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Lake of the Woods 61853
1902 Golf Drive
Photo of 1902 Golf Drive

64

Map

Photo of 1902 Golf Drive
Photo of 1902 Golf Drive
$499,900
↓ $26K (4.9%)
● House - For Sale

1902 Golf Drive

Mahomet, IL 61853
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,191 Ft²
$3,160
Est. Monthly
$17
HOA / Fees
Unit Size
3,191 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$157
Property Type
House
Property Taxes
$688
HOA Dues
$17
Year Built
1977

Listed By

Nick Tangen
[email protected]
RE/MAX REALTY ASSOCIATES-CHA

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Cap Rate Calculator

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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
Parking Details
Has Garage
Parking Features: Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms: 9
Has Fireplace
Fireplace Features: Double Sided
Fireplaces: 2
Basement: Crawl Space
Exterior Details
Square Footage: 3191
Square Footage Source: $0
Construction Materials: Brick, Cedar
Lot Size Area: 52707.6
Lot Size Units: Square Feet
Lot Size Acres: 1.21
Lot Size Square Feet: 52707.6
Lot Size Dimensions: 291 X 222.6 X 150.5 X 63.4 X 208.6
Water Source: Public
Financial Details
Tax Annual Amount: $8,257
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Other
HOA Fee: $200
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,560
  • Total Building Area: 2,881
  • Building Area: 2,881
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK HILLS SUB
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 25 PARK HILLS SUB

Neighborhood

  • School District Name: Mahomet-Seymour Community Unit School District 3
  • School Tax School District: 101
  • Census Tract: 010603

Geography

  • District: 15
  • Parcel: 15-13-11-279-005
  • Lot: 25
  • Meridian: SEC 11 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.2081
  • Longitude: -88.3714

    Address

  • Full Address: 1902 Golf Dr
  • Address - House Number: 1902
  • Address - Street Name: Golf
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R003
  • 4-Digit Zip Code: 9393
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $702,766
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 387,439
  • High Value: 465,254
  • Low Value: 309,623

    Market Valuation

  • Market Total Value: $311,880
  • Market Land Value: $67,380
  • Market Improvement Value: $244,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,960
  • Assessed Land Value: $22,460
  • Assessed Improvements Value: $81,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 09, 2012
  • Current Sale Recording Date: Dec 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012R30585
  • Previous Sale Recording Date: Sep 29, 2003
  • Previous Sale Contract Date: Sep 04, 2003
  • Previous Sale Amount: $215,000
  • 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 Lake of the Woods

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

59

Average Home Size

1919 ft²

Average Home Age

33.9 years

Currently For Sale

9 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: Nick Tangen, Coldwell Banker R.E. Group
Data Source: MRED, MLS# MRD12600734
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 1902 Golf Drive built and last sold?
The property at 1902 Golf Drive was built in 1977 and last sold on Nov 9, 2012 for $230,000.
How much is this home worth?
The estimated value of the home located at 1902 Golf Drive is $504,759.
What are some comparable homes to 1902 Golf Drive?
There are currently no comparable homes to 1902 Golf Drive.
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