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Rantoul 61866
46 GERALD Road
$79,900
● House - Off Market

46 GERALD Road

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$91,441
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

RELAX IN FRONT OF THE LARGE WOOD BURNING FIREPLACE IN THE LARGE LIVING ROOM WITH A LARGE BAY WINDOW IN THIS WELL MAINTAINED THREE BEDROOM HOME LOCATED ON A QUIET TREE LINED STREET ON THE WEST SIDE OF RANTOUL  NEW FLOORING IN THE LIVING ROOM, KITCHEN,  BEDROOMS AND BATHROOM IN 2019,  NEW FURNACE AND AC IN 2019, NEW LIGHT FIXTURES IN 2019,  KITCHEN REMODELED IN 2019, NEW RANGE, DISHWASHER AND FRONT AND REAR DOORS STORM DOORS IN 2019..FENCED REAR YARD, DETACHED ONE CAR  24 X 24 GARAGE..WITH ROOM FOR A WORK BENCH FOR THE HANDYMAN. THE COVERED FRONT PORCH AND CONCRETE PATIO AT THE REAR OF THE HOME MAKE FOR GREAT ENTERTAINING CAPABILITY.  CEILING FANS THROUGHOUT ..ALL THIS IN 1150 SQ FT MAKES FOR ENJOYABLE LIVING..CALL TO SEE TODAY AS THIS ONE WILL NOT LAST LONG!!!   24 HOUR NEEDED BY TENANT FOR APPOINTMENT TO SHOW
Unit Size
1,150 Ft²
Days on Market
-
Land Size
-
Price per sqft
$69
Property Type
House
Property Taxes
$81
HOA Dues
$5
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.

Last updated: 3 years ago (MRED MLS #11147608)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by RYAN DALLAS REAL ESTATE $109,900
Listed by RYAN DALLAS REAL ESTATE
Sold at list
Aug 27, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by REALTY 2000,INC $79,900
Listed by REALTY 2000,INC

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
  • Living Units: 1
  • 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: 5,287
  • 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: GARDEN MANOR 3RD SUB
  • Land Acres: 0000000121
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 50 GARDEN MANOR 2ND SUB AND LOT PT 14 GARDEN MANOR 3RD SUB

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 20
  • Parcel: 20-09-03-253-005
  • Lot: 50,14
  • Meridian: SEC 03 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.307
  • Longitude: -88.1628

    Address

  • Full Address: 46 Gerald Rd
  • Address - House Number: 46
  • Address - Street Name: Gerald
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C008
  • 4-Digit Zip Code: 2812
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $179,370
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 99,043
  • High Value: 125,176
  • Low Value: 72,909

    Market Valuation

  • Market Total Value: $50,970
  • Market Land Value: $13,140
  • Market Improvement Value: $37,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,990
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $12,610

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R21591
  • Previous Sale Recording Date: May 21, 2008
  • Previous Sale Contract Date: May 15, 2008
  • Previous Sale Amount: $55,000
  • 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 Rantoul

Stats & Trends

Median Asking:

$139,950

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1714 ft²

Average Home Age

54.2 years

Currently For Sale

10 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: Herman Fogal, REALTY 2000,INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11147608
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 46 Gerald Road built and last sold?
The property at 46 Gerald Road was built in and last sold on Aug 25, 2021 for $80,000.
How much is this home worth?
The estimated value of the home located at 46 Gerald Road is $0.
What are some comparable homes to 46 Gerald Road?
There are currently no comparable homes to 46 Gerald Road.
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