$365,000
●
House -
Off Market
1242 Arbor Vitae Road
Deerfield, IL 60015
2 Beds
2 Baths,
1
Half Bath
2,056 Ft²
$422,045
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This charming 2 bed/1.1 bath ranch is the ideal place to call home.
The custom upgrades include hardwood floors throughout the
first floor (& under the new carpeting in the bedrooms), new
lighting fixtures and recessed lighting and new mechanicals.
The sophisticated kitchen, complete with stainless steel
appliances overlooks the living room featuring a gorgeous brick
fireplace. The partially finished basement offers a
comfortable family room are and 1/2 bath. The spacious
backyard has a hardscape complete with covered pergola, hot tub and
expansive green space. Located within award winning Deerfield
Elementary school and Deerfield High School boundaries!
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$182
Property Type
House
Property Taxes
$634
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 #11204203)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by Berkshire Hathaway HomeServices Chicago | $450,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| | |||
|
Enjoy this recently renovated, impeccably maintained, and beautifully decorated ranch home located on a quiet in-town street. Gorgeous hardwood floors, extensive use of recessed lighting, and premium designer shades on all windows are but a few of this home's many desired features. Add to the list a designer kitchen featuring superior grade soft-close cabinetry, hard surface counter tops, and premium appliances by KitchenAid and Whirlpool. In the basement you'll find a spacious quality-finished recreation room featuring a second bathroom. Lastly, enjoy the huge completely fenced-in back yard including a quality-built brick paver patio measuring over 23'x20' with fabulous gazebo. Located in the award-winning Deerfield school district, this charming ranch property is clearly a wonderful place to call home.
| |||
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Elmview
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Listed by: Brandy Simon, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11204203
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# 11204203
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