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Bloomington 61704
1241 Royal Pointe Drive
$284,500
● House - Off Market

1241 Royal Pointe Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,302 Ft²
$1,982
Est. Monthly
9.69%
Cap Rate

About This Property

Enjoy The sun rise  from the back patio and the sun set sitting on the front porch of this beautiful house with a great floor plan! Unit-5 schools! Double Staircase, spacious master suite with Huge bath tub & Separate Shower,   3 additional generously sized bedrooms & a full bath on the 2nd floor. Formal dining room, living room, family room with fireplace. Eat-in kitchen opens up to a patio with no back yard neighbors. New Roof in Nov.2014 and new windows in 2024. Full Unfinished Basement with rough in for full  bath ready to be finished . Spacious 2-car garage. Close to parks, shopping, and trails.
Unit Size
2,302 Ft²
Days on Market
-
Land Size
-
Price per sqft
$126
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1994

Payment Calculator

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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: 2 years ago (MRED MLS #12301365)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Mar 7, 2025 In contract -
In contract
Mar 5, 2025 Listed by RE/MAX Choice $289,900
Listed by RE/MAX Choice

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,481
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,704
  • Gross Building Area: 2,704
  • Building Area: 2,221
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,221
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROYAL POINTE SUB
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: ROYAL POINTE SUB 4TH ADD LOT 110

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001105

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 14-36-409-002
  • Lot: 110
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.495
  • Longitude: -88.9302

    Address

  • Full Address: 1241 Royal Pointe Dr
  • Address - House Number: 1241
  • Address - Street Name: Royal Pointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R018
  • 4-Digit Zip Code: 8213
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $615,916
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 284,459
  • High Value: 343,627
  • Low Value: 225,292

    Market Valuation

  • Market Total Value: $209,115
  • Market Land Value: $38,229
  • Market Improvement Value: $170,886

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,705
  • Assessed Land Value: $12,743
  • Assessed Improvements Value: $56,962

    Sales

  • Current Sale Contract Date: Sep 01, 2006
  • Current Sale Recording Date: Sep 08, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006-00024938

    Financing

  • First Mortgage Financing Type: ADJ
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 Bloomington

Stats & Trends

Median Asking:

$261,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2450 ft²

Average Home Age

60.6 years

Currently For Sale

99 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

Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,850 /mo

  • 4 Beds
  • 2 Baths
  • 3,196 ft²
3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mahmoud Qatanani, RE/MAX Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 12301365
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 1241 Royal Pointe Drive built and last sold?
The property at 1241 Royal Pointe Drive was built in 1994 and last sold on Sep 1, 2006 for $180,500.
How much is this home worth?
The estimated value of the home located at 1241 Royal Pointe Drive is $0.
What are some comparable homes to 1241 Royal Pointe Drive?
There are currently no comparable homes to 1241 Royal Pointe Drive.
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