$245,000
●
House -
Off Market
115 Mildred Lane
Chicago Heights, IL 60411
2 Beds
2 Baths
1,100 Ft²
$243,188
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Beautiful home on quite street, everything upgraded. Two bedroom
ranch with finished basement. Can easily be changed back to a three
bedroom. Two new updated bathrooms. One with rain shower and side
jets, hardwood floors, vinyl windows. new vinyl flooring kitchen.
Newer appliances, custom paint. New battery back up for sub pump.
Roof 2017 house and garage. New air 2015. New carpet two years old.
And new vinyl fence. This house is a diamond move in and enjoy,
take a look at photos and video. Shed not included as well
as washer and dryer. EZ to show
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$218
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1959
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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 #11315889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Price Decreased |
$264,000
↓ $6K
(2.2%) | |
| Price Decreased | |||
| Jun 14, 2024 | Price Increased |
$270,000
↑ $10K
(3.9%) | |
| Price Increased | |||
| Apr 22, 2024 | Listed by Berkshire Hathaway HomeServices Executive Realty | $260,000 | |
| Listed by Berkshire Hathaway HomeServices Executive Realty | |||
| | |||
|
BUYER MIGHT QUALIFY FOR 10k TOWARDS CLOSING COSTS/ PRE_PAIDS - This meticulously maintained ranch home presents a wonderful opportunity for comfortable living. With 3 bedrooms and 2 full baths, fenced yard, 2 car garage (HEATED AND A/C) This ranch home sounds like a dream! With its spacious layout and thoughtful amenities, it seems perfect for both relaxation and entertainment. The inclusion of a luxurious rain shower and side jets in one of the full baths adds a touch of indulgence to everyday routines. And who wouldn't love the convenience of stainless-steel kitchen appliances in a beautiful kitchen? The full finished basement sounds like an incredible bonus, especially with the WET BAR for entertaining guests. And the TWO HIDDEN safes. Plus, having a heated garage with AC is a fantastic feature, especially for those cold winters or hot summer days. The option to easily convert the house back to a 3 bedroom home offers flexibility for future needs. Overall, this residence seems like a fantastic opportunity for comfortable and versatile living.
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About Chicago Heights
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Listed by: John Valentino, Better Homes & Gardens Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11315889
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# 11315889
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