$120,000
●
Condo -
Off Market
1302 Lancaster Drive #0
Champaign, IL 61821
2 Beds
2 Baths,
1
Half Bath
1,050 Ft²
$138,692
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
This well kept condo will provide you with the comfort of low
maintenance living and the convenience of location - walking
distance to parks, shopping and restaurants. The organic
bamboo flooring flows throughout the main living area, which gives
you a full open livings space of kitchen, dining and living room.
Depending on the season, you can warm yourself by the fire or
enjoy the private patio space. The main floor includes an
updated kitchen and powder room (both updated in 2021). The
2nd level offers two oversized bedrooms and a semi-private bathroom
with separate dual-sink and shower/toilet spaces. Schedule
your showing today...this one will not last! Check out the HD
photos and 3D Tour.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
Condo
Property Taxes
$210
HOA Dues
$105
Year Built
-
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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 #11094526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2021 | Sold | ||
| Sold | |||
| Jul 18, 2021 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $120,000 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms: 5
Fireplaces: 1
Basement: None
Basement Description: Crawl
Exterior Details
Ownership: Condo
Exterior Building Type: Vinyl Siding
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 462026203018
Property Type: Residential
Year Built: 1965
No Disability Access
Special Conditions: None
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $2,526
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: City of Champa
Corporate Limits: Champaign
Directions: from Windsor turn South on Galen Dr and then West On Lancaster. Or, from Windsor turn South on Stillwater and then East on Lancaster Dr.
County or Parish: Champaign
Elementary School District: 4
Elementary School: Unit 4 Of Choice
Middle Or Junior School District: 4
Middle Or Junior School: Unit 4 Of Choice
High School District: 4
High School: Central High School
Other Details
Association Fee Includes: Other
Association Fee: $105
Association Fee Freq: Monthly
Holds Earnest Money: No
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/18/2021
| |
2 Bed
|
2 Bath
|
1050 ft²
|
$120,000
2 Bed
2 Bath
1050 ft²
|
$120,000
07/19/2021
|
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
|
Building Info
About Pembroke Point
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Listed by: Matt Difanis, RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11094526
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# 11094526
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