$315,000
●
House -
Off Market
1646 County Road 3500 N
Ludlow, IL 60949
4 Beds
2 Baths,
1
Half Bath
1,500 Ft²
$284,326
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Looking for a home set in a peaceful country setting? This is it!
Sitting on nearly 3 acres, this four bedroom, one and a half
bathroom home is ready for you to move right in. Enjoy sitting on
your front porch to watch the sunset or spread out with a fenced in
two acre section of yard. Several updates to this home include
newer windows, light fixtures, and an updated kitchen and bathroom,
newer furnace, A/C, and water heater, and sealed and heated garage.
The basement is worry free with a transferable waterproof warranty
from Helitech. Bonus: an entire SECOND home on the property
complete with its own kitchen, living room, bathroom, bedroom, and
laundry. The possibilities are endless for additional income or a
mother in law suite! Don't miss this beautiful property!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$183
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
-
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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 #11434736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | Listed by Coldwell Banker R.E. Group | $330,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| | |||
|
Almost 3 acres of peace and tranquility await! If you've been dreaming of your own private retreat, this is a must see! Enjoy this 4 bedroom home with a charming front porch. Updates to the home include New Roof and Gutters on main home, guest home and detached garage-2023. Newer windows, updated kitchen and bathroom, newer HVAC and water heater. New Refrigerator. New toilet in half bath and new light fixtures in home. New hardware on exterior doors. Added insulation in attic. The basement has a waterproof warranty from Helitech. Newer furnace, AC and Water Heater. There is a second home or guest house on the property with its own kitchen, living room, bathroom, bedroom and laundry. Guest home being sold "as-is". Beautiful property! Almost 2 acres are fenced.
| |||
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by eXp Realty,LLC-Maho | $275,000 | |
| Listed by eXp Realty,LLC-Maho | |||
Property Highlights
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Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Champaign
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Listed by: Nate Evans, eXp Realty,LLC-Maho
Last Updated: 3 years ago
Data Source: MRED, MLS# 11434736
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# 11434736
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