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Ottawa 61350
990 Knottingham Drive
$275,000
● House - Off Market

990 Knottingham Drive

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,315 Ft²
$1,800
Est. Monthly
8.24%
Cap Rate

About This Property

This well cared for brick ranch offers a spacious layout and effortless single-level living. A modern eat-in kitchen and main floor primary suite provide comfort and functionality, while the finished basement adds a generously sized bedroom, full bath, office or workshop, large rec area, and laundry/utility room. Enjoy outdoor living in the fully fenced backyard with a large deck perfect for relaxing or entertaining. The home has been meticulously maintained, with recent mechanical updates including a new water heater (2024) and furnace (2021). Located near Varland and Peck Parks and just a short drive to Ottawa's historic downtown and Washington Park, this home blends comfort with a convenient setting.
Unit Size
1,315 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$194
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1977

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 9,148
  • Total Building Area: 1,315
  • Gross Building Area: 1,315
  • Building Area: 1,315
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,315
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD SITES 4TH ADD
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SHERWOOD SITES 4TH ADD, LT 8 BLK 2 SEC 14-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963600

Geography

  • District: SO
  • Parcel: 22-14-339-008
  • Block: 2
  • Lot: 8
  • Meridian: SEC 14 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3283
  • Longitude: -88.8495

    Address

  • Full Address: 990 Knottingham Dr
  • Address - House Number: 990
  • Address - Street Name: Knottingham
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C016
  • 4-Digit Zip Code: 4226
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,458
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 68
  • Final Value: 218,632
  • High Value: 268,039
  • Low Value: 169,225

    Market Valuation

  • Market Total Value: $186,720
  • Market Land Value: $35,280
  • Market Improvement Value: $151,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,240
  • Assessed Land Value: $11,760
  • Assessed Improvements Value: $50,480

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-17451
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Contract Date: Jun 06, 2018
  • Previous Sale Amount: $165,000
  • 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 Ottawa

Stats & Trends

Median Asking:

$229,000

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1850 ft²

Average Home Age

54.4 years

Currently For Sale

60 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: Jaime Campos, RE/MAX LOYALTY
Data Source: MRED, MLS# MRD12384210
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 990 Knottingham Drive built and last sold?
The property at 990 Knottingham Drive was built in 1977 and last sold on Oct 22, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 990 Knottingham Drive is $257,523.
What are some comparable homes to 990 Knottingham Drive?
There are currently no comparable homes to 990 Knottingham Drive.
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