$131,000
●
House -
Off Market
709 Hawthorne Drive
Urbana, IL 61801
2 Beds
1 Bath
747 Ft²
$124,069
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Your next home is this 2 bedroom, 1 bathroom charming ranch located
on quiet Hawthorne Drive in Urbana! In 2016, this home was gutted
down to the studs and was completely remodeled, which means that
everything--- insulation, drywall, trim, door, plumbing,
electrical, furnace and AC, flooring, appliances, windows, siding,
roof are only 6 years young! The eat-in kitchen features
custom cabinets, quartz counters, and stainless steel appliances.
All appliances, including the washer and dryer stay. There's
also an attached one-car garage that had a new floor poured in
2016! The large backyard has a 10x10 concrete patio.
Hurry! This one will not last long!
Unit Size
747 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$161
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1951
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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 #11390977)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Relisted | $140,000 | |
| Relisted | |||
| May 1, 2024 | Listed by Coldwell Banker R.E. Group | $140,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| | |||
|
This adorable 2 bedroom ranch in Urbana is back on the market due to buyer's financing falling through at the very last minute. This home was completely remodeled in 2016. Everything new at that time, insulation, drywall, trim, door, plumbing, electrical, furnace and AC, flooring, appliances, windows, siding and roof. The kitchen features custom cabinets, quartz counters, and stainless steel appliances and white subway tile backsplash that is continued as an accent in the bathroom shower. Shared mechanical/laundry room has nice shelving for storage. Plenty of room to relax in the large backyard or on the 10x10 concrete patio.
| |||
| Aug 2, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Urbana
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Listed by: Joe Zalabak, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11390977
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# 11390977
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