809 N Mclean Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Keller Williams Revolution | $285,000 | |
| Listed by Keller Williams Revolution | |||
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Introducing a magnificent historic Victorian home nestled near downtown Bloomington, overlooking the picturesque Franklin Square. This charming residence has undergone significant updates in the last four years, ensuring modern comfort while preserving its timeless allure. Stepping inside, you'll immediately notice the care and attention given to this property. The roof has been recently replaced, providing peace of mind for years to come. The entire house has been fitted with new copper piping and with new appliances and light fixtures, the home effortlessly combines contemporary convenience with classic elegance. The main floor boasts a tastefully remodeled bathroom, adding a touch of sophistication to your daily routine. The primary bath has also been thoughtfully renovated, providing a private sanctuary to unwind and rejuvenate. Additionally, a new 75-gallon water heater has been installed, ensuring an ample supply of hot water for the entire household. The electrical system has been updated, enhancing safety and functionality. In the back entryway, new flooring has been laid, creating a welcoming ambiance. A new HVAC system ensures optimal climate control throughout the year, while a remodeled second upstairs bathroom completes 3 full bathrooms! One of the standout features of this remarkable property is its vast attic space, which presents an exciting opportunity for customization. Whether you envision a home office, a recreation room, or simply desire abundant storage, this generous attic space offers endless possibilities.Situated on a corner lot, this home enjoys an enviable location directly across from the park, providing a serene view and a wealth of outdoor activities at your doorstep. With five bedrooms and three bathrooms, there's plenty of room for the entire family to thrive. The full unfinished basement offers even more potential, allowing you to tailor the space to suit your specific needs. Inside, hardwood floors exude warmth and character, complemented by original woodwork that showcases the home's rich history. The two-car carriage house adds a touch of nostalgia and provides ample space for parking and additional storage. With the exterior scraped and primed, the stage is set for the new owner to put their personal touch on this remarkable home. Choose your own paint colors to make a statement and further enhance its curb appeal, allowing the exterior to match the splendor found within. This property is located within the Franklin Park Historic District and has an S4 historic overlay, providing both oversight and potential funding for exterior work. Don't miss the chance to own a piece of history in this desirable location. Embrace the elegance and modernity of this meticulously updated Victorian home. Schedule a showing today and discover the timeless charm and unmatched potential of this remarkable property.
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| Jan 31, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by BHHS Central Illinois REALTORS | $250,000 | |
| Listed by BHHS Central Illinois REALTORS | |||
| May 31, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017