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Bloomfield 53128
N1280 Cherry Drive
$320,000
● House - Off Market

N1280 Cherry Drive

Genoa City, WI 53128
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$1,722
Est. Monthly
9.01%
Cap Rate

About This Property

Great 3 Bed/1.5 Bath Home Being Offered Just One Block From Pell Lake & Located In A Quiet & Serene Neighborhood~Main Level Features Newer LVP Flooring Throughout The Living Room & Spacious Kitchen W/Wood Cabinets, Pantry Cabinet & Table Space In Front Of Glass Patio Doors Offering Abundant Sunlight~Spacious Deck Overlooking The Fenced In Backyard W/Firepit & Shed~Half Bath Completes The Main Level~Upstairs Has A  Spacious Master BDRM, 2 Addt'l Good Size BDRMS & A Full Bath~Unfinished Basement W/Laundry Area Offers Future Possibilities Of Adding Addt'l Finished Space~Huge Oversized Attached 2 Car Garage Boasts Addt'l Storage~Many Big Ticket Items Have Been Done Such As New Windows Throughout, New Furnace & Much More~See Full List Of Updates Under Documents Tab.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$250
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PELL LAKE SUBDIVISION
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: LOTS 1774 THRU 1778 BLK 40 PELL LAKE SECTION 1 VILLAGE OF BLOOMFIELD PER INCORPORATION #831032 OMITS MPL-385

Neighborhood

  • School District Name: Lake Geneva Joint No. 1 School District
  • School Tax School District: LAKE GENEVA J1
  • School Tax District Code 2: LK GENEVA-GENOA
  • Census Tract: 001701

Zoning

  • Zoning: R1

Geography

  • Parcel: &PL 00385
  • Block: 40
  • Lot: 1774
  • Municipality: VILLAGE OF BLOOMFIELD
  • Latitude: 42.5376
  • Longitude: -88.3622

    Address

  • Full Address: N1280 Cherry Dr
  • Address - House Number: N1280
  • Address - Street Name: Cherry
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Genoa City
  • Carrier Code: R002
  • 4-Digit Zip Code: 1782
  • Zip Code: 53128

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $267,681
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.2509
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 279,919
  • High Value: 350,171
  • Low Value: 209,667

    Market Valuation

  • Market Total Value: $183,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,700
  • Assessed Land Value: $20,400
  • Assessed Improvements Value: $110,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2019
  • Current Sale Recording Date: Apr 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 985044
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bloomfield

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

72

Average Home Size

1879 ft²

Average Home Age

31.5 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Scott Eberle, HomeSmart Connect LLC
Data Source: MRED, MLS# MRD12305558
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.

Frequently Asked Questions

When was property at N1280 Cherry Drive built and last sold?
The property at N1280 Cherry Drive was built in and last sold on Apr 4, 2019 for $169,000.
How much is this home worth?
The estimated value of the home located at N1280 Cherry Drive is $292,528.
What are some comparable homes to N1280 Cherry Drive?
There are currently no comparable homes to N1280 Cherry Drive.
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