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Savoy 61822
312 Capitol Street
$380,000
● House - Off Market

312 Capitol Street

Savoy, IL 61874
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,682 Ft²
$383,568
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Well cared for one-level living home with a fantastic screened-in porch and fenced-in yard.  Hardwood floors greet you as you enter the home and they continue through the living room, kitchen, and dining area.  Plenty of seating at the table or at the island bar.  Open floor plan with a fireplace with built-in bookshelves on either side and wired for TV.  The master bedroom has its own bathroom with double sinks, a walk-in shower, and a spacious closet.  Out back you can enjoy evening shade on your screened-in porch or in the fenced-in yard.  Need more space, simply finish the well planned basement that currently boasts great storage space.
Unit Size
1,682 Ft²
Days on Market
-
Land Size
-
Price per sqft
$229
Property Type
House
Property Taxes
$615
HOA Dues
$19
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 #11866440)

Price History

Date / Event Date Event Price
Oct 5, 2023 Sold
Premium
Sold
Aug 22, 2023 Listed by eXp Realty,LLC-Cha $385,000
Listed by eXp Realty,LLC-Cha

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
  • 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: 8,886
  • 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: LIBERTY ON THE LAKE 2 PHASE 1
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 386 LIBERTY ON THE LAKE 2 PHASE 1

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001302

Geography

  • District: 03
  • Parcel: 03-20-35-308-010
  • Lot: 386
  • Meridian: SEC 35 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0581
  • Longitude: -88.2749

    Address

  • Full Address: 312 Capitol St
  • Address - House Number: 312
  • Address - Street Name: Capitol
  • Address - Suffix Type: St
  • State: IL
  • City Name: Savoy
  • Carrier Code: R001
  • 4-Digit Zip Code: 8732
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $738,462
  • Tax Rate Code Area: 309

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 405,368
  • High Value: 486,558
  • Low Value: 324,178

    Market Valuation

  • Market Total Value: $317,040
  • Market Land Value: $64,830
  • Market Improvement Value: $252,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,680
  • Assessed Land Value: $21,610
  • Assessed Improvements Value: $84,070

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14469
  • Previous Sale Recording Date: May 04, 2018
  • Previous Sale Contract Date: Feb 13, 2018
  • Previous Sale Amount: $303,500
  • 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 Savoy

Stats & Trends

Median Asking:

$384,900

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2360 ft²

Average Home Age

28.8 years

Currently For Sale

17 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: Rick Wilberg, eXp Realty,LLC-Cha
Last Updated: 3 years ago
Data Source: MRED, MLS# 11866440
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 312 Capitol Street built and last sold?
The property at 312 Capitol Street was built in and last sold on Oct 4, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 312 Capitol Street is $0.
What are some comparable homes to 312 Capitol Street?
There are currently no comparable homes to 312 Capitol Street.
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