$104,000
●
House -
Off Market
1406 Wiley Drive
Urbana, IL 61801
2 Beds
1 Bath
766 Ft²
$115,569
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
MOVE IN ready Ranch home, close to campus, shopping and
restaurants. Features a living room, eat-in-Kitchen with
custom soft close drawers, bar setting for table, complete with all
appliances. There are 2 bedrooms and full bath with hall
closet. Outback you'll enjoy grilling on the deck, the full
fenced yard and oversized two car garage. Garage has plenty of room
and additional storage space, perfect for a workshop, the hobbyist,
or gardener. Updates include newer roof, additional insulation,
replacement windows in 2010, AC and furnace 10 years old.
Unit Size
766 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1952
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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 #11256161)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by KELLER WILLIAMS-TREC | $139,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
|
The one you've been waiting for! 1406 Wiley Dr. is an adorable option just minutes from campus, downtown, restaurants and shops. An ultra-convenient location - this is an attractive option for your new home or your next investment property. This ranch style home offers one-level living, 2 good-sized bedrooms each with new carpet, and a functional layout with plenty of natural light filling each room. It also has a great outdoor space where you'll find a nice deck and a fenced yard - perfect for relaxing or entertaining. The 2-car garage offers plenty of extra room for storage or a workshop. Appliances convey with acceptable offer. This home is move-in ready and just waiting on you! Pre-inspection on file. Offer deadline - 4/20 @ 6:00p.m.
| |||
| Aug 23, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by KELLER WILLIAMS-TREC | $125,000 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
|
Welcome home! This adorable, move-in ready home, close to campus, shopping and restaurants is the perfect place for a first-time home buyer or someone looking for their next investment property. This home features a nice size living room with plenty of natural light, an eat-in-kitchen, as well as 2 bedrooms and 1 full bathroom. The oversized utility room and hall closet are great for extra storage. Outside you'll find a nice deck and yard for entertaining or outdoor activities. Finally, the oversized 2-car garage is an added bonus with plenty of room for storage or a workshop space. This home has so much to offer including many updates and is turnkey for the next owners. Give us a call to learn more!
| |||
| Dec 20, 2021 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Urbana
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Listed by: Stefanie Pratt, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11256161
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# 11256161
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