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Rantoul 61866
318 N SHELDON Street
$100,000
● House - Off Market

318 N SHELDON Street

Rantoul, IL 61866
bedrooms
2 Beds
bathrooms
1 Bath
square feet
732 Ft²
$645
Est. Monthly
13.11%
Cap Rate

About This Property

LOVELY OLDER HOME, RECENTLY REMODELED TO INCLUDE NEWER WINDOWS, NEWER KITCHEN CABINETS AND COUNTERTOPS, NEWER BATHROOM VANITY, SINK AND STOOL AND NEWER WATER HEATER..NEWER GAS RANGE, EXHAUST HOOD AND REFRIGERATOR.  HARDWOOD FLOORS IN BEDROOMS AND LIVING ROOM, NEWER VINYL PLANKING IN KITCHEN.  FULL BASEMENT WIH WASHER AND DRYER TO STAY (AS IS CONDITION)..SUMP PUMP  SINGLE CAR GARAGE HAS AUTOMATIC DOOR OPENER. METAL SIDING ON THE HOME, VINYL SIDING ON THE GARAGE...BACKS UP TO NORTHVIEW GRADE SCHOOL.  TERRIFIC HOME FOR THE PRICE..SET UP AN APPOINTMENT TO SEE TODAY!!!
Unit Size
732 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$109
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

Garage
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
  • Living Units: 1
  • 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: 7,405
  • 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
  • Land Acres: 0000000170
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010100

Geography

  • District: 20
  • Parcel: 20-03-35-376-007
  • Meridian: SEC 35 TWN 22N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.314
  • Longitude: -88.1506

    Address

  • Full Address: 318 N Sheldon St
  • Address - House Number: 318
  • Street Direction: N
  • Address - Street Name: Sheldon
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C005
  • 4-Digit Zip Code: 1828
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $122,360
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 52,458
  • High Value: 63,327
  • Low Value: 41,589

    Market Valuation

  • Market Total Value: $34,770
  • Market Land Value: $12,330
  • Market Improvement Value: $22,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,590
  • Assessed Land Value: $4,110
  • Assessed Improvements Value: $7,480
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 Rantoul

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1626 ft²

Average Home Age

54.3 years

Currently For Sale

8 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: Herman Fogal, REALTY 2000,INC
Data Source: MRED, MLS# MRD12317513
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 318 North Sheldon Street built and last sold?
The property at 318 North Sheldon Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 318 North Sheldon Street is $0.
What are some comparable homes to 318 North Sheldon Street?
There are currently no comparable homes to 318 North Sheldon Street.
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