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Champaign 61822 Ashland Park
611 Newton Drive
$245,000
● House - Off Market

611 Newton Drive

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,442 Ft²
$1,571
Est. Monthly
$7
HOA / Fees
4.89%
Cap Rate

About This Property

This beautiful Ashland Park home features an updated and upgraded kitchen and vaulted ceilings in the living room.  The kitchen has been updated with natural stone counter tops, white cabinets, stainless steel appliances, and porcelain tile flooring.  The primary bedroom suite features a large walk-in closet and bath with a large shower.  Location could not be better with this home - less than one block from Toalson Park, and within walking distance of the north Prospect commercial area!
Unit Size
1,442 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
$410
HOA Dues
$7
Year Built
-

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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 #12052614)

Price History

Date / Event Date Event Price
Aug 2, 2024 Sold
Premium
Sold
May 22, 2024 Listed by JOEL WARD HOMES, INC $235,000
Listed by JOEL WARD HOMES, INC

Property Highlights

Air Conditioning

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: 5,188
  • 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: ASHLAND PARK PHASE 1
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1023 ASHLAND PARK PHASE 1

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-103-006
  • Lot: 1023
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1526
  • Longitude: -88.2548

    Address

  • Full Address: 611 Newton Dr
  • Address - House Number: 611
  • Address - Street Name: Newton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1024
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $407,098
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 214,931
  • High Value: 263,611
  • Low Value: 166,252

    Market Valuation

  • Market Total Value: $150,810
  • Market Land Value: $36,660
  • Market Improvement Value: $114,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,270
  • Assessed Land Value: $12,220
  • Assessed Improvements Value: $38,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2011
  • Current Sale Recording Date: Jul 25, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011R14782
  • Previous Sale Recording Date: Jul 19, 2005
  • Previous Sale Contract Date: Jul 14, 2005
  • Previous Sale Amount: $134,500
  • 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 Ashland Park

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1248 ft²

Average Home Age

20.3 years

Currently For Sale

4 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: Nicholas Ward, JOEL WARD HOMES, INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12052614
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 611 Newton Drive built and last sold?
The property at 611 Newton Drive was built in and last sold on Jul 22, 2011 for $136,000.
How much is this home worth?
The estimated value of the home located at 611 Newton Drive is $0.
What are some comparable homes to 611 Newton Drive?
There are currently no comparable homes to 611 Newton Drive.
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