are some comparable homes to 112 North Pointe Drive?
There are currently no comparable homes to 112 North Pointe Drive.
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