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Bloomington 61705 Pepper Ridge
2828 Rocksbury Drive
$251,000
● House - Off Market

2828 Rocksbury Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,148 Ft²
$1,613
Est. Monthly
9.50%
Cap Rate

About This Property

Wonderful 3 bed/2 bath L shaped bi-level in Pepper Ridge. Located on a  shady lot with a fenced backyard & raised deck. Open floor plan with a large family room in the basement that could also be used as a 4th bedroom. Down the street from park and Pepperidge Elementary. All appliances stay. New HVAC in 2023, garage door 2024, washer/dryer 2023, fridge 2022, some windows replaced in 2013 and 30 year roof is 12 years old. Extra large 2 car garage with bump out. Smart home features that stay include:  Nest E smart thermostat, Nest Protect smart fire and CO2 detectors, Ring Doorbell, Smart switch front lights, Smart door lock for front door.
Unit Size
2,148 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1995

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,080
  • Garage Type: 1
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,591
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,720
  • Gross Building Area: 2,720
  • Building Area: 2,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER RIDGE SUB
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 118 PEPPER RIDGE SUB

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001402

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-19-127-014
  • Lot: 118
  • Meridian: SEC 19 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4421
  • Longitude: -89.0317

    Address

  • Full Address: 2828 Rocksbury Dr
  • Address - House Number: 2828
  • Address - Street Name: Rocksbury
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R034
  • 4-Digit Zip Code: 6514
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $473,752
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 263,626
  • High Value: 318,460
  • Low Value: 208,792

    Market Valuation

  • Market Total Value: $178,848
  • Market Land Value: $31,950
  • Market Improvement Value: $146,898

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,616
  • Assessed Land Value: $10,650
  • Assessed Improvements Value: $48,966
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 Pepper Ridge

Stats & Trends

Median Asking:

$262,450

Sale Price/ft²

$111

Above Asking

0.00%

Average Days on Market

37

Average Home Size

2244 ft²

Average Home Age

31.6 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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MRED

Listed by: Daniel Carcasson, RE/MAX Rising
Data Source: MRED, MLS# MRD12380567
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 2828 Rocksbury Drive built and last sold?
The property at 2828 Rocksbury Drive was built in 1995 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2828 Rocksbury Drive is $0.
What are some comparable homes to 2828 Rocksbury Drive?
There are currently no comparable homes to 2828 Rocksbury Drive.
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