1411 Manchester Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 11, 2024 | Listed by Central Illinois Board of REALTORS | $335,000 | |
| Listed by Central Illinois Board of REALTORS | |||
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by RE/MAX Choice | $344,900 | |
| Listed by RE/MAX Choice | |||
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Act quickly on this impressive custom-built 2-story, 5 bedroom, 2.5 bath home in the sought-after Glenshire Subdivision in SW Champaign on a corner lot with a 3.5 car heated garage with attic storage. Enjoy the front wraparound porch and updated enclosed rear porch which leads to a new deck with hot tub, shed, and privately fenced backyard. Upon entering, you are welcomed by a beautiful high-ceiling foyer and staircase. Enjoy the architectural columns, hardwood floors, formal dining room, eat-in kitchen, and fireplace. The roof was replaced in 2016 with 50-year architectural shingles. Enjoy all of this plus the rare lower cost of county taxes! Make this your new home for the holidays!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017