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McLean 61705
16041 Belfry Drive
$650,000
● House - Off Market

16041 Belfry Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,216 Ft²
$669,348
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Presold new construction in Crestwicke, 4 bedrooms, 3 full baths, basement has family room, BR 4 and full bath. Spacious room sizes throughout.
Unit Size
3,216 Ft²
Days on Market
-
Land Size
-
Price per sqft
$202
Property Type
House
Property Taxes
$7
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #11345411)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Mar 10, 2022 Listed by Coldwell Banker Real Estate Group $650,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

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: 22,216
  • 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: CRESTWICKE SOUTH SUB
  • Land Acres: 0000000510
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: CRESTWICKE SOUTH SUB 1ST ADD LT 40

Neighborhood

  • School District Name: Heyworth Community Unit School District 4
  • Census Tract: 002102

Geography

  • District: 5
  • Parcel: 21-35-304-001
  • Lot: 40
  • Meridian: SEC 35 TWN 23N RNG 02E
  • Municipality: BLOOMINGTON
  • Latitude: 40.4042
  • Longitude: -88.9603

    Address

  • Full Address: 16041 Belfry Dr
  • Address - House Number: 16041
  • Address - Street Name: Belfry
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R013
  • 4-Digit Zip Code: 5418
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,426,646
  • Tax Rate Code Area: 502

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: May 31, 2023
  • Confidence Score: 80
  • Final Value: 385,766
  • High Value: 446,389
  • Low Value: 325,144

    Market Valuation

  • Market Total Value: $61,512
  • Market Land Value: $61,512

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $20,504
  • Assessed Land Value: $20,504

    Sales

  • Current Sale Contract Date: Mar 11, 2022
  • Current Sale Recording Date: Mar 16, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4914
  • Previous Sale Recording Date: Mar 08, 2022
  • Previous Sale Contract Date: Feb 15, 2022
  • Previous Sale Document Type: 55
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 McLean

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2445 ft²

Average Home Age

53.6 years

Currently For Sale

213 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: Marty Trunk, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11345411
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 16041 Belfry Drive built and last sold?
The property at 16041 Belfry Drive was built in and last sold on Mar 11, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 16041 Belfry Drive is $0.
What are some comparable homes to 16041 Belfry Drive?
There are currently no comparable homes to 16041 Belfry Drive.
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