309 Clay Street
About This Property
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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 |
|---|---|---|---|
| Jun 14, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by BHHS Central Illinois REALTORS | $175,000 | |
| Listed by BHHS Central Illinois REALTORS | |||
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Nestled into the North Normal Historical District, this little bungalow packs a ton of features! Enter the home on a pergola-covered front deck. Large open living room with beautiful, refinished, hardwood floors. Newer kitchen with solid surface counters, high-end GE stainless steel appliances, Bosch dishwasher, composite flooring and eat-in dining area. Two spacious bedrooms with hardwood floors, one with a handsome murphy bed. Built-in linen closet in hall. Lovely updated main bath with composite flooring and glass block window. Central vacuum system, Duette LiteRise shades, Smart thermostat, ring security light and camera, and keyless entry (back door). The basement features an "L" shaped, carpeted family room, attractive custom dry bar, den with barn door, laundry with cabinets and sink, a shower area, and a toilet. Dehumidifier, dewatering system, and battery backup sump pump. The back yard oasis includes, a stone patio, a screened-in heated/fanned summer house, beautifully lighted custom landscape, a grilling area, decorative pond, raised beds, and fence. Oversized heated 2-car garage with unique/custom office area. Roof, gutters, HVAC (2014). Quiet neighborhood, close to ISU!
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| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | Listed by Keller Williams Revolution | $149,900 | |
| Listed by Keller Williams Revolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017