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Addison 60101
256 E Normandy Drive
$285,000
● House - Off Market

256 E Normandy Drive

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,080 Ft²
$278,037
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

This 50's brick ranch won't last long!  3 bedrooms 1.5 bath (can be expanded to 3/4) 2.5 garage with workshop addition.  Plus a shed.  Best of all is the 3 season room(with portable heater) which leads to the Covered Deck (newer Trex).  Huge Country Kitchen with an island and granite counters.  The roof is 10 years w/gutter guard.  There is a 24x20 oversized garage with a cupola.  The workshop is a 12x8 addition to the garage. There is also a 8x6 shed. Newer Furnace and CA.  Replacement windows.  Living room & 2 of 3 bedroom windows have built-in blinds.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$250
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #11315148)

Price History

Date / Event Date Event Price
Mar 28, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by RE/MAX Suburban $270,000
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 114
  • Lot Size Frontage Feet: 61
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORMANDY MANOR SUB
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: NORMANDY MANOR SUB UNIT NO 2

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846701

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-A5
  • Parcel: 03-28-408-035
  • Lot: 155
  • Municipality: ADDISON
  • Latitude: 41.9247
  • Longitude: -87.982

    Address

  • Full Address: 256 E Normandy Dr
  • Legal Unit: 2
  • Address - House Number: 256
  • Street Direction: E
  • Address - Street Name: Normandy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C002
  • 4-Digit Zip Code: 3920
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $411,478
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 295,169
  • High Value: 346,027
  • Low Value: 244,311

    Market Valuation

  • Market Total Value: $200,610
  • Market Land Value: $96,660
  • Market Improvement Value: $103,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,870
  • Assessed Land Value: $32,220
  • Assessed Improvements Value: $34,650

    Sales

  • Current Sale Contract Date: Mar 15, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32879
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 Addison

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1979 ft²

Average Home Age

37.8 years

Currently For Sale

46 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 500 N Westwood Avenue, Lombard, IL, 60148

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,436 ft²
500 N Westwood Avenue, Lombard, IL, 60148 Listing by Lizbeth Gonzalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kathy Volpe, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11315148
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 256 East Normandy Drive built and last sold?
The property at 256 East Normandy Drive was built in 1956 and last sold on Mar 15, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 256 East Normandy Drive is $0.
What are some comparable homes to 256 East Normandy Drive?
There are currently no comparable homes to 256 East Normandy Drive.
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