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Rantoul 61866
32 James Road
$108,500
● House - Off Market

32 James Road

Rantoul, IL 61866
bedrooms
2 Beds
bathrooms
1 Bath
square feet
820 Ft²
$666
Est. Monthly
12.49%
Cap Rate

About This Property

Take a look at this charming bungalow just minutes from shopping and restaurants in Rantoul! The freshly painted interior begins in the spacious living room and continues into an eat-in kitchen featuring beautiful wood cabinets and stylish tile flooring. Two large bedrooms highlighted by gorgeous wood floors share the hall bath. Outside, the back patio leads to a detached garage and plenty of space to play! New roof in 2023 & A/C in 2025. Make this one yours today!
Unit Size
820 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$151
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: 5,197
  • 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: GARDEN MANOR 2ND SUB
  • Land Acres: 0000000119
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 36 GARDEN MANOR 2ND SUB

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 20
  • Parcel: 20-09-03-251-022
  • Lot: 36
  • Meridian: SEC 03 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3065
  • Longitude: -88.1644

    Address

  • Full Address: 32 James Rd
  • Address - House Number: 32
  • Address - Street Name: James
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C008
  • 4-Digit Zip Code: 2815
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $169,552
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 71,644
  • High Value: 90,548
  • Low Value: 52,740

    Market Valuation

  • Market Total Value: $48,180
  • Market Land Value: $12,060
  • Market Improvement Value: $36,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,060
  • Assessed Land Value: $4,020
  • Assessed Improvements Value: $12,040

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9919
  • Previous Sale Recording Date: Jun 04, 2012
  • Previous Sale Contract Date: May 31, 2012
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: 71
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:

$139,925

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1749 ft²

Average Home Age

55 years

Currently For Sale

11 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: Ryan Dallas, RYAN DALLAS REAL ESTATE
Data Source: MRED, MLS# MRD12339055
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 32 James Road built and last sold?
The property at 32 James Road was built in and last sold on Jul 19, 2023 for $78,000.
How much is this home worth?
The estimated value of the home located at 32 James Road is $105,949.
What are some comparable homes to 32 James Road?
There are currently no comparable homes to 32 James Road.
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