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Bloomington 61701 Gridley Allen Prickett
607 N Oak Street
$62,000
● House - Off Market

607 N Oak Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,251 Ft²
$431
Est. Monthly
14.61%
Cap Rate

About This Property

Sold "as is" Needs lots of TLC! 2 Bedrooms, enclosed porch, galley kitchen, fenced back yard and and appliances remain. Roof approximately 5 years old
Unit Size
1,251 Ft²
Days on Market
-
Land Size
-
Price per sqft
$60
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
1910

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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 #11901019)

Price History

Date / Event Date Event Price
Dec 12, 2023 Sold
Premium
Sold
Oct 9, 2023 Listed by Coldwell Banker Real Estate Group $75,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 3,700
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,251
  • Gross Building Area: 1,379
  • Building Area: 1,251
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,251
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLIN, GRIDLEY 7 PRICKETTS ADD
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: ALLIN, GRIDLEY 7 PRICKETTS ADD N1/2 LOT 6 BLK 20

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001600

Zoning

  • Zoning: GAP3

Geography

  • District: 40
  • Parcel: 21-04-153-003
  • Block: 20
  • Lot: 6
  • Meridian: SEC 04 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.484
  • Longitude: -88.9985

    Address

  • Full Address: 607 N Oak St
  • Address - House Number: 607
  • Street Direction: N
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C017
  • 4-Digit Zip Code: 2865
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $73,040
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 72,490
  • High Value: 79,015
  • Low Value: 65,964

    Market Valuation

  • Market Total Value: $77,535
  • Market Land Value: $15,468
  • Market Improvement Value: $62,067

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,845
  • Assessed Land Value: $5,156
  • Assessed Improvements Value: $20,689
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 Gridley Allen Prickett

Stats & Trends

Median Asking:

$150,000

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

36

Average Home Size

0 ft²

Average Home Age

64 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Greg Zavitz, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11901019
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 607 North Oak Street built and last sold?
The property at 607 North Oak Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 607 North Oak Street is $0.
What are some comparable homes to 607 North Oak Street?
There are currently no comparable homes to 607 North Oak Street.
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