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Rantoul 61866
34 Gerald Road
$119,500
● House - Off Market

34 Gerald Road

Rantoul, IL 61866
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$784
Est. Monthly
18.84%
Cap Rate

About This Property

Take a look at this charming two bedroom ranch peacefully sitting on a large corner lot in Rantoul! You'll love the flowing layout found inside starting with a spacious dining area with cozy fireplace and kitchen, perfect for entertaining. The bright and airy living room boasts clean lines and beautiful natural light. Both bedrooms offer ample closet space and share the full bath. Check out the separate laundry room for bonus storage options. Outside, the large patio area provides the ideal spot to enjoy the fresh air! Sold as is. Schedule your private tour today!
Unit Size
1,088 Ft²
Days on Market
-
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
$196
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

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: 4,407
  • 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: 0000000101
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 38 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: 20-09-03-251-024
  • Lot: 38
  • Meridian: SEC 03 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3063
  • Longitude: -88.1643

    Address

  • Full Address: 34 Gerald Rd
  • Address - House Number: 34
  • Address - Street Name: Gerald
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C008
  • 4-Digit Zip Code: 2813
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $195,102
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 88,155
  • High Value: 111,415
  • Low Value: 64,894

    Market Valuation

  • Market Total Value: $73,440
  • Market Land Value: $13,140
  • Market Improvement Value: $60,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,480
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $20,100

    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 Rantoul

Stats & Trends

Median Asking:

$139,975

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

54

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

Rentals Near You

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MRED

Listed by: Ryan Dallas, RYAN DALLAS REAL ESTATE
Data Source: MRED, MLS# MRD12468069
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 34 Gerald Road built and last sold?
The property at 34 Gerald Road 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 34 Gerald Road is $0.
What are some comparable homes to 34 Gerald Road?
There are currently no comparable homes to 34 Gerald Road.
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