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Urbana 61801
1304 Briarcliff Drive
$157,500
● House - Off Market

1304 Briarcliff Drive

Urbana, IL 61801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
832 Ft²
$1,012
Est. Monthly
11.90%
Cap Rate

About This Property

Cute, cute, cute!!! Almost every inch of this home has been touched. Roof and gutters-2025. Siding-2025. Gutters-2025. Windows-2024. 6' white vinyl fence-2023. New sewer line ($9K cost)-2023. Kitchen remodel including lights, cabinets and tops and floating shelves-2022/2023. Garbage disposal- 2024 toilet-2024. Bathroom vanity-2023. Water Heater-2018. All appliances new -2021.
Unit Size
832 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$189
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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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: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,391
  • Total Building Area: 845
  • Building Area: 845
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRLAWN PARK 5TH ADD
  • Land Acres: 0000000147
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 69 FAIRLAWN PARK 5TH ADD

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005601

Geography

  • District: 09
  • Parcel: 92-21-16-378-034
  • Lot: 69
  • Meridian: SEC 16 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1006
  • Longitude: -88.1929

    Address

  • Full Address: 1304 Briarcliff Dr
  • Address - House Number: 1304
  • Address - Street Name: Briarcliff
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: C027
  • 4-Digit Zip Code: 5306
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $267,786
  • Tax Rate Code Area: 9203

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 116,447
  • High Value: 146,221
  • Low Value: 86,674

    Market Valuation

  • Market Total Value: $74,220
  • Market Land Value: $29,790
  • Market Improvement Value: $44,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,740
  • Assessed Land Value: $9,930
  • Assessed Improvements Value: $14,810

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R10551
  • Previous Sale Recording Date: Jan 15, 2021
  • Previous Sale Contract Date: Jan 07, 2021
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Urbana

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1734 ft²

Average Home Age

52.8 years

Currently For Sale

85 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 1306 E Green Street, Urbana, IL, 61802

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,761 ft²
1306 E Green Street, Urbana, IL, 61802 Listing by Carol Meinhart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeffrey Finke, Coldwell Banker R.E. Group
Data Source: MRED, MLS# MRD12348313
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 1304 Briarcliff Drive built and last sold?
The property at 1304 Briarcliff Drive was built in 1952 and last sold on Apr 30, 2021 for $106,000.
How much is this home worth?
The estimated value of the home located at 1304 Briarcliff Drive is $0.
What are some comparable homes to 1304 Briarcliff Drive?
There are currently no comparable homes to 1304 Briarcliff Drive.
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