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Ottawa 61350
2809 Turnberry Drive
$170,000
● House - Off Market

2809 Turnberry Drive

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,580 Ft²
$1,050
Est. Monthly
14.15%
Cap Rate

About This Property

Nestled in a prime northside of Ottawa location within the popular Turnberry Subdivision and the Wallace Grade School district, this 2-bedroom, 1-bathroom ranch-style home is open and welcoming. Features include a spacious and open floor plan with a living room, formal dining room or office, large eat-in kitchen with glass slider to the  fenced-in backyard. Family room opens off of the kitchen and features a laundry closet for added convenience. Spacious bedrooms and a large, full bathroom round out this home.
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$101
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
2002

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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 #11908430)

Price History

Date / Event Date Event Price
Dec 12, 2023 Sold
Premium
Sold
Oct 13, 2023 Listed by Coldwell Banker Real Estate Group $160,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 13,068
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: T

    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: R
  • Subdivision: TURNBERRY PHASE II
  • Land Acres: 0000000300
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TURNBERRY PHASE II, LT 53 SEC 36-34-3

Neighborhood

  • School District Name: Wallace Community Consolidated School District 195
  • Census Tract: 962600

Geography

  • District: DA
  • Subdivision Phase Number: 2
  • Parcel: 14-36-425-008
  • Lot: 53
  • Meridian: SEC 36 TWN 34 RNG 03
  • Municipality: DAYTON TOWNSHIP
  • Latitude: 41.371
  • Longitude: -88.8198

    Address

  • Full Address: 2809 Turnberry Dr
  • Address - House Number: 2809
  • Address - Street Name: Turnberry
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R006
  • 4-Digit Zip Code: 9579
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: DA005

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 89
  • Final Value: 154,745
  • High Value: 171,298
  • Low Value: 138,192

    Market Valuation

  • Market Total Value: $186,825
  • Market Land Value: $30,585
  • Market Improvement Value: $156,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,275
  • Assessed Land Value: $10,195
  • Assessed Improvements Value: $52,080

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-13510

    Financing

  • First Mortgage Financing Type: VAR
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 Ottawa

Stats & Trends

Median Asking:

$227,200

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1783 ft²

Average Home Age

48.6 years

Currently For Sale

67 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 817 Columbus Streets, Ottawa, IL, 61350

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,384 ft²
817 Columbus Streets #2A, Ottawa, IL, 61350 Listing by Tammy Barry

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Shanley, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11908430
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 2809 Turnberry Drive built and last sold?
The property at 2809 Turnberry Drive was built in 2002 and last sold on Dec 11, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 2809 Turnberry Drive is $0.
What are some comparable homes to 2809 Turnberry Drive?
There are currently no comparable homes to 2809 Turnberry Drive.
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