$175,000
●
House -
Off Market
1804 Silver Hill Drive
URBANA, IL 61802
4 Beds
3 Baths
2,517 Ft²
$272,926
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Come see this 5 bedroom home in desirable South Ridge subdivision,
just around the corner from the park. The home's large open floor
plan from the kitchen through the family room is great for
entertaining. Kitchen has plenty of cabinet space and large pantry.
The island provides additional counter space too. The fifth bedroom
sits on the main floor with access to a first floor full bathroom.
With 4 bedrooms upstairs, the 5th is currently used as a bonus
room/den. The family room opens to the living room through
French-doors. The large south facing window anchors the room.
Upstairs the master suite has high vaulted ceilings and large
walk-in closet. The spa-like bathroom has a garden tub, dual
vanity, and separate shower room. The home is also close to great
shopping and restaurants.
Unit Size
2,517 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$68
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1995
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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 #09483562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by AroundCU Real Estate Company | $309,900 | |
| Listed by AroundCU Real Estate Company | |||
| | |||
|
Welcome home to this 5-bedroom house in the desirable South Ridge subdivision where you find numerous sideways, trails and parks. Enjoy the fenced-in backyard on the attractive deck. Come inside of this pristine home with over 2,500 square feet and feel the space of the large sprawling rooms that give you so many options. The primary bedroom has vaulted ceilings and a generous walk-in closet. A fifth bedroom, or home office, and a third full bathroom are on the first floor for your convenience. The furnace, a/c, and water heater are all new in 2021, the dishwasher and stove are new in 2018. This is a move-in ready home that has been well-maintained and hopes to remain low-maintenance for years to come. You will truly fall in love with this home at first sight.
| |||
| Jun 15, 2017 | Sold | ||
| Sold | |||
| Jan 23, 2017 | Listed by RE/MAX REALTY ASSOCIATES-MAHO | $170,000 | |
| Listed by RE/MAX REALTY ASSOCIATES-MAHO | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Urbana
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Listed by: , RE/MAX REALTY ASSOCIATES-MAHO
Last Updated: 3 years ago
Data Source: MRED, MLS# 09483562
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# 09483562
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