$137,500
●
House -
Off Market
1223 Mount Vernon Drive
Bloomington, IL 61704
3 Beds
1 Bath
960 Ft²
$139,061
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Charming 3 Bedroom Ranch featuring new paint, tile flooring, newer
cabinets, 18 inch tile flooring in kitchen and bath 2020.
Newer laminate flooring in living room and bedrooms. Higher
end appliances, updated Bath and upgraded electrical to circuit
breakers 2016. New roof in 2016, all newer Vinyl tip in
windows by Window World, water heater furnace and A/C in 2016.
Just painted walls 6/15/2022. Attractive Kitchen with
nice work area, pantry, and view of fenced backyard and concrete
patio. Storage shed in rear of yard. One car garage
with Opener. Walk to grade school, and easy access to work,
Highway, Parks, entertainment. Great investment Act now!
Radon Mitigated
Unit Size
960 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$140
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1963
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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 #11438922)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by Coldwell Banker Real Estate Group | $145,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| | |||
|
Extremely well-maintained 3-bedroom ranch home. Entering the home, you will feel the inviting living space with natural lighting from the updated window and the lovely wood laminate flooring. The spacious eat-in kitchen is equipped with tile flooring and offers a stainless appliance package that will remain. No carpet throughout! All bedrooms and hallways have wood laminate flooring. Main-level laundry (washer and dryer do not remain). The backyard is fully fenced-in with a patio and shed. Updates include, but are not limited to: tile floors in the kitchen and bathroom in 2020, roof in 2016, gutters with leaf guards in 2023, Window World windows in 2016, a water heater in 2016, a furnace and AC in 2016, updated some closet shelving in 2023, and walls painted in 2022. Convenient location close to elementary school, shopping, grocery, dining, and more!
| |||
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by RE/MAX Choice | $134,500 | |
| Listed by RE/MAX Choice | |||
Property Highlights
Garage
Air Conditioning
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bloomington
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Listed by: Al Legg, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11438922
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# 11438922
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