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Champaign 61874
411 Sutton Street
$455,485
● House - Off Market

411 Sutton Street

Savoy, IL 61874
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,117 Ft²
$478,087
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Featuring 4 bedrooms, 3.5 baths, and 2,683 finished sq.ft., this new construction in Prairie Meadows has everything you need and more! The home has an open floor plan with a welcoming foyer, flex room, mudroom, walk-in pantry, and large kitchen on the 1st floor. The 2nd floor features 3 of the 4 bedrooms with 2 baths and the laundry. Head down to the basement and enjoy the rec room and the 4th bedroom and bath, perfect for guests. The home has such a modern feel with gray and white color scheme, black fixtures, and a custom fireplace surround. BUILDER TO OFFER INTEREST RATE BUYDOWN CLOSING CREDIT! Broker has ownership interest.
Unit Size
2,117 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
$21
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 #11700525)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Jan 12, 2023 Listed by Champaign County Realty $469,900
Listed by Champaign County Realty

Property Highlights

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: 0
  • 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: V
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • Legal Description 1: 2021R15061

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001302

Geography

  • District: 29
  • Parcel: 29-26-01-255-014
  • Lot: 2021R
  • Municipality: TOLONO
  • Latitude: 40.0484
  • Longitude: -88.2443

    Address

  • Full Address: 411 Sutton St
  • Address - House Number: 411
  • Address - Street Name: Sutton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Savoy
  • Carrier Code: R005
  • 4-Digit Zip Code: 9552
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,214
  • Tax Rate Code Area: 2905

    Market Valuation

  • Market Total Value: $450
  • Market Land Value: $450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150
  • Assessed Land Value: $150

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4398
  • Previous Sale Recording Date: Aug 23, 2022
  • Previous Sale Contract Date: Jul 22, 2022
  • Previous Sale Amount: $52,000
  • 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 Champaign

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1981 ft²

Average Home Age

44.5 years

Currently For Sale

426 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: Bill Peifer, Champaign County Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11700525
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 411 Sutton Street built and last sold?
The property at 411 Sutton Street was built in and last sold on Apr 6, 2023 for $455,500.
How much is this home worth?
The estimated value of the home located at 411 Sutton Street is $0.
What are some comparable homes to 411 Sutton Street?
There are currently no comparable homes to 411 Sutton Street.
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