$230,000
●
House -
Off Market
302 Mecherle Drive
Bloomington, IL 61701
3 Beds
2 Baths
1,421 Ft²
$1,372
Est. Monthly
5.49%
Cap Rate
About This Property
What a fabulous open three-bedroom and two full-bathroom
split-level plan home with so many updates! The kitchen was
redone with brand-new cabinets, beautiful granite countertops, tile
backsplash, and new flooring too. All stainless-steel appliances
remain including refrigerator, dishwasher, overhead microwave, and
stove. The lower level has a fantastic family room and
utility room. The washer and dryer are included too!
There is a large deck off the kitchen that leads to a large
and recently fenced-in yard. The two storage sheds in the
backyard even remain. This home is centrally located and ready to
call home!
Unit Size
1,421 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1960
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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 #11943094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | Listed by BHHS Central Illinois, REALTORS | $215,000 | |
| Listed by BHHS Central Illinois, REALTORS | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $129,900 | |
| Listed | |||
| | |||
|
Adorable home in quiet neighborhood! Open first floor plan showcases huge windows, new laminate flooring & charming woodburning fireplace. Generous upper bedrooms boast refinished rich hardwood flooring & updated bath. Finished lower level includes huge fourth bedroom, full bath & large laundry/mudroom with walkout to backyard. Massive yard with beautiful trees & landscaping. The manager has listed the unit size as 2021 square feet.
| |||
| Jul 8, 2017 | Listed | $134,900 | |
| Listed | |||
| | |||
|
Check out this 3-4 bedroom home located on large corner lot. Three bedrooms upstairs featuring original hardwood floors and lower level family room with French doors that could be 4th bedroom if needed. Home features new carpet, fresh paint, and hi-efficiency furnace. All appliances stay. Open floor plan with access to large patio from dining room sliders. Back yard is perfect for entertaining; Summer cookouts, adults toss some bags or horseshoes while the children play on swingset. Central location close to shopping, restaurants, and Ewing Park.The manager has listed the unit size as 1827 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bloomington
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Listed by: Tracy Haas Riley, BHHS Central Illinois, REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11943094
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# 11943094
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