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McLean 61705
19644 Nottingham Drive
$340,000
● House - Off Market

19644 Nottingham Drive

Downs, IL 61705
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,968 Ft²
$2,114
Est. Monthly
2.88%
Cap Rate

About This Property

Well maintained home in Tri-Valley school district  Spacious Ranch style home with 3 car garage, screened porch and .69 of an acre lot. 3 Bedrooms with 2 more rooms in basement with no egress.  3.5 baths. Full basement with L shaped family room with wet bar and WB fireplace.  Presold.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$165
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1991

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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 #12001406)

Price History

Date / Event Date Event Price
May 8, 2024 Sold
Premium
Sold
Mar 12, 2024 Listed by Coldwell Banker Real Estate Group $325,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 909
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,620
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALLINGHAM SUB
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: FOURTH ADD TO MALLINGHAM SUB LOT 76

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-29-451-001
  • Lot: 76
  • Meridian: SEC 29 TWN 23N RNG 03E
  • Municipality: OLD TOWN
  • Latitude: 40.4168
  • Longitude: -88.8914

    Address

  • Full Address: 19644 Nottingham Dr
  • Address - House Number: 19644
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Downs
  • Carrier Code: R003
  • 4-Digit Zip Code: 9302
  • Zip Code: 61736

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $621,212
  • Tax Rate Code Area: 2403

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 346,479
  • High Value: 413,383
  • Low Value: 279,576

    Market Valuation

  • Market Total Value: $256,548
  • Market Land Value: $75,237
  • Market Improvement Value: $181,311

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,516
  • Assessed Land Value: $25,079
  • Assessed Improvements Value: $60,437
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 McLean

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2475 ft²

Average Home Age

52.2 years

Currently For Sale

200 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: Kimberly Bliss, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12001406
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 19644 Nottingham Drive built and last sold?
The property at 19644 Nottingham Drive was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 19644 Nottingham Drive is $324,528.
What are some comparable homes to 19644 Nottingham Drive?
There are currently no comparable homes to 19644 Nottingham Drive.
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