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Mahomet 61853
1908 Roseland Drive
$427,718
● House - Off Market

1908 Roseland Drive

Mahomet, IL 61853
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,853 Ft²
$409,132
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
Unit Size
1,853 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
House
Property Taxes
-
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 #11368170)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by KELLER WILLIAMS-TREC $399,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

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: 0
  • 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: R
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 2020R00292

Neighborhood

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

Geography

  • District: 15
  • Parcel: 15-13-22-352-011
  • Lot: 2020R
  • Municipality: MAHOMET
  • Latitude: 40.1745
  • Longitude: -88.4066

    Address

  • Full Address: 1908 Roseland Dr
  • Address - House Number: 1908
  • Address - Street Name: Roseland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R008
  • 4-Digit Zip Code: 3346
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,250
  • Tax Rate Code Area: 1502

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 493,964
  • High Value: 615,047
  • Low Value: 372,881

    Market Valuation

  • Market Total Value: $6,840
  • Market Land Value: $480
  • Market Improvement Value: $6,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,280
  • Assessed Land Value: $160
  • Assessed Improvements Value: $2,120

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9764
  • Previous Sale Recording Date: Dec 20, 2021
  • Previous Sale Contract Date: Nov 03, 2021
  • Previous Sale Amount: $85,000
  • 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 Mahomet

Stats & Trends

Median Asking:

$417,400

Sale Price/ft²

$199

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2361 ft²

Average Home Age

21.4 years

Currently For Sale

41 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: Jennifer Snodsmith, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11368170
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 1908 Roseland Drive built and last sold?
The property at 1908 Roseland Drive was built in and last sold on May 2, 2022 for $428,000.
How much is this home worth?
The estimated value of the home located at 1908 Roseland Drive is $0.
What are some comparable homes to 1908 Roseland Drive?
There are currently no comparable homes to 1908 Roseland Drive.
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