$240,000
●
House -
Off Market
1405 Mayfair Road
Champaign, IL 61821
4 Beds
2 Baths
1,614 Ft²
$1,660
Est. Monthly
15.05%
Cap Rate
About This Property
Absolutely stunning ranch-style home in an ideal location! The curb
appeal is truly impressive and sets the perfect tone. As you step
inside, you'll immediately notice the beautiful hardwood floors in
the living room and dining room, complemented by a stunning front
picture window featuring built-in blinds. The bathrooms have been
tastefully updated with new flooring and a new double sink vanity
in the larger bathroom. The kitchen boasts new flooring and
stainless steel appliances, adding to its appeal. All bedrooms
feature hardwood floors for a cohesive look throughout the home.
Descend the stairs leading into the basement recreational area,
creating a cozy space for relaxation. Outside, you'll find a
wonderful wood deck and steps, perfect for enjoying the outdoors.
The garage is being sold as-is.
Unit Size
1,614 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$155
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1957
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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 #12041086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | Listed by eXp Realty,LLC-Cha | $250,000 | |
| Listed by eXp Realty,LLC-Cha | |||
| May 10, 2021 | No longer available | - | |
| No longer available | |||
| May 4, 2021 | Listed | $199,900 | |
| Listed | |||
| | |||
|
Beautiful Ranch, wonderful location! Great curb appeal is the first impression! Walk in this home and notice gorgeous hardwood floors in the living room and dining room, beautiful front picture window with built-in blinds, very sharp updated bathrooms include new flooring new double sink vanity in the larger bathroom, new floor in the kitchen with stainless steel appliances, hardwood floors in all of the bedrooms. New carpet leading down the stairs and into the basement Rec area. Wonderful wood steps and deck outback. Sellers are planning to remove Iris in the backyard and replant with seed. Garage is as is. The manager has listed the unit size as 1675 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mayfair
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Listed by: Rick Wilberg, eXp Realty,LLC-Cha
Last Updated: 3 years ago
Data Source: MRED, MLS# 12041086
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# 12041086
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