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Mahomet 61853
2001 Kinley Drive
$382,500
● House - Off Market

2001 Kinley Drive

Mahomet, IL 61853
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,565 Ft²
$2,484
Est. Monthly
3.64%
Cap Rate

About This Property

Welcome home to this stylish ranch home on a spacious corner lot with a fully fenced yard! Perfect for play, pets or outdoor entertaining! Step inside to find vaulted ceilings that create an open, airy feel and beautiful hardwood floors throughout the main living spaces. This home offers three bedrooms, two full bathrooms, and an open floor plan ideal for everyday living. The full basement is currently set up as a super fun Ninja Warrior course -- a kid's dream come true and awesome space for active play! However, it could be finished into a family room, bedroom and bathroom or provide tons of storage. Located in a desirable neighborhood, this one will go fast!
Unit Size
1,565 Ft²
Days on Market
-
Land Size
-
Price per sqft
$240
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
-

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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.

Property Highlights

Garage
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: 10,042
  • 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
  • Subdivision: PRAIRIE CROSSING 4TH SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 401 PRAIRIE CROSSING 4TH SUB

Neighborhood

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

Geography

  • District: 15
  • Parcel: 15-13-12-358-001
  • Lot: 401
  • Meridian: SEC 12 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.2035
  • Longitude: -88.3693

    Address

  • Full Address: 2001 Kinley Dr
  • Address - House Number: 2001
  • Address - Street Name: Kinley
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R007
  • 4-Digit Zip Code: 4224
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $658,474
  • Tax Rate Code Area: 1502

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 342,890
  • High Value: 412,731
  • Low Value: 273,049

    Market Valuation

  • Market Total Value: $264,810
  • Market Land Value: $46,950
  • Market Improvement Value: $217,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,270
  • Assessed Land Value: $15,650
  • Assessed Improvements Value: $72,620

    Sales

  • Current Sale Contract Date: May 07, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019R07207

    Financing

  • First Mortgage Financing Type: FIX
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: Jodi O'Malley, Real Broker, LLC
Data Source: MRED, MLS# MRD12355403
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 2001 Kinley Drive built and last sold?
The property at 2001 Kinley Drive was built in and last sold on May 7, 2019 for $238,000.
How much is this home worth?
The estimated value of the home located at 2001 Kinley Drive is $0.
What are some comparable homes to 2001 Kinley Drive?
There are currently no comparable homes to 2001 Kinley Drive.
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