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Bloomington 61704
2904 Capen Drive
$235,000
● House - Off Market

2904 Capen Drive

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,672 Ft²
$239,245
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Large brick ranch located in Broadmoor Neighborhood. Over 2900 finished sq feet and over 3600 total square feet. 3 bedrooms and 2.5 baths. Updated bathrooms. Master bedroom with private bath. Formal living room and dining room. Open kitchen and main floor family room. Kitchen has lots of cabinets, good counter space and pantry closet. 4.5x4.5 closet off family room could be converted to a main floor laundry. Finished basement with huge 28x17 family room, 12x9 walk-in closet and 13x11 other room plus tons of storage. Large 2 car attached garage measures 25x24. Very private fenced backyard. Great location near businesses, restaurants, doctors, shopping and more!
Unit Size
3,672 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1973

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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 #11800450)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 8, 2023 Listed by RE/MAX Choice $239,900
Listed by RE/MAX Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 650
  • Garage Type: 1
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,527
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 880
  • Total Building Area: 3,188
  • Gross Building Area: 3,188
  • Building Area: 2,486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,486
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROADMOOR SUB
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 6TH ADD BROADMOOR SUB LOT 251

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001107

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-11-276-013
  • Lot: 251
  • Meridian: SEC 11 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4693
  • Longitude: -88.9455

    Address

  • Full Address: 2904 Capen Dr
  • Address - House Number: 2904
  • Address - Street Name: Capen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C038
  • 4-Digit Zip Code: 6218
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $430,620
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 240,189
  • High Value: 261,812
  • Low Value: 218,567

    Market Valuation

  • Market Total Value: $185,004
  • Market Land Value: $32,553
  • Market Improvement Value: $152,451

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,668
  • Assessed Land Value: $10,851
  • Assessed Improvements Value: $50,817

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 10169
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

45

Average Home Size

2481 ft²

Average Home Age

56.8 years

Currently For Sale

96 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 1313 E Washington Street, Bloomington, IL, 61701

$2,700 /mo

  • 5 Beds
  • 2 Baths
  • 3,525 ft²
1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny
Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 3,196 ft²
3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Will Grimsley, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11800450
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 2904 Capen Drive built and last sold?
The property at 2904 Capen Drive was built in 1973 and last sold on Jul 28, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 2904 Capen Drive is $0.
What are some comparable homes to 2904 Capen Drive?
There are currently no comparable homes to 2904 Capen Drive.
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