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Normal 61761
914 Drayton Street
$170,000
● House - Off Market

914 Drayton Street

Normal, IL 61761
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,160 Ft²
$175,956
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Spacious 4 Bed 2 Bath Ranch in Savannah Green! Main floor features large vaulted family room open to the dining room, nice kitchen w/ plenty of cabinet space, 2 good sized bedrooms and full bath. Large family room downstairs with an addition 2 bedroom and full bath, perfect for guests. Newer Flooring in living/dining room. Newer treks decking and landscaping. Fenced back yard. Do not miss out on this one!
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$72
Property Type
House
Property Taxes
$327
HOA Dues
$5
Year Built
2003

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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 #11135824)

Price History

Date / Event Date Event Price
Sep 1, 2021 Sold
Premium
Sold
Jun 26, 2021 Listed by Berkshire Hathaway Central Illinois Realtors $155,000
Listed by Berkshire Hathaway Central Illinois Realtors

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,056
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,001
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,138
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAVANNAH GREEN SUB
  • Land Acres: 0000000138
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SAVANNAH GREEN SUB 7TH ADD LT 253

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000109

Geography

  • District: 30
  • Parcel: 14-22-408-012
  • Lot: 253
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5222
  • Longitude: -88.9725

    Address

  • Full Address: 914 Drayton St
  • Address - House Number: 914
  • Address - Street Name: Drayton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: R029
  • 4-Digit Zip Code: 5757
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $423,828
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 233,769
  • High Value: 270,061
  • Low Value: 197,477

    Market Valuation

  • Market Total Value: $159,543
  • Market Land Value: $26,796
  • Market Improvement Value: $132,747

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,181
  • Assessed Land Value: $8,932
  • Assessed Improvements Value: $44,249

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00022570
  • Previous Sale Recording Date: Oct 17, 2008
  • Previous Sale Contract Date: Oct 09, 2008
  • Previous Sale Amount: $140,000
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2130 ft²

Average Home Age

40 years

Currently For Sale

44 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

Unit for rent at 1613 Belclare Road, Normal, IL, 61761

$3,000 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dan Kniery, Berkshire Hathaway Central Illinois Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11135824
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 914 Drayton Street built and last sold?
The property at 914 Drayton Street was built in 2003 and last sold on Aug 31, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 914 Drayton Street is $161,797.
What are some comparable homes to 914 Drayton Street?
There are currently no comparable homes to 914 Drayton Street.
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