$275,000
●
House -
Off Market
1220 Ogelthorpe Avenue
Normal, IL 61761
3 Beds
4 Baths,
1
Half Bath
3,084 Ft²
$1,612
Est. Monthly
$5
HOA / Fees
4.40%
Cap Rate
About This Property
Stunning 4 BR, 3 full / 1 half bath home located on a large corner
lot & tree lined street just down from the wonderful Savannah Park.
Walk inside & fall in love with the very spacious, yet perfectly
cozy spaces. Main level includes wood laminate flooring. Beautiful
kitchen w/ lg pantry & all stainless appliances purchased 2019 will
remain. Kitchen opens to family rm w/ lovely gas fireplace. 1st
floor also includes dinning rm & family room. Wonderful master
suite features cathedral ceiling, full bath, & large walk-in
closet. An additional 2 bedrooms, 2nd full bath, & fantastic
laundry space is also located on the 2nd level. Washer & dryer
remain. Great basement spaces include 4th bedroom w/ closet &
egress connected to updated full bath, office, & large storage
space w/ workbench. Fantastic corner lot w/ vinyl fence. Such a
pleasure to view!
Unit Size
3,084 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$81
Property Type
House
Property Taxes
$379
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 #12012373)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by BHHS Central Illinois, REALTORS | $250,000 | |
| Listed by BHHS Central Illinois, REALTORS | |||
| Apr 18, 2019 | No longer available | - | |
| No longer available | |||
| Feb 17, 2019 | Listed | $158,900 | |
| Listed | |||
| | |||
|
Beautiful home with spacious rooms, natural light, and fresh paint, Shaw wood laminate floors. Kitchen open to family room with gas fireplace. 4 bedroom, 3.5 baths. Huge master bedroom with vaulted ceiling, walk-in closet, full bath. Vinyl fenced yard with 3 gates, detached garage on corner lot. Nice square footage for the price. A must see property! $158,900. The manager has listed the unit size as 3102 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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HOA + Taxes
About Normal
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Listed by: Amanda Kinsella, BHHS Central Illinois, REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 12012373
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: 3 years ago
Data Source: MRED, MLS# 12012373
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