$392,000
●
House -
Off Market
1306 Belmeade Drive
Champaign, IL 61821
4 Beds
3 Baths,
1
Half Bath
3,117 Ft²
$2,653
Est. Monthly
6.50%
Cap Rate
About This Property
LOCATION, LOCATION, LOCATION! Close to Mayfair Park and a nod away
from the esteemed Waverly Dr., the tree lined streets usher you in
with the charm of the neighborhood. Inside many elements resemble
mid-century modern. Custom cherry cabinets in the kitchen, Corian
tops. Double sided fireplace. Polished crab orchard stone quarry
tile in the entryway, kitchen and dining area. Cherry wood built
ins. Downstairs family room has the original shuffleboard game
floor on it. 4 season sunroom overlooks the fenced in yard.
Replacement Anderson windows. Garage is heated and cooled. AC-2020.
Dishwasher-2021
Unit Size
3,117 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$126
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1959
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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 #12105771)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Coldwell Banker R.E. Group | $392,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| Sep 4, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $299,900 | |
| Listed | |||
| | |||
|
Location, Location, Location! 4 bedroom, 2.5 bath period home with thoughtful updates. Custom kitchen with cherry cabinets and Corian countertops. Polished Crab Orchard Stone quarry tile is an eye catcher throughout the entry hall, kitchen and dining room. Double sided fireplace. Cherry wood built-ins. Large bedrooms with generous storage. Family room has original shuffleboard game floor. 4 season Sunroom overlooks fenced yard. Replacement Anderson windows. Attached two car garage. 1/2 block to Mayfair Park on a quiet, low traffic street. Pre-inspected no inspection contingencies The manager has listed the unit size as 3100 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Champaign
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Listed by: Jeffrey Finke, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12105771
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# 12105771
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