$185,000
●
House -
Off Market
3506 Wegeng Drive
Bloomington, IL 61704
3 Beds
2 Baths
1,224 Ft²
$198,483
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Move right in to this 3 Bedroom Ranch Home! Open Floor Plan in
Dining to Kitchen to Living Room. Engineered Hardwood Floors run
throughout the Main Living Area. The bedrooms feature cozy
carpeting. Custom Kitchen with White Cabinets, Crown Molding,
New Backsplash, and Granite Countertops (2020). Stainless Steel
Appliances stay with the home. Updated Main Bath (2019). Newly
Remodeled Basement Family Room and Lovely Basement Bath with Full
Tiled Shower (2020). Many New Light Fixtures, Ceiling Fans, and
Interior Doors (2020). New Basement Banister, Patio Blinds, Ring
doorbell and Screen Door. New Roof (2018). New Garage Door Key Pad
(2019). Radon Installed (2015).
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$145
Property Type
House
Property Taxes
$270
HOA Dues
$35
Year Built
1998
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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 #11233662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2021 | Listed by RE/MAX Rising | $178,000 | |
| Listed by RE/MAX Rising | |||
| Jun 6, 2020 | In contract | - | |
| In contract | |||
| Jun 3, 2020 | Listed | $154,500 | |
| Listed | |||
| | |||
|
Beautifully Updated 3 Bedroom Ranch Home! Open Floor Plan in Dining to Kitchen to Living Room. Engineered Hardwood Floors Throughout Main Living Area and Carpeting in Bedrooms. Custom Kitchen with Painted White Cabinets, Crown Molding, New Backsplash, and Granite Countertops (2020). Stainless Steel Appliances. Updated Main Bath (2019). Newly Remodeled Basement Family Room and Lovely Basement Bath with Full Tiled Shower (2020). Many New Light Fixtures, Ceiling Fans, and Interior Doors (2020). New Basement Banister, Patio Blinds, and Screen Door. New Roof (2018). New Garage Door Key Pad (2019). Radon Installed (2015). The manager has listed the unit size as 1224 square feet.
| |||
Property Highlights
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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: Alicia O'Malley Chaon, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11233662
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# 11233662
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