$62,525
●
Land -
Off Market
5008 Trey Boulevard
Champaign, IL 61822
Studio
0 Bath
$73,420
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Looking to build your dream home in a luxurious subdivision in
Champaign? This is the perfect subdivision for you! The Jacob's
Landing subdivision is situated in close proximity to the amenities
and job opportunities that the CU community offers. Jacob's
Landing is zoned for single-family homes, hosts paved pathways for
walking and biking, and has a community fishing pond. Enjoy a
Champaign address while being within the Mahomet-Seymour school
district, and right next door to the future site of Judah Christian
Elementary-12th grade school complex. Jacob's Landing also offers
easy access to the new Carle at the Fields, interstates, and
shopping and dining centers. Jacob's Landing is now available to
the builder of your choice. Do not hesitate to secure your lot!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
-
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 #10966873)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by Coldwell Banker R.E. Group | $59,525 | |
| Listed by Coldwell Banker R.E. Group | |||
| | |||
|
Dreaming of building your dream home? Look no further! Competitively priced lot in Jacob's Landing subdivision. If you can imagine it, you can build it! Zoned for single family homes, this subdivision is conveniently located in southwest champaign. The subdivision hosts paved pathways for walking and biking and has a community fishing pond. This Champaign subdivision feeds to the Mahomet-Seymour school district and next to the future site of Judah Christian Elementary-12th grade school. Close to Carle at the Fields, interstates and shopping/dining. Secure your lot and start planning with your builder!
| |||
| Jul 7, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by KELLER WILLIAMS-TREC | $63,525 | |
| Listed by KELLER WILLIAMS-TREC | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Champaign
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Listed by: Barbara Gallivan, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 10966873
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# 10966873
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