$136,900
●
Condo -
Off Market
1707 King Drive #D
Normal, IL 61761
3 Beds
2 Baths,
1
Half Bath
1,687 Ft²
$1,037
Est. Monthly
$150
HOA / Fees
8.68%
Cap Rate
About This Property
This location and price are perfect! Move right into this updated
unit including the furnace, AC, water heater and flooring within
the past 10 years. Windows have also been replaced. New backsplash
and hardware were just installed in the kitchen this month! Three
bedrooms are upstairs including the primary bedroom with a large
walk-in closet. You'll appreciate having the extra finished space
in the basement that can be separated into a couple rooms, if
needed. Parks, including a dog park are right down the road. Along
with the elementary school and jr. high across the street. And ice
cream just a block away! The HOA takes care of the lawn and snow
removal.
Unit Size
1,687 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
Condo
Property Taxes
$224
HOA Dues
$150
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 #12138742)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Keller Williams Revolution | $134,900 | |
| Listed by Keller Williams Revolution | |||
| Jun 15, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by Keller Williams Revolution | $99,900 | |
| Listed by Keller Williams Revolution | |||
| | |||
|
Nice 3 Bedroom Condo in a Great Location!! This home is within close distance to schools, parks and dining. Upstairs has three bedrooms and a full updated bathroom. Lower level offers a family and half bath, Finished basement with an additional Large family room with a woodburning fireplace. Beautifully landscaped front and backyard. Nice size yard with lots of privacy. $125/Monthly association fee overs lawn care, snow removal and exterior maintenance of building. Updates include: 2009 All new windows (except for family room), 2010 New built-in oven, hood, cooktop & dishwasher, 2011 Remodeled half bathroom, 2014 New AC and Furnace, 2016 New wood laminate flooring throughout, 2016 New Water Heater. Great price for a condo in this location!!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 3
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Refrigerator, Cooktop, Built-In Oven
Rooms: 6
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Full
Basement Description: Partially Finished
Exterior Details
Ownership: Condo
Exterior Building Type: Vinyl Siding
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 1429158018
Property Type: Residential
Year Built: 1975
Roof: Asphalt
No Disability Access
Special Conditions: None
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,685
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Forced Air
Sewer : Public Sewer
Location Details
Township: Normal
Corporate Limits: Normal
Directions: Parkside Rd to King Dr
County or Parish: McLean
Elementary School District: 5
Elementary School: Parkside Elementary
Middle Or Junior School District: 5
Middle Or Junior School: Parkside Jr High
High School District: 5
High School: Normal Community West High Schoo
Other Details
Association Fee Includes: Lawn Care
Association Fee: $150
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/14/2024
|
3 Bed
|
2 Bath
|
1687 ft²
|
$134,900
3 Bed
2 Bath
1687 ft²
|
$136,900
+1.48%
09/26/2024
|
Jacqueline Spencer
Keller Williams Revolution
| |
|
04/23/2021
|
3 Bed
|
2 Bath
|
1727 ft²
|
$99,900
3 Bed
2 Bath
1727 ft²
|
$103,600
+3.70%
06/15/2021
|
Seth Couillard
Keller Williams - Bloomington
| |
|
05/16/2018
| |
3 Bed
|
2 Bath
|
1799 ft²
|
-
3 Bed
2 Bath
1799 ft²
|
-
-
|
-
|
Building Info
About Normal
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Listed by: Jacqueline Spencer, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 12138742
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12138742
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