$110,500
●
House -
Off Market
4 Ross Drive
Bloomington, IL 61701
3 Beds
1 Bath
1,242 Ft²
$111,507
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
This is a great 3 bedroom/1 bathroom/1 story ranch home with a
detached 1.5 car garage. Currently the garage has a great
office space that is furnished. Both the home and the garage
has been recently painted. The home features a large open
main room, three good size bedrooms with hard wood floors, a large
lot and a storage shed. This home features so many positives such
as newer front porch, updates to the kitchen with stainless steel
appliances (including a wine fridge) and newer floors. There
are newer cabinets and flooring in the bathroom as well. Low
traffic area, close to State Farm Corporate, grocery stores, bank,
Four Seasons gym, restaurants, hospital and so much more.
Seller will provide credit for new windows as well.
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$81
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1945
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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 #11229600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by Coldwell Banker Real Estate Group | $100,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Dec 18, 2019 | Listed | $74,900 | |
| Listed | |||
| | |||
|
Great investment property opportunity! This home features a large open main room, three good size bedrooms, a large lot, a storage shed and a 1.5 car garage. This home features so many positives including being located on a dead end street, so there isn't much traffic and is a quiet area. Feeds into Oakland Elementary! This home is also close to so many things including State Farm Corporate, OSF Hospital, Chase Bank, Jewel, Kroger and Walgreens, 4 Seasons Health Club and tons of restaurants (Little Caesars, McDonalds, China Star, Papa Murphy's, Grand Cafe, Dominoes, Smoothie King, Subway and Dunkin Doughnuts). Home sold AS-IS! The manager has listed the unit size as 1300 square feet.
| |||
| Oct 5, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
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: Monica Washington, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11229600
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# 11229600
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