$505,000
●
House -
Off Market
104 Raef Road
Downs, IL 61736
4 Beds
4 Baths,
1
Half Bath
3,670 Ft²
$2,588
Est. Monthly
5.92%
Cap Rate
About This Property
Beautiful contemporary 2-story plan that's so open and grand, built
on a premium cul-de-sac lot in desirable Beecher Trails in Tri
Valley Schools. Enjoy a FP w/built-in blower, hardwood
flooring all thru main level, ample cabinet space in kitchen with
gathering island, main floor laundry/mud-room, flex room to suit
your needs, georgeous staircase with built-in overlook for some
awesome decorative ideas. All BR's are spacious, master suite
and tiled shower are done up just right, and then now you have a
finished basement featuring additional fireplace, wine storage room
under stairs, family room, game area, full bath and bedroom.
Unit Size
3,670 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$10
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.
Last updated: 2 years ago (MRED MLS #12186194)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by BHHS Central Illinois, REALTORS | $525,000 | |
| Listed by BHHS Central Illinois, REALTORS | |||
| Jul 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 13, 2024 | Listed by BHHS Central Illinois, REALTORS | $465,000 | |
| Listed by BHHS Central Illinois, REALTORS | |||
| | |||
|
Incredible two story home in Beecher Trails on a great lot in the cup-de-sac! This home is fresh and fashionable with style and flair. Enter the home and you will be wowed by the 2-story entry. There is a flex room, a huge great room with gas fireplace with blower, large kitchen/dining area with a pantry and island. A nice mudroom/laundry room and 1/2 bath finish off this main floor. Upstairs are 4 bedrooms including the owners' suite. The basement is unfinished, but could be priced and completed to the buyers' wishes. This home offers amazing curb appeal and great space with modern and convenient features. Agent interest.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About McLean
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Listed by: Mark Bowers, BHHS Central Illinois, REALTORS
Last Updated: 2 years ago
Data Source: MRED, MLS# 12186194
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: 2 years ago
Data Source: MRED, MLS# 12186194
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