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Urbana 61802
3102 Beringer Circle
$56,000
● Land - Off Market

3102 Beringer Circle

Urbana, IL 61802
bedrooms
Studio
bathrooms
0 Bath
$503
Est. Monthly

About This Property

This spacious 0.384-acre lot offers flexible access from Beringer Circle, Beacon Hill Circle, and High Cross Road-perfect for a variety of home designs. Whether you envision a front-load, side-load, or rear-load garage, the layout allows for versatile customization. Enjoy the natural beauty of the neighborhood with three scenic ponds covering 15.5 acres, over two miles of sidewalks for walking or biking, and 10.7 acres of shared green space to explore and enjoy.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$169
HOA Dues
-
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.

Property Highlights

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
  • 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: 17,330
  • 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: V
  • Subdivision: BERINGER COMMONS SUB NO 4
  • Land Acres: 0000000398
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 402 BERINGER COMMONS SUB NO 4

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005500

Geography

  • District: 09
  • Parcel: 91-21-10-408-001
  • Lot: 402
  • Meridian: SEC 10 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1172
  • Longitude: -88.1631

    Address

  • Full Address: 3102 E Beringer Cir
  • Address - House Number: 3102
  • Street Direction: E
  • Address - Street Name: Beringer
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Urbana
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $179,166
  • Tax Rate Code Area: 9103

    Market Valuation

  • Market Total Value: $48,660
  • Market Land Value: $48,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,220
  • Assessed Land Value: $16,220

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7503
  • Previous Sale Recording Date: Aug 03, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: 20
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 Urbana

Stats & Trends

Median Asking:

$239,950

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1738 ft²

Average Home Age

52.5 years

Currently For Sale

80 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: Carol Meinhart, The Real Estate Group,Inc
Data Source: MRED, MLS# MRD12437174
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 3102 East Beringer Circle built and last sold?
The property at 3102 East Beringer Circle was built in and last sold on Jun 6, 2023 for $40,000.
How much is this home worth?
The estimated value of the home located at 3102 East Beringer Circle is $0.
What are some comparable homes to 3102 East Beringer Circle?
There are currently no comparable homes to 3102 East Beringer Circle.
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