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Champaign 61822
906 Waters Edge Road
$210,000
● House - Off Market

906 Waters Edge Road

Champaign, IL 61822
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,307 Ft²
$1,213
Est. Monthly
3.81%
Cap Rate

About This Property

Welcome home to this move-in ready zero-lot ranch in Champaign! This home boasts 2 bedrooms, 2 bathrooms, and an attached 2-car garage. An open concept interior features updated paint throughout and an inviting kitchen with new stainless steel appliances and a breakfast bar. A spacious primary suite is complete with two closets and an en-suite bathroom. Outside, the private backyard is fully enclosed with a vinyl privacy fence and includes a patio and updated landscaping-perfect for relaxing or entertaining. This home has been meticulously maintained, and all you have to do is move in!
Unit Size
1,307 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
House
Property Taxes
$329
HOA Dues
-
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.

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: 5,422
  • 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: TURNBERRY RIDGE NO 11A SUB
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1105A TURNBERRY RIDGE NO 11A SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 04
  • Parcel: 44-20-16-376-057
  • Lot: 1105A
  • Meridian: SEC 16 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1062
  • Longitude: -88.3058

    Address

  • Full Address: 906 Waters Edge Rd
  • Address - House Number: 906
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: R012
  • 4-Digit Zip Code: 8115
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $367,188
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 190,078
  • High Value: 236,034
  • Low Value: 144,123

    Market Valuation

  • Market Total Value: $137,790
  • Market Land Value: $27,360
  • Market Improvement Value: $110,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,930
  • Assessed Land Value: $9,120
  • Assessed Improvements Value: $36,810

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R10357
  • Previous Sale Recording Date: Jul 16, 2003
  • Previous Sale Contract Date: Jul 01, 2003
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1973 ft²

Average Home Age

42.6 years

Currently For Sale

179 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: Lisa Duncan, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12316748
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 906 Waters Edge Road built and last sold?
The property at 906 Waters Edge Road was built in and last sold on May 3, 2021 for $143,000.
How much is this home worth?
The estimated value of the home located at 906 Waters Edge Road is $0.
What are some comparable homes to 906 Waters Edge Road?
There are currently no comparable homes to 906 Waters Edge Road.
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