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Manhattan 60442
315 Andrea Drive
$395,000
● House - Off Market

315 Andrea Drive

Manhattan, IL 60442
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,523 Ft²
$2,903
Est. Monthly
6.18%
Cap Rate

About This Property

Immaculate 5 bedroom 2 story Georgian on a half acre lot! The main floor has real oak hardwood floors. A large family room offers a fireplace with marble accents & custom mantle.  French doors lead to the living room.  Private office on the first floor. A generous-sized kitchen has custom oak cabinets granite countertops and a walk-in pantry. The backyard has beautifully mature trees, a deck, a shed, and a garden for the summer months.  This is one of the largest lots in the neighborhood. The fully finished basement has a 5th bedroom, family room, workout room, a large storage area, and a backup battery for the sump pump. The main floor powder and the upstairs bathroom have been completely remodeled. A large 2.5-car garage and backyard shed offer plenty of storage.
Unit Size
2,523 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$163
Property Type
House
Property Taxes
$889
HOA Dues
-
Year Built
1995

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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 #11918577)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Premium
Sold
Oct 27, 2023 Listed by CRIS Realty $410,000
Listed by CRIS Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 537
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,147
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,060
  • Building Area: 2,523
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,523
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTURY EAST
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 44 IN CENTURY EAST UNIT 6, IN THE E 1/2 NW 1/4 OF SEC. 21, T34N-R11E.

Neighborhood

  • School District Name: Manhattan School District 114
  • Census Tract: 883509

Geography

  • Parcel: 14-12-21-116-025
  • Lot: 44
  • Meridian: SEC 21 TWN 34N RNG 11E
  • Municipality: MANHATTAN
  • Latitude: 41.4195
  • Longitude: -87.9765

    Address

  • Full Address: 315 Andrea Dr
  • Legal Unit: 6
  • Address - House Number: 315
  • Address - Street Name: Andrea
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Manhattan
  • Carrier Code: R004
  • 4-Digit Zip Code: 9294
  • Zip Code: 60442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,067,302
  • Tax Rate Code Area: 1401

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 408,287
  • High Value: 443,717
  • Low Value: 372,857

    Market Valuation

  • Market Total Value: $329,700
  • Market Land Value: $59,250
  • Market Improvement Value: $270,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,900
  • Assessed Land Value: $19,750
  • Assessed Improvements Value: $90,150

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2013
  • Current Sale Recording Date: Aug 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2013088138
  • Previous Sale Recording Date: Jun 09, 1995
  • Previous Sale Contract Date: Jun 08, 1995
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 41

    Financing

  • First Mortgage Financing Type: FIX
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 Manhattan

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$188

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1951 ft²

Average Home Age

22.8 years

Currently For Sale

35 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: Kim Phillips, CRIS Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11918577
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 315 Andrea Drive built and last sold?
The property at 315 Andrea Drive was built in 1995 and last sold on Jun 27, 2013 for $246,500.
How much is this home worth?
The estimated value of the home located at 315 Andrea Drive is $0.
What are some comparable homes to 315 Andrea Drive?
There are currently no comparable homes to 315 Andrea Drive.
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