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Bloomington 61701
2 Ethell Parkway
$235,000
● House - Off Market

2 Ethell Parkway

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,184 Ft²
$1,435
Est. Monthly
9.82%
Cap Rate
Unit Size
2,184 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1955

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 684
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,452
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,220
  • Gross Building Area: 2,388
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLEWOOD HEIGHTS
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: MAPLEWOOD HEIGHTS ADD LOT 113

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001301

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 14-34-306-009
  • Lot: 113
  • Meridian: SEC 34 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4934
  • Longitude: -88.9776

    Address

  • Full Address: 2 Ethell Pkwy
  • Address - House Number: 2
  • Address - Street Name: Ethell
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C029
  • 4-Digit Zip Code: 1963
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $254,532
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 194,110
  • High Value: 211,584
  • Low Value: 176,636

    Market Valuation

  • Market Total Value: $142,290
  • Market Land Value: $29,988
  • Market Improvement Value: $112,302

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,430
  • Assessed Land Value: $9,996
  • Assessed Improvements Value: $37,434

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16232
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 Bloomington

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2443 ft²

Average Home Age

59.3 years

Currently For Sale

101 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 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Becky Gerig, RE/MAX Choice
Data Source: MRED, MLS# MRD12305705
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 2 Ethell Parkway built and last sold?
The property at 2 Ethell Parkway was built in 1955 and last sold on Nov 15, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 2 Ethell Parkway is $248,948.
What are some comparable homes to 2 Ethell Parkway?
There are currently no comparable homes to 2 Ethell Parkway.
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