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Rantoul 61866
1808 EATER Drive
$120,000
● House - Off Market

1808 EATER Drive

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,430 Ft²
$137,809
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

So much space for the price! Get in and enjoy the neutral color pallet and refinished hardwood floors. Has historically been an investment property with consistent rental history. Also would make a cozy home for anyone. The pictures don't do it justice, call for an appointment today.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$91
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1963

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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 #11486494)

Price History

Date / Event Date Event Price
Dec 2, 2022 Sold
Premium
Sold
Oct 20, 2022 Listed by eXp Realty,LLC-Maho $129,900
Listed by eXp Realty,LLC-Maho

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 1,008
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,388
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLEWOOD 2ND ADD, 5TH PLAT
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT PT 280 MAPLEWOOD 2ND ADD, 5TH PLAT

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 20
  • Parcel: 20-09-01-130-009
  • Lot: 280
  • Meridian: SEC 01 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3096
  • Longitude: -88.1282

    Address

  • Full Address: 1808 Eater Dr
  • Address - House Number: 1808
  • Address - Street Name: Eater
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C004
  • 4-Digit Zip Code: 2755
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $223,396
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 84,486
  • High Value: 106,779
  • Low Value: 62,193

    Market Valuation

  • Market Total Value: $81,480
  • Market Land Value: $7,380
  • Market Improvement Value: $74,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,160
  • Assessed Land Value: $2,460
  • Assessed Improvements Value: $24,700

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21415
  • Previous Sale Recording Date: Jan 03, 2008
  • Previous Sale Contract Date: Dec 28, 2007
  • Previous Sale Amount: $47,000
  • 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 Rantoul

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1626 ft²

Average Home Age

54.3 years

Currently For Sale

8 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

Rentals Near You

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MRED

Listed by: Nate Evans, eXp Realty,LLC-Maho
Last Updated: 3 years ago
Data Source: MRED, MLS# 11486494
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 1808 Eater Drive built and last sold?
The property at 1808 Eater Drive was built in 1963 and last sold on Dec 2, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 1808 Eater Drive is $0.
What are some comparable homes to 1808 Eater Drive?
There are currently no comparable homes to 1808 Eater Drive.
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