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Rantoul 61866
1365 Briarcliff Drive
$130,000
● House - Off Market

1365 Briarcliff Drive

Rantoul, IL 61866
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$889
Est. Monthly
16.66%
Cap Rate

About This Property

This ranch home has 4 bedrooms and 2 baths with wood floors in most rooms.  There is a nice-sized private fenced-in backyard. There is also a one-car attached garage.  Take a look at the possibilities to make this home your own. This property is being sold as is.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
-

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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: 3 years ago (MRED MLS #12125670)

Price History

Date / Event Date Event Price
Sep 10, 2024 Sold
Premium
Sold
Aug 10, 2024 In contract -
In contract
Aug 5, 2024 Listed by TOWN & COUNTRY REALTY,LLP $135,000
Listed by TOWN & COUNTRY REALTY,LLP

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,437
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTLAWN 4TH SUB
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOTS PT 73, PT OUTLOT D EASTLAWN 4TH SUB

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010100

Geography

  • District: 14
  • Parcel: 14-03-36-301-017
  • Lot: D
  • Meridian: SEC 36 TWN 22N RNG 09E
  • Municipality: LUDLOW
  • Latitude: 40.3192
  • Longitude: -88.1323

    Address

  • Full Address: 1365 Briarcliff Dr
  • Address - House Number: 1365
  • Address - Street Name: Briarcliff
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C010
  • 4-Digit Zip Code: 1701
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $241,066
  • Tax Rate Code Area: 1405

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 138,637
  • High Value: 167,362
  • Low Value: 109,911

    Market Valuation

  • Market Total Value: $100,650
  • Market Land Value: $17,550
  • Market Improvement Value: $83,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,550
  • Assessed Land Value: $5,850
  • Assessed Improvements Value: $27,700

    Exemptions

  • Senior Citizen Exemption : Yes
  • 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 Rantoul

Stats & Trends

Median Asking:

$139,950

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1714 ft²

Average Home Age

54.2 years

Currently For Sale

10 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: Brenda Bailey-Combest, TOWN & COUNTRY REALTY,LLP
Last Updated: 3 years ago
Data Source: MRED, MLS# 12125670
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 1365 Briarcliff Drive built and last sold?
The property at 1365 Briarcliff Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1365 Briarcliff Drive is $0.
What are some comparable homes to 1365 Briarcliff Drive?
There are currently no comparable homes to 1365 Briarcliff Drive.
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