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Bloomington 61704 Old Farm Lakes
18 Cygnet Crossing
$366,000
● House - Off Market

18 Cygnet Crossing

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,667 Ft²
$2,460
Est. Monthly
7.67%
Cap Rate

About This Property

Welcome to Old Farm Lakes! 18 Cygnet is a charming and well-maintained home on a large corner fenced lot. This is a 4 bed, 3.5 bath home with a 3-car garage.  Great front porch and nice patio overlooking a lovely fenced yard. Nice-sized master bedroom with ensuite double sinks, shower and tub. Large walk-in closet. Dining and living room for entertaining. Kitchen is great!  Very spacious with granite countertops with counter seating.  New stainless steal (2020-2021) appliances, painted cabinets. Complete Basement remodel including: flooring, walls, trim and bathroom.  Also has a custom basement bar (2022).  Great space for entertaining! A short trip to trail around the lake! This home will not last!
Unit Size
3,667 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1996

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 815
  • Garage Type: 1
  • Garage Square Area: 857
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 4,208
  • Gross Building Area: 4,208
  • Building Area: 3,351
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,351
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD FARM LAKES
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 308 OLD FARM LAKES NO 9

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001107

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 21-12-227-019
  • Lot: 308
  • Meridian: SEC 12 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4712
  • Longitude: -88.9268

    Address

  • Full Address: 18 Cygnet Xing
  • Address - House Number: 18
  • Address - Street Name: Cygnet
  • Address - Suffix Type: Xing
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R019
  • 4-Digit Zip Code: 4800
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $668,844
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 336,231
  • High Value: 396,994
  • Low Value: 275,468

    Market Valuation

  • Market Total Value: $254,094
  • Market Land Value: $46,230
  • Market Improvement Value: $207,864

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,698
  • Assessed Land Value: $15,410
  • Assessed Improvements Value: $69,288

    Sales

  • Current Sale Contract Date: Apr 12, 2018
  • Current Sale Recording Date: May 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-00007112
  • Previous Sale Recording Date: Dec 06, 2010
  • Previous Sale Contract Date: Nov 29, 2010
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: 71
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 Old Farm Lakes

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$107

Above Asking

0.00%

Average Days on Market

38

Average Home Size

2998 ft²

Average Home Age

30.8 years

Currently For Sale

0 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 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 3,196 ft²
3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cindy Eckols, RE/MAX Choice
Data Source: MRED, MLS# MRD12413743
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 18 Cygnet Crossing built and last sold?
The property at 18 Cygnet Crossing was built in 1996 and last sold on Apr 12, 2018 for $228,000.
How much is this home worth?
The estimated value of the home located at 18 Cygnet Crossing is $368,549.
What are some comparable homes to 18 Cygnet Crossing?
There are currently no comparable homes to 18 Cygnet Crossing.
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