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Bloomington 61701
405 Beecher Street
$126,000
● House - Off Market

405 Beecher Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
768 Ft²
$138,445
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Adorable bungalow in a convenient location! Near IWU, ISU, the Constitution Trail, and hospital. Both bedrooms have an en-suite bath. Spacious kitchen with first floor laundry. Detached garage off of the alley. Enjoy sitting out on the back patio or on the screened in porch. Must see!
Unit Size
768 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1925

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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.

Last updated: 3 years ago (MRED MLS #11685334)

Price History

Date / Event Date Event Price
Feb 14, 2023 Sold
Premium
Sold
Dec 8, 2022 Listed by CORE 3 Residential Real Estate LLC $132,500
Listed by CORE 3 Residential Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,710
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 768
  • Gross Building Area: 946
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NURSERY ADD
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: NURSERY ADD LOT 9 BLK 1

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001302

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 14-33-451-011
  • Block: 1
  • Lot: 9
  • Meridian: SEC 33 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4919
  • Longitude: -88.9883

    Address

  • Full Address: 405 Beecher St
  • Address - House Number: 405
  • Address - Street Name: Beecher
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C023
  • 4-Digit Zip Code: 1801
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $276,970
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 129,729
  • High Value: 141,408
  • Low Value: 118,051

    Market Valuation

  • Market Total Value: $97,767
  • Market Land Value: $17,574
  • Market Improvement Value: $80,193

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,589
  • Assessed Land Value: $5,858
  • Assessed Improvements Value: $26,731

    Sales

  • Current Sale Contract Date: Mar 20, 2017
  • Current Sale Recording Date: Oct 05, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-00018077
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 Bloomington

Stats & Trends

Median Asking:

$261,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2498 ft²

Average Home Age

61.7 years

Currently For Sale

98 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: Samantha Starkey-Walden, CORE 3 Residential Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11685334
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 405 Beecher Street built and last sold?
The property at 405 Beecher Street was built in 1925 and last sold on Mar 20, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 405 Beecher Street is $0.
What are some comparable homes to 405 Beecher Street?
There are currently no comparable homes to 405 Beecher Street.
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