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Marion 62854
8272 Sinclair Road
$257,500
● House - Off Market

8272 Sinclair Road

Kinmundy, IL 62854
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,976 Ft²
$354,391
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

40 acres of playground! "Side-by-side" offroad trails and walking trails throughout, sand-bottom creek, rolling terrain, acre pond, woods, trees, deer, fox, turkey, owls and other wildlife.  Sellers have carved out some camping spots for friends to enjoy the peaceful life, campfires and starry nights as far as you can see.  All this comes with a nearly new 4 bedroom home with open concept kitchen, dining and living areas.  Breakfast bar. Master suite with garden tub and separate shower. Double sinks in both bathrooms.  Large closets in all the rooms.  Beautiful views from all sides of nature's personal  landscape.  Last home on dead end road for privacy but close enough to town for convenience. 5.5 miles to Forbes State Park and Lake.
Unit Size
1,976 Ft²
Days on Market
-
Land Size
40.00 acres
Price per sqft
$144
Property Type
House
Property Taxes
$242
HOA Dues
-
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.

Property Highlights

Garage
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: 1,742,400
  • 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
  • Land Acres: 0000040000
  • Standard Land Use Code: 1008
  • County Land Use Code: 0010
  • Legal Description 1: NW NE

Neighborhood

  • School District Name: South Central Community Unit School District 401
  • Census Tract: 951600

Geography

  • District: 04
  • Parcel: 0423200001
  • Municipality: MEACHAM TOWNSHIP
  • Latitude: 38.7794
  • Longitude: -88.7217

    Address

  • Full Address: 8272 Sinclair Rd
  • Address - House Number: 8272
  • Address - Street Name: Sinclair
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Kinmundy
  • Carrier Code: R021
  • 4-Digit Zip Code: 2338
  • Zip Code: 62854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $480,306
  • Tax Rate Code Area: 04002

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 245,482
  • High Value: 275,470
  • Low Value: 215,493

    Market Valuation

  • Market Total Value: $214,140
  • Market Land Value: $124,350
  • Market Improvement Value: $89,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,380
  • Assessed Land Value: $41,450
  • Assessed Improvements Value: $29,930

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1740
  • Previous Sale Recording Date: Mar 15, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $257,500
  • 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 Marion

Stats & Trends

Median Asking:

$141,500

Sale Price/ft²

$93

Below Asking

0.03%

Average Days on Market

60

Average Home Size

1927 ft²

Average Home Age

65.6 years

Currently For Sale

88 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: Penelope Crain, SOMER REAL ESTATE
Data Source: MRED, MLS# MRDEB434737
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 8272 Sinclair Road built and last sold?
The property at 8272 Sinclair Road was built in and last sold on Apr 8, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 8272 Sinclair Road is $0.
What are some comparable homes to 8272 Sinclair Road?
There are currently no comparable homes to 8272 Sinclair Road.
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