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Normal 61761
2423 Boulder Drive
$468,500
● House - Off Market

2423 Boulder Drive

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,495 Ft²
$479,175
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Hoffman Ochs custom built stunner. 5 bedrooms, 3.5 bathroom, two story, with all the bells and whistles Hoffman Ochs is known for. Oversized kitchen with island and walk in pantry. Stainless steel appliances, quartz counter tops and crisp white cabinets. Beautiful and bright. Windows with pediments throughout the back of the house provide plenty of natural light. Open family room with gas fireplace, main level office, and private laundry room off of the 3 car garage. Four bedrooms up with an oversized primary suite, dual shower heads, and enormous primary walk in closet. Full partially finished basement with family room, 5th bedroom and 3rd full bathroom. This house is sharp! *Agent Interest*
Unit Size
3,495 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$75
HOA Dues
$13
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.

Last updated: 3 years ago (MRED MLS #11684051)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Dec 6, 2022 Listed by Coldwell Banker Real Estate Group $465,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

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: 8,640
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 720
  • 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: V
  • Subdivision: HEATHER RIDGE SUB
  • Land Acres: 0000000198
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: HEATHER RIDGE SUB 5TH ADD LOT 145

Neighborhood

  • Census Tract: 000105

Zoning

  • Zoning: R1B

Geography

  • District: 30
  • Parcel: 14-11-406-020
  • Lot: 145
  • Municipality: NORMAL
  • Latitude: 40.5525
  • Longitude: -88.9515

    Address

  • Full Address: 2423 Boulder Dr
  • Address - House Number: 2423
  • Address - Street Name: Boulder
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R008
  • 4-Digit Zip Code: 9689
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $93,342
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 81
  • Final Value: 269,654
  • High Value: 310,250
  • Low Value: 229,059

    Market Valuation

  • Market Total Value: $31,173
  • Market Land Value: $31,173

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,391
  • Assessed Land Value: $10,391

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3748
  • Previous Sale Recording Date: May 11, 2021
  • Previous Sale Contract Date: Apr 28, 2021
  • Previous Sale Amount: $53,500
  • 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

$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

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MRED

Listed by: Taylor Hoffman, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11684051
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 2423 Boulder Drive built and last sold?
The property at 2423 Boulder Drive was built in and last sold on Mar 20, 2023 for $468,500.
How much is this home worth?
The estimated value of the home located at 2423 Boulder Drive is $0.
What are some comparable homes to 2423 Boulder Drive?
There are currently no comparable homes to 2423 Boulder Drive.
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