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Champaign 61822 Ashland Park
3407 Nobel Drive
$260,000
● House - Off Market

3407 Nobel Drive

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,444 Ft²
$1,612
Est. Monthly
$7
HOA / Fees
6.63%
Cap Rate

About This Property

Welcome to this charming 3-bedroom, 2-bathroom ranch located in the desirable Ashland Park Subdivision. Featuring an open floor plan perfect for modern living, this home boasts a spacious kitchen with ample cabinet and countertop space, ideal for cooking and entertaining. The primary bedroom includes a full en-suite bathroom for added privacy and comfort. Situated on a perimeter lot, the backyard offers extra privacy with no homes directly behind-perfect for relaxing or outdoor gatherings. Don't miss the opportunity to make this inviting home yours!
Unit Size
1,444 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$377
HOA Dues
$7
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
  • 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: 7,179
  • 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: ASHLAND PARK PHASE 2
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 2018 ASHLAND PARK PHASE 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-101-023
  • Lot: 2018
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1558
  • Longitude: -88.257

    Address

  • Full Address: 3407 Nobel Dr
  • Address - House Number: 3407
  • Address - Street Name: Nobel
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1119
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $486,274
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 216,361
  • High Value: 263,071
  • Low Value: 169,650

    Market Valuation

  • Market Total Value: $158,640
  • Market Land Value: $39,570
  • Market Improvement Value: $119,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,880
  • Assessed Land Value: $13,190
  • Assessed Improvements Value: $39,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2007
  • Current Sale Recording Date: Jun 06, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 2007R14193
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 Ashland Park

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1244 ft²

Average Home Age

20.2 years

Currently For Sale

5 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: Nick Taylor, Taylor Realty Associates
Data Source: MRED, MLS# MRD12382830
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 3407 Nobel Drive built and last sold?
The property at 3407 Nobel Drive was built in and last sold on May 29, 2007 for $151,500.
How much is this home worth?
The estimated value of the home located at 3407 Nobel Drive is $0.
What are some comparable homes to 3407 Nobel Drive?
There are currently no comparable homes to 3407 Nobel Drive.
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