$280,000
●
House -
Off Market
609 Sedgegrass Drive
Champaign, IL 61822
3 Beds
2 Baths
1,624 Ft²
$280,810
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
One story with open floor plan with vaulted ceiling and corner
fireplace in the living room. Kitchen with granite countertops,
stainless steel appliances, center island and pantry. Split bedroom
plan with spacious closets, private bath with whirlpool tub and
separate shower. The two additional bedrooms both have ample
closets and share an 2nd full bathroom. Corner lot features a
backyard is great place for entertaining under the covered porch, 2
tiered deck and pergola. The yard has been professionally
landscaped with many perennials, paver edging and an irrigation
system. Showing appointments required.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$473
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 #11466740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jul 23, 2022 | Listed by Century 21 Heartland-Champaign | $270,000 | |
| Listed by Century 21 Heartland-Champaign | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 30, 2020 | In contract | - | |
| In contract | |||
| Aug 28, 2020 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Neat as a pin and ready for you to move right in! You'll love the welcoming front porch, open floor plan with vaulted ceiling and corner fireplace in the living room. Fantastic kitchen with granite countertops, stainless steel appliances, center island and a handy pantry. The master has a spacious closet, private bath with whirlpool tub and separate shower. Two additional bedrooms both have ample closets and share a bath. The backyard is the perfect place for summer BBQ's or just a relaxing place to sit and ponder the day. There's a covered porch, 2 tiered deck and pergola, all surrounded by beautiful landscaping with many perennials, paver edging and an irrigation system to help with the lush green lawn. Hurry - this one is a winner and won't last long! The manager has listed the unit size as 1624 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sawgrass
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Currently no similar homes aroundNearby Rentals
Listed by: Jeffrey Barkstall, Century 21 Heartland-Champaign
Last Updated: 3 years ago
Data Source: MRED, MLS# 11466740
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# 11466740
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