$185,000
●
House -
Off Market
2302 Clover Lane
Champaign, IL 61821
3 Beds
2 Baths
1,470 Ft²
$199,502
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Well maintained 1 story ranch home with 3 generously sized bedrooms
and 2 full bathrooms. Enjoy the sunset on the covered front
porch or be in the shade on the back deck. The large 2 Car
Garage is extra deep for all of life's toys. The kitchen is large
with updated appliances and opens to the dining and living areas.
The home also has a formal living room off the front entry of
the home. Dogs will enjoy the fenced yard. The
laundry is secluded in its own closet. All appliances stay
including Washer / Dryer. The roof was new in 2020, the front
of the home is brick, and the rest of home is low maintenance
siding. Windows have been upgraded to double hung 2 pane
vinyl windows for added efficiency and no maintencance.
Updated central air unit and forced air furnace system.
Appliances stay.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1978
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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 #11374794)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by KELLER WILLIAMS-TREC | $229,500 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
|
Welcome to this well maintained 1 story ranch home with 3 bedrooms and 2 full bathrooms! The house features good curb appeal, an open circular floorplan, a covered front porch, new floorings in all bedrooms, updated appliances in the kitchen, 2 large deep car garage, fenced backyard, The laundry is secluded in its own closet. All appliances stay including Washer/Dryer. The roof was new in 2020. Windows have been upgraded to double hung 2 pane vinyl, newer Updated central air unit and forced air furnace system. Close to park and schools.
| |||
| Jul 6, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by RE/MAX Choice | $195,000 | |
| Listed by RE/MAX Choice | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
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ft²
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HOA + Taxes
About Champaign
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Listed by: Tim Hoss Jr., RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11374794
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# 11374794
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