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Savoy 61874
302 Buttercup Drive
$325,000
● House - Off Market

302 Buttercup Drive

Savoy, IL 61874
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,147 Ft²
$2,158
Est. Monthly
$8
HOA / Fees
4.26%
Cap Rate

About This Property

Located at the popular Prairie Fields Subdivision, this two story house offers 4 bedrooms and 2.5 bathrooms. The beautiful wood floors are through the living room, family room and dining room, ceramic title floors and outgoing exhaust fan of the range hood in the kitchen area on the first floor. You'll find a perfect master suite with a walk-in closet that gets loads of natural light and a private bath with dual vanities, jetted tub and separate shower. Bedrooms 2,3 and 4 are all spacious with great closet space. The unfinished space in the basement has endless potential and could easily be finished to your liking. The backyard is surrounded by beautiful pine trees. Close proximity to Carrie Busey Elementary, parks, restaurants and shopping! Roof is less than 5 years.
Unit Size
2,147 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
House
Property Taxes
$499
HOA Dues
$8
Year Built
-

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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 #11915536)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Oct 27, 2023 Listed by KELLER WILLIAMS-TREC $335,999
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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
  • Living Units: 1
  • 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: 7,340
  • Total Building Area: 0
  • Building Area: 0

    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: PRAIRIE FIELDS 4 SUB
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 103 PRAIRIE FIELDS 4 SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001400

Geography

  • District: 03
  • Parcel: 03-20-36-428-030
  • Lot: 103
  • Meridian: SEC 36 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0603
  • Longitude: -88.2459

    Address

  • Full Address: 302 Buttercup Dr
  • Address - House Number: 302
  • Address - Street Name: Buttercup
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Savoy
  • Carrier Code: R003
  • 4-Digit Zip Code: 9487
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $598,838
  • Tax Rate Code Area: 309

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 333,909
  • High Value: 371,266
  • Low Value: 296,552

    Market Valuation

  • Market Total Value: $254,370
  • Market Land Value: $47,700
  • Market Improvement Value: $206,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,790
  • Assessed Land Value: $15,900
  • Assessed Improvements Value: $68,890

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17844
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 Savoy

Stats & Trends

Median Asking:

$391,950

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

69

Average Home Size

2327 ft²

Average Home Age

29.9 years

Currently For Sale

18 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

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MRED

Listed by: Sherry Qiang, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11915536
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 302 Buttercup Drive built and last sold?
The property at 302 Buttercup Drive was built in and last sold on Oct 5, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 302 Buttercup Drive is $0.
What are some comparable homes to 302 Buttercup Drive?
There are currently no comparable homes to 302 Buttercup Drive.
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