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Champaign 61820 Garden Park
309 Edgebrook Drive
$77,000
● House - Off Market

309 Edgebrook Drive

Champaign, IL 61820
bedrooms
2 Beds
bathrooms
1 Bath
square feet
880 Ft²
$82,713
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
Unit Size
880 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$91
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1959

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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 #11449331)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Jun 28, 2022 Listed by The Real Estate Group,Inc $80,000
Listed by The Real Estate Group,Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 350
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,124
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEBROOK 1ST ADD
  • Land Acres: 0000000255
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 28 EDGEBROOK 1ST ADD

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000700

Geography

  • District: 04
  • Parcel: 41-20-01-404-003
  • Lot: 28
  • Meridian: SEC 01 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1312
  • Longitude: -88.2478

    Address

  • Full Address: 309 Edgebrook Dr
  • Address - House Number: 309
  • Address - Street Name: Edgebrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C012
  • 4-Digit Zip Code: 2109
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $118,258
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 50,175
  • High Value: 63,110
  • Low Value: 37,240

    Market Valuation

  • Market Total Value: $38,580
  • Market Land Value: $18,450
  • Market Improvement Value: $20,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,860
  • Assessed Land Value: $6,150
  • Assessed Improvements Value: $6,710

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15370
  • Previous Sale Recording Date: Dec 08, 2021
  • Previous Sale Contract Date: Dec 08, 2021
  • Previous Sale Amount: $60,000
  • 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 Garden Park

Stats & Trends

Median Asking:

$134,000

Sale Price/ft²

$136

Above Asking

0.00%

Average Days on Market

61

Average Home Size

1061 ft²

Average Home Age

76.4 years

Currently For Sale

0 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: Marty Carlson, The Real Estate Group,Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11449331
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 309 Edgebrook Drive built and last sold?
The property at 309 Edgebrook Drive was built in 1959 and last sold on Aug 10, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 309 Edgebrook Drive is $0.
What are some comparable homes to 309 Edgebrook Drive?
There are currently no comparable homes to 309 Edgebrook Drive.
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