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Normal 61761
208 Foster Drive
$275,000
● House - Off Market

208 Foster Drive

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,917 Ft²
$1,758
Est. Monthly
8.40%
Cap Rate

About This Property

Wonderful Ranch home with 3 Bedrooms 2.5 baths. Updated Kitchen cabinets, bosch dishwasher, cooktop and stainless refrigerator. Large Dining Room, Family Room with mantel and brick surround fireplace. Main floor sunroom converted to Laundry Room. Primary Suite with full bath.  2 additional bedrooms and full bath on main level. Basement with large cozy Family Room with wood stove and a Rec Room with a closet. Laundry hook ups also in the basement and great storage space. Many trees and landscaped yard with a deck and a shed for additional storage.
Unit Size
2,917 Ft²
Days on Market
-
Land Size
-
Price per sqft
$89
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1971

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 140
  • Garage Type: 7
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,438
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,612
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY ESTATES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 1ST ADD UNIVERSITY ESTATES LOT 73

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000302

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-29-379-005
  • Lot: 73
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5062
  • Longitude: -89.012

    Address

  • Full Address: 208 Foster Dr
  • Address - House Number: 208
  • Address - Street Name: Foster
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: C050
  • 4-Digit Zip Code: 2759
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $454,568
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 248,692
  • High Value: 297,307
  • Low Value: 200,078

    Market Valuation

  • Market Total Value: $184,809
  • Market Land Value: $34,605
  • Market Improvement Value: $150,204

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,603
  • Assessed Land Value: $11,535
  • Assessed Improvements Value: $50,068

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8931
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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2150 ft²

Average Home Age

38.8 years

Currently For Sale

42 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: Deb Connor, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12419298
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 208 Foster Drive built and last sold?
The property at 208 Foster Drive was built in 1971 and last sold on Jun 30, 2023 for $270,666.
How much is this home worth?
The estimated value of the home located at 208 Foster Drive is $0.
What are some comparable homes to 208 Foster Drive?
There are currently no comparable homes to 208 Foster Drive.
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