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Bloomington 61704
2604 Handel Drive
$375,000
● House - Off Market

2604 Handel Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,974 Ft²
$1,846
Est. Monthly
7.35%
Cap Rate

About This Property

New 2 story, 4 bedroom home in Wittenburg woods. Front flex room can be a dining room or office. Large walk in pantry in the kitchen, island and eating area are open to the family room. Upstairs laundry, large primary bedroom and 8x10 closet. Hardwood throughout most of main level, carpet in bedrooms. White cabinets throughout, quartz kitchen countertops. Agent interest. Unfinished basement but cost to finish upon request.
Unit Size
1,974 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$190
Property Type
House
Property Taxes
$4
HOA Dues
-
Year Built
2022

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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 #11756106)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold
Premium
Sold
Apr 11, 2023 Listed by Keller Williams Revolution $375,000
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 524
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,766
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,560
  • Gross Building Area: 2,560
  • Building Area: 2,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VISTA 2ND ADD
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0032
  • Legal Description 1: WITTENBERG WOODS AT PRAIRIE VISTA 2ND ADD LOT 154

Neighborhood

  • School Tax School District: 005
  • Census Tract: 002101

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 21-17-453-018
  • Lot: 154
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4465
  • Longitude: -89.008

    Address

  • Full Address: 2604 Handel Dr
  • Address - House Number: 2604
  • Address - Street Name: Handel
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R016
  • 4-Digit Zip Code: 8745
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,434
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 344,576
  • High Value: 375,388
  • Low Value: 313,765

    Market Valuation

  • Market Total Value: $1,845
  • Market Land Value: $1,845

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $615
  • Assessed Land Value: $615

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2729
  • Previous Sale Recording Date: Dec 02, 2022
  • Previous Sale Contract Date: Nov 03, 2022
  • Previous Sale Amount: $102,000
  • 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 Bloomington

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2448 ft²

Average Home Age

59.8 years

Currently For Sale

100 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: Keisha Franke-Hopkins, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11756106
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 2604 Handel Drive built and last sold?
The property at 2604 Handel Drive was built in 2022 and last sold on Feb 28, 2024 for $375,000.
How much is this home worth?
The estimated value of the home located at 2604 Handel Drive is $372,491.
What are some comparable homes to 2604 Handel Drive?
There are currently no comparable homes to 2604 Handel Drive.
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