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Normal 61761
2246 Holbrook Drive
$400,000
● House - Off Market

2246 Holbrook Drive

Normal, IL 61761
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,518 Ft²
$431,616
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Fall in love with this beautiful, move in ready, craftsman home in North Normal! This home features four bedrooms, three and a half bathrooms, tons of natural light and pride of ownership throughout! The upstairs features two bedrooms, a full bathroom and a loft area. The main floor has a great living room with a fireplace, beautiful kitchen with plenty of room for a table, and master suite, complete with a private bathroom and walk in closet. The full finished basement features a 4th bedroom, full bathroom, second family room and storage area! Enjoy your morning coffee on your backyard deck with no backyard neighbors! Some updates include New Roof 2021, New Sump 2020, New Hot Water Heater 2019.
Unit Size
3,518 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$701
HOA Dues
$8
Year Built
2008

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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 #11443153)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by RE/MAX Rising $415,000
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,437
  • Garage Type: 7
  • Garage Square Area: 548
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,320
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 860
  • Total Building Area: 3,518
  • Building Area: 2,081
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,081
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH BRIDGE SUB
  • Land Acres: 0000000237
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: NORTH BRIDGE SUB 5TH ADD LT 185

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000105

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-11-280-006
  • Lot: 185
  • Meridian: SEC 11 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.555
  • Longitude: -88.9485

    Address

  • Full Address: 2246 Holbrook Dr
  • Address - House Number: 2246
  • Address - Street Name: Holbrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R008
  • 4-Digit Zip Code: 5423
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $874,298
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 414,078
  • High Value: 483,234
  • Low Value: 344,923

    Market Valuation

  • Market Total Value: $309,984
  • Market Land Value: $51,153
  • Market Improvement Value: $258,831

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,328
  • Assessed Land Value: $17,051
  • Assessed Improvements Value: $86,277

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17054
  • Previous Sale Recording Date: Jan 07, 2009
  • Previous Sale Contract Date: Dec 22, 2008
  • Previous Sale Amount: $354,500
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2174 ft²

Average Home Age

40.7 years

Currently For Sale

40 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

Rentals Near You

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MRED

Listed by: Noelle Burns, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11443153
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 2246 Holbrook Drive built and last sold?
The property at 2246 Holbrook Drive was built in 2008 and last sold on Sep 13, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 2246 Holbrook Drive is $0.
What are some comparable homes to 2246 Holbrook Drive?
There are currently no comparable homes to 2246 Holbrook Drive.
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