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Champaign 61822 Boulder Ridge
3807 Sandstone Drive
$360,000
● House - Off Market

3807 Sandstone Drive

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,449 Ft²
$2,473
Est. Monthly
8.12%
Cap Rate

About This Property

Welcome to 3807 Sandstone Dr! This well-maintained 4-bedroom, 3-bath home features a functional floor plan with a spacious main level including kitchen, dining room, living room with fireplace, and full bathroom. Upstairs offers four generously sized bedrooms including and a primary suite with walk-in closet and private en suite as well as three other bedrooms, full hallway bath and convenient upstairs laundry room. Full unfinished basement provides ample storage or future living space. Enjoy the expansive covered back patio-ideal for relaxing or entertaining. Built-in tile grill station with dedicated natural gas. Fully fenced backyard. Two-car garage. Great location in a desirable neighborhood with room to grow! Roof is 2020. Newer sharp appliance package.
Unit Size
2,449 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
-

Payment Calculator

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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
Fireplace

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: 6,596
  • 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: BOULDER RIDGE 1ST SUB
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 168 BOULDER RIDGE 1ST SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000902

Geography

  • District: 04
  • Parcel: 41-20-04-358-026
  • Lot: 168
  • Meridian: SEC 04 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1297
  • Longitude: -88.3098

    Address

  • Full Address: 3807 Sandstone Dr
  • Address - House Number: 3807
  • Address - Street Name: Sandstone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R016
  • 4-Digit Zip Code: 2045
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $689,042
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 299,620
  • High Value: 361,630
  • Low Value: 237,610

    Market Valuation

  • Market Total Value: $242,790
  • Market Land Value: $41,460
  • Market Improvement Value: $201,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,930
  • Assessed Land Value: $13,820
  • Assessed Improvements Value: $67,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2005
  • Current Sale Recording Date: Oct 19, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R31715
  • Previous Sale Recording Date: Apr 07, 2005
  • Previous Sale Contract Date: Apr 01, 2005
  • Previous Sale Amount: $363,500
  • 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 Boulder Ridge

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1509 ft²

Average Home Age

11.2 years

Currently For Sale

14 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: Creg McDonald, Realty Select One
Data Source: MRED, MLS# MRD12371971
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 3807 Sandstone Drive built and last sold?
The property at 3807 Sandstone Drive was built in and last sold on Oct 12, 2005 for $205,000.
How much is this home worth?
The estimated value of the home located at 3807 Sandstone Drive is $0.
What are some comparable homes to 3807 Sandstone Drive?
There are currently no comparable homes to 3807 Sandstone Drive.
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