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Champaign 61822
1504 Wyndemere Point Drive
$175,000
● Land - Off Market

1504 Wyndemere Point Drive

Champaign, IL 61822
bedrooms
Studio
bathrooms
0 Bath
$1,522
Est. Monthly

About This Property

Welcome to the pinnacle of luxury living- your opportunity to build your custom dream home on a sprawling vacant lot nestled in exclusive Wyndemere Point in The Trails of Abbey Fields. This expansive canvas offers the perfect setting to bring your vision to life. Trails at Abbey Fields is located West of Staley Road off of Kirby Ave. As you enter, you are greeted by a sense of tranquility thanks to a beautiful waterfall surrounded by mature and attractive landscaping. Make sure you seize this chance to build your personalized dream residence on this large vacant lot where luxury, privacy, and sophistication converge to create the ultimate lifestyle experience.
Unit Size
-
Days on Market
-
Land Size
0.94 acres
Price per sqft
-
Property Type
Land
Property Taxes
$544
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.

Property Highlights

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
  • 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: 41,002
  • 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: V
  • Subdivision: THE TRAILS AT ABBEY FIELDS
  • Land Acres: 0000000941
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 107 THE TRAILS AT ABBEY FIELDS

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 04
  • Parcel: 44-20-17-379-007
  • Lot: 107
  • Meridian: SEC 17 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1004
  • Longitude: -88.3243

    Address

  • Full Address: 1504 Wyndemere Point Dr
  • Address - House Number: 1504
  • Address - Street Name: Wyndemere Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 3347
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $578,324
  • Tax Rate Code Area: 4402

    Market Valuation

  • Market Total Value: $188,670
  • Market Land Value: $188,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,890
  • Assessed Land Value: $62,890

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020R21583
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 Champaign

Stats & Trends

Median Asking:

$247,500

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1982 ft²

Average Home Age

44.3 years

Currently For Sale

168 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 2801 Rachel Road, Champaign, IL, 61822

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
2801 Rachel Road, Champaign, IL, 61822 Listing by Scott Bechtel
Unit for rent at 3922 Wild Flower Drive, Champaign, IL, 61822

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
3922 Wild Flower Drive, Champaign, IL, 61822 Listing by Hazem Jaber

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nick Taylor, Taylor Realty Associates
Data Source: MRED, MLS# MRD12292891
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 1504 Wyndemere Point Drive built and last sold?
The property at 1504 Wyndemere Point Drive was built in and last sold on Sep 14, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 1504 Wyndemere Point Drive is $0.
What are some comparable homes to 1504 Wyndemere Point Drive?
There are currently no comparable homes to 1504 Wyndemere Point Drive.
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