$149,900
●
House -
Off Market
2313 Rainbow Avenue
Bloomington, IL 61704
3 Beds
1 Bath
989 Ft²
$987
Est. Monthly
$5
HOA / Fees
8.40%
Cap Rate
About This Property
Welcome home to this well cared for ranch! The living room invites
you in with luxury vinyl plank flooring and great natural light. In
the kitchen you'll find custom cherry cabinets with ample space for
storage. Speaking of storage, this house has tons of it! All three
bedrooms have great closets, especially the master bedroom walk in
closet. The 24' foot deep garage can also fit plenty! The full
bathroom just had new flooring installed this week. In the fenced
in backyard you'll see a nice deck to enjoy your time on. The deck
just received a face lift this summer with fresh paint and boards
replaced where needed. In the yard is a storage shed for everything
else you can't fit inside! Schedule your showing today.
Unit Size
989 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
House
Property Taxes
$246
HOA Dues
$5
Year Built
1977
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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 #11942233)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | Listed by Keller Williams Revolution | $149,900 | |
| Listed by Keller Williams Revolution | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $114,900 | |
| Listed | |||
| | |||
|
Amazing condition and convenient 1 level living! Approximately 10 years ago new custom kitchen was installed with cherry cabinets, pull-outs, huge pantry and lots of extra features. Roof, furnace & AC were all replaced about the same time. Windows all replaced with thermal-pane windows. Newer carpet, newer trim. Lovely newer wood laminate flooring. All appliances can remain including deluxe washer & dryer. Large garage is 24' deep. Newer sewer line. Siding vinyl & Aluminum. Nice deck, fenced yard. Pristine! The manager has listed the unit size as 989 square feet.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lakewood-Hillcrest
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Listed by: Emily Buhrow, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11942233
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# 11942233
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