$300,700
●
House -
Off Market
2508 WATERVILLE Drive
CHAMPAIGN, IL 61822
4 Beds
3 Baths,
1
Half Bath
3,188 Ft²
$509,924
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
WOW, WHAT A PRICE FOR WATERFRONT IN CHERRY HILLS! Great floor plan
for today's lifestyles. 2 story entry, vaulted ceiling in family
room with full stone fireplace. Spacious eat in kitchen with plenty
of storage and breakfast bar. There's a large utility/laundry room
and a first floor office! French doors open to custom paver stone
patio overlooking one of the largest lakes in Cherry Hills. Large
master suite, two closets, large master bath with dual vanities and
large corner tub. Nicely finished basement with granite topped bar,
rec area and plenty of storage. New roof in 2014. Don't
miss this terrific home!
Unit Size
3,188 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$837
HOA Dues
$8
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 #09478516)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by KELLER WILLIAMS-TREC | $399,000 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
|
Beautiful Lake Front Property in Cherry Hills. Stainless appliances, Granite Countertop. French Doors added in Den/Study area in addition to built in bookshelves, and cabinets. New light fixtures in Family Room which features great view of the lake, fireplace and vaulted ceiling. Master closet has new storage system. Master Bath, closet, guest bath and laundry room all have updated light fixtures. New screens in all of the windows. Basement floors in storage areas have been sealed and built in shelving added. New blinds added in laundry room, over kitchen sink and front door side windows. One of the bedrooms is being used as a studio easily converted back to a bedroom, exercise or playroom, the floors and light fixtures have been updated. All of the vents and fireplace were cleaned 2019. Radon Mitigation is installed. Don't miss the Video and Floorplan. This one will go fast!
| |||
| Jul 21, 2017 | Sold | ||
| Sold | |||
| May 24, 2016 | Listed by McDonald Group, The | $319,000 | |
| Listed by McDonald Group, The | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Champaign
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Listed by: , McDonald Group, The
Last Updated: 3 years ago
Data Source: MRED, MLS# 09478516
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# 09478516
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