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Normal 61761
402 Bradley Lane
$235,000
● House - Off Market

402 Bradley Lane

Normal, IL 61761
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$1,504
Est. Monthly

About This Property

Super Sharp Quad level, Located in NORTH EAST Normal. The kitchen has painted cabinets and a newer breakfast bar, eat in area with granite tops. set of cabinets.  Large bedrooms in this 3 bedrooms,2 baths. Some hardwood floors. AC unit 2022, screened in porch is such a awesome feature, imagine your first cup of coffee seating in the three seasons room over looking a park like setting back yard. There are two sheds in the back yard, one looks like a doll house and the second is a storage shed. Most of the interior of home is freshly   painted. Furnace is newer, sump pump 2yrs old. The lowest level is open storage space or ready to finish for more living space. The yard is the fenced in and has many flower beds and lovely landscaping. Age of roof and water heater unknown.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$112
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1961

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 4
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 960
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 81
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,210
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,000
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHLAND SUB
  • Land Acres: 0000000234
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 14 NORTHLAND SUB TO NORMAL

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000107

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-21-251-004
  • Lot: 14
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.528
  • Longitude: -88.992

    Address

  • Full Address: 402 Bradley Ln
  • Address - House Number: 402
  • Address - Street Name: Bradley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Normal
  • Carrier Code: C046
  • 4-Digit Zip Code: 1218
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $392,970
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 180,046
  • High Value: 213,682
  • Low Value: 146,411

    Market Valuation

  • Market Total Value: $149,238
  • Market Land Value: $35,673
  • Market Improvement Value: $113,565

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,746
  • Assessed Land Value: $11,891
  • Assessed Improvements Value: $37,855

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00020411

    Financing

  • First Mortgage Financing Type: UNK
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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2112 ft²

Average Home Age

40.1 years

Currently For Sale

43 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

Unit for rent at 1613 Belclare Road, Normal, IL, 61761

$3,000 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams
Unit for rent at 1105 Julienne Drive, Normal, IL, 61761

$1,950 /mo

  • 4 Beds
  • 1 Bath
  • 1,450 ft²
1105 Julienne Drive, Normal, IL, 61761 Listing by Tom Petersen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Becky Gerig, RE/MAX Choice
Data Source: MRED, MLS# MRD12459350
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 402 Bradley Lane built and last sold?
The property at 402 Bradley Lane was built in 1961 and last sold on Aug 16, 2021 for $185,000.
How much is this home worth?
The estimated value of the home located at 402 Bradley Lane is $237,837.
What are some comparable homes to 402 Bradley Lane?
There are currently no comparable homes to 402 Bradley Lane.
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