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Champaign 61822
3403 Halifax Drive
$240,000
● House - Off Market

3403 Halifax Drive

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,552 Ft²
$1,493
Est. Monthly
6.93%
Cap Rate

About This Property

Welcome to this charming ranch home featuring 3 bedrooms, 2 bathrooms, and multiple living spaces perfect for relaxation. Situated across the street from Brian Park, you have the option to enjoy the expansive park area or unwind in your own three-seasons room and spacious backyard. The home's mechanics and siding were updated between 2020 and 2021. Nestled in a beautiful neighborhood, this property offers the added benefit of no HOA fees. Don't miss out on this great opportunity!
Unit Size
1,552 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$314
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.

Last updated: 3 years ago (MRED MLS #12144603)

Price History

Date / Event Date Event Price
Oct 23, 2024 Sold
Premium
Sold
Sep 2, 2024 In contract -
In contract
Aug 28, 2024 Listed by KELLER WILLIAMS-TREC $240,000
Listed by KELLER WILLIAMS-TREC

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: 10,241
  • 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: PARKSIDE SUB AND OTHER LAND
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 9 PARKSIDE SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001206

Geography

  • District: 03
  • Parcel: 03-20-21-229-014
  • Lot: 9
  • Meridian: SEC 21 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0968
  • Longitude: -88.3012

    Address

  • Full Address: 3403 Halifax Dr
  • Address - House Number: 3403
  • Address - Street Name: Halifax
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R006
  • 4-Digit Zip Code: 5211
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,522
  • Tax Rate Code Area: 316

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 221,421
  • High Value: 269,224
  • Low Value: 173,618

    Market Valuation

  • Market Total Value: $158,490
  • Market Land Value: $61,440
  • Market Improvement Value: $97,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,830
  • Assessed Land Value: $20,480
  • Assessed Improvements Value: $32,350

    Sales

  • Current Sale Contract Date: Feb 21, 2014
  • Current Sale Recording Date: Feb 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2014R02803

    Financing

  • First Mortgage Financing Type: ADJ
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:

$249,900

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1988 ft²

Average Home Age

44.9 years

Currently For Sale

160 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: Kymberly Hosier, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12144603
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 3403 Halifax Drive built and last sold?
The property at 3403 Halifax Drive was built in and last sold on Feb 21, 2014 for $130,000.
How much is this home worth?
The estimated value of the home located at 3403 Halifax Drive is $0.
What are some comparable homes to 3403 Halifax Drive?
There are currently no comparable homes to 3403 Halifax Drive.
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