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Bloomington 61704
3104 Castlemain Drive
$274,000
● House - Off Market

3104 Castlemain Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,419 Ft²
$1,741
Est. Monthly
8.50%
Cap Rate

About This Property

This 4 bed, 2.5 bath, 2 story in Waterford Estates is just what you've been waiting for. All the space you need and extra space in the basement just waiting for your finishing touches. Kitchen vinyl floor replaced in 2024, beautiful white cabinets painted in '23, Brand new roof and garage shelving also added in '23. The entire main floor was painted and blinds added in '22.  Primary bathroom made over in '20. Partial fence added (back yard fully fenced) in '18, toilets replaced in '17 and stylish kitchen backsplash added in '15. Make this remarkable family home yours! Schedule your showing right away!! Recording/Listening device on the property (ring doorbell)
Unit Size
3,419 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$75
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
2003

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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 #11992000)

Price History

Date / Event Date Event Price
Apr 22, 2024 Sold
Premium
Sold
Mar 13, 2024 Listed by RE/MAX Rising $257,500
Listed by RE/MAX Rising

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 461
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 105
  • Pool Type: 9
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,260
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,783
  • Gross Building Area: 2,783
  • Building Area: 2,322
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,322
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD ESTATES
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WATERFORD ESTATES SUB 5TH ADD LOT 210

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001103

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 21-01-379-007
  • Lot: 210
  • Meridian: SEC 01 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4757
  • Longitude: -88.9337

    Address

  • Full Address: 3104 Castlemain Dr
  • Address - House Number: 3104
  • Address - Street Name: Castlemain
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R035
  • 4-Digit Zip Code: 4848
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $571,294
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 277,432
  • High Value: 326,107
  • Low Value: 228,758

    Market Valuation

  • Market Total Value: $219,660
  • Market Land Value: $42,837
  • Market Improvement Value: $176,823

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,220
  • Assessed Land Value: $14,279
  • Assessed Improvements Value: $58,941

    Sales

  • Current Sale Contract Date: Mar 07, 2015
  • Current Sale Recording Date: Apr 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-00005949

    Financing

  • First Mortgage Financing Type: UNK
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:

$261,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2452 ft²

Average Home Age

59.4 years

Currently For Sale

100 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: Sean Caldwell, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11992000
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 3104 Castlemain Drive built and last sold?
The property at 3104 Castlemain Drive was built in 2003 and last sold on Mar 7, 2015 for $177,500.
How much is this home worth?
The estimated value of the home located at 3104 Castlemain Drive is $269,861.
What are some comparable homes to 3104 Castlemain Drive?
There are currently no comparable homes to 3104 Castlemain Drive.
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