$285,000
●
Condo -
Off Market
1601 Lakeside Drive #B
Champaign, IL 61821
3 Beds
2 Baths
1,661 Ft²
$283,940
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
This beautiful Old Farm condo is the perfect place to call home!
New paint and carpeting throughout give it a fresh, clean look.
Upon entry you'll notice the hardwood flooring and multiple closets
for coats and storage. The large living room greets you with
built-in book cases, fireplace, cathedral ceilings and adjacent
dining space with room for a table. The kitchen features all
stainless appliances, granite countertops, a large pantry,
hardwoods and white cabinetry while the breakfast area overlooks
the spacious decking. Other attractive features include the nicely
sized bedrooms, a thoughtful floorpan, Pella windows and a new roof
in 2021. All appliances included. Monthly fee includes exterior
maintenance, landscaping and snow removal.
Unit Size
1,661 Ft²
Days on Market
-
Land Size
-
Price per sqft
$172
Property Type
Condo
Property Taxes
$550
HOA Dues
$255
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11878903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Coldwell Banker R.E. Group | $285,000 | |
| Listed by Coldwell Banker R.E. Group | |||
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 4
Garage Spaces: 2
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 3
Bathrooms: 2
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms: 6
Fireplaces: 1
Basement: None
Basement Description: Crawl
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Cedar
Age: 26-30 Years
Rebuilt(Y/N): No
Parcel Number: 452023105013
Property Type: Residential
Year Built: 1995
Roof: Asphalt
No Disability Access
Special Conditions: None
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $6,595
Utilities Details
Cooling: Central Air
Heating: Forced Air
Sewer : Public Sewer
Location Details
Township: City of Champa
Corporate Limits: Champaign
Directions: North on Lakeside from Broadmoor
County or Parish: Champaign
Elementary School District: 4
Elementary School: Unit 4 Of Choice
Middle Or Junior School District: 4
Middle Or Junior School: Champaign/Middle Call Unit 4 351
High School District: 4
High School: Central High School
Other Details
Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal
Association Fee: $255
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 |
|---|---|---|---|---|---|---|---|
|
09/07/2023
|
3 Bed
|
2 Bath
|
1661 ft²
|
$285,000
3 Bed
2 Bath
1661 ft²
|
$285,000
10/11/2023
|
Alisa Demarco
Coldwell Banker R.E. Group
|
Building Info
About Champaign
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Alisa Demarco, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11878903
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# 11878903
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017