10 Payne Place
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by RE/MAX Rising | $162,500 | |
| Listed by RE/MAX Rising | |||
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This home just oozes character! Set in one of the more unique and charming neighborhoods in Normal this could be the home of your dreams. Fall in love with the large, covered porch from where you can relax and enjoy the mature tree-lined neighborhood containing other well-maintained and unique homes. There are many original characteristics that set this home apart - original hardwood floors, glass doorknobs, solid doors, and the beautiful French doors separating the dining room and living room. There are plenty of updates as well - electrical system, newer furnace and central air, water heater, newer roof, and garage door opener. New fence and garage roof in 2021. Even a newer custom kitchen with stainless appliances and flooring. The bathroom features custom tile surround of the tub/shower combo. The basement is unfinished but offers lots of usable living space. Homes like this do not become available very often! Come check this one out!
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| Jul 8, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Berkshire Hathaway Central Illinois Realtors | $140,000 | |
| Listed by Berkshire Hathaway Central Illinois Realtors | |||
Property Highlights
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About Normal
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017