$145,000
●
House -
Off Market
1205 Paula Drive
Champaign, IL 61821
3 Beds
1 Bath
1,225 Ft²
$852
Est. Monthly
13.74%
Cap Rate
About This Property
Charming ranch-style home featuring three bedrooms and a
beautifully updated bathroom with a sleek new tile shower. Freshly
installed carpet and a full interior repaint give the home a modern
and inviting feel. Enjoy the expansive fenced-in backyard, perfect
for outdoor activities or relaxing in privacy. Additional
highlights include an updated roof and a convenient attached
one-car garage. This move-in-ready home is ready to welcome its new
owners!
Unit Size
1,225 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1963
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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: 2 years ago (MRED MLS #12255370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 16, 2024 | Listed by KELLER WILLIAMS-TREC | $145,000 | |
| Listed by KELLER WILLIAMS-TREC | |||
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $130,000 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
| | |||
|
Welcome to 1205 Paula Drive, a delightful 1,100 square foot brick ranch home in the heart of Champaign, IL. This cozy residence features three comfortable bedrooms and one well-appointed bathroom, making it a perfect fit for those seeking a simple, yet comfortable living space. The home boasts an updated roof, providing peace of mind and protection from the elements. It also includes a convenient one-car attached garage, ensuring secure parking right at home. Offered in an "as-is" condition, this property presents a great opportunity for buyers looking to personalize their new home. With its warm and inviting atmosphere, this charming home is ideal for families, first-time homebuyers, or anyone looking to settle in a friendly community. Don't miss out on this fantastic opportunity to own a lovely home in Champaign. Contact us today to schedule your private tour and see all that this home has to offer! Recommended closing after August 30.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Garden Hills
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Listed by: Jennifer McClellan, KELLER WILLIAMS-TREC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12255370
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12255370
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