2311 Galen Drive #2
About This Property
The manager has listed the unit size as 1006 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed | $123,500 | |
| Listed | |||
| | |||
|
Great Devonshire Meadows Condo nicely updated and move-in ready!! This two bedroom and 1.5 bathroom unit features new wood flooring, updated baths including new tile flooring, and a beautifully updated kitchen with mostly stainless steel appliances. Furnace and AC replaced in 2015. Back door opens to a private, fenced patio area and a one car garage. HOA covers yard work, snow removal, outside maintenance and building insurance. This pet-friendly unit is very close to the fabulous Morrisey Park. It is on the bus line and within walking distance of local restaurants and shops. This location also provides easy access to downtown Champaign and Savoy shopping areas. This condo could be either owner occupied or could be rented. Make your appointment to see this one right away!
| |||
| Aug 2, 2019 | No longer available | - | |
| No longer available | |||
| Apr 26, 2019 | Relisted | $92,250 | |
| Relisted | |||
| Apr 25, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/12/2026
|
2 Bed
|
1 Bath
|
1046 ft²
|
$164,900
2 Bed
1 Bath
1046 ft²
|
$164,900
07/01/2026
|
Barbara Gallivan
KELLER WILLIAMS-TREC
| |
|
06/06/2024
|
2 Bed
|
2 Bath
|
1056 ft²
|
$161,000
2 Bed
2 Bath
1056 ft²
|
$160,000
-0.62%
07/09/2024
|
Sherry Qiang
KELLER WILLIAMS-TREC
| |
|
02/09/2024
|
2 Bed
|
2 Bath
|
1072 ft²
|
$159,900
2 Bed
2 Bath
1072 ft²
|
$162,000
+1.31%
02/29/2024
|
Creg McDonald
The McDonald Group
| |
|
07/25/2023
|
2 Bed
|
2 Bath
|
1125 ft²
|
$158,900
2 Bed
2 Bath
1125 ft²
|
$158,900
09/26/2023
|
Carol Meinhart
RE/MAX Choice
| |
|
08/23/2021
|
2 Bed
|
2 Bath
|
1060 ft²
|
$109,900
2 Bed
2 Bath
1060 ft²
|
-
-
|
Katie Ruthstrom
Keller Williams - Champaign
| |
|
07/23/2021
|
2 Bed
|
2 Bath
|
1006 ft²
|
$123,500
2 Bed
2 Bath
1006 ft²
|
$122,500
-0.81%
10/01/2021
|
Max McComb
RE/MAX REALTY ASSOCIATES-CHA
| |
|
07/18/2021
|
2 Bed
|
2 Bath
|
1080 ft²
|
$118,990
2 Bed
2 Bath
1080 ft²
|
$120,000
+0.85%
09/03/2021
|
Melanie Broderick
Consumers Choice Realty, Inc.
| |
|
06/07/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$99,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
| |
|
04/28/2020
|
2 Bed
|
2 Bath
|
1080 ft²
|
$98,000
2 Bed
2 Bath
1080 ft²
|
-
-
|
-
| |
|
10/01/2019
|
2 Bed
|
2 Bath
|
1056 ft²
|
$99,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
| |
|
07/15/2019
|
2 Bed
|
2 Bath
|
1050 ft²
|
$110,000
2 Bed
2 Bath
1050 ft²
|
-
-
|
-
| |
|
04/16/2018
|
2 Bed
|
2 Bath
|
1006 ft²
|
$93,250
2 Bed
2 Bath
1006 ft²
|
-
-
|
-
| |
|
02/15/2017
|
2 Bed
|
2 Bath
|
1056 ft²
|
$97,000
2 Bed
2 Bath
1056 ft²
|
$91,000
-6.19%
04/28/2017
|
Ryan Dallas
RYAN DALLAS REAL ESTATE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017