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Champaign 61821
3320 Kimberly Drive
$130,000
● House - Off Market

3320 Kimberly Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$841
Est. Monthly
14.58%
Cap Rate

About This Property

This is a longtime rental house, freshly vacated and professionally cleaned and ready for a new owner! The house offers a popular floor plan with the former one-car garage converted to a bonus room. The house has been diligently maintained over the years, including new water heater in 2022, new vinyl flooring in 2022, deck in 2022, range in 2021, and new roof (complete tear-off) in 2021. There is a large fully fenced backyard with garden shed. See 3D virtual tour!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$108
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1970

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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.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,012
  • Total Building Area: 1,203
  • Building Area: 1,203
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLERS RIDGEWOOD 2ND SUB AND OTHER LAND
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 171 WELLERS RIDGEWOOD 2ND SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001201

Geography

  • District: 04
  • Parcel: 44-20-16-202-014
  • Lot: 171
  • Meridian: SEC 16 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1114
  • Longitude: -88.3034

    Address

  • Full Address: 3320 Kimberly Dr
  • Address - House Number: 3320
  • Address - Street Name: Kimberly
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C066
  • 4-Digit Zip Code: 3403
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $224,010
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 125,434
  • High Value: 151,424
  • Low Value: 99,444

    Market Valuation

  • Market Total Value: $91,080
  • Market Land Value: $21,420
  • Market Improvement Value: $69,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,360
  • Assessed Land Value: $7,140
  • Assessed Improvements Value: $23,220

    Exemptions

  • Homeowner Exemption: Yes
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 Champaign

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2000 ft²

Average Home Age

42.1 years

Currently For Sale

175 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: Matt Difanis, RE/MAX REALTY ASSOCIATES-CHA
Data Source: MRED, MLS# MRD12358078
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 3320 Kimberly Drive built and last sold?
The property at 3320 Kimberly Drive was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3320 Kimberly Drive is $0.
What are some comparable homes to 3320 Kimberly Drive?
There are currently no comparable homes to 3320 Kimberly Drive.
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