$1,275,000
●
House -
Off Market
1242 Cherry Street
Winnetka, IL 60093
5 Beds
4 Baths,
1
Half Bath
$1,306,773
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Ideally situated on oversized lot, this classic Winnetka home
evokes character and charm. Welcoming foyer opens to gracious
living room w/fireplace, formal dining room perfect for all
occasions. Sun-drenched family room overlooks beautiful patio and
yard. Chef's kitchen boasts custom cabinetry, high-end stainless
appliances, breakfast bar and sunny eat-in area. Home office/den,
mud room w/cubbies and powder room complete first floor. Upstairs
find generous primary bedroom w/en suite bath, plus 3 additional
bedrooms w/ample closets and hall bath. 3rd floor bedroom w/full
bath is perfect for guests. Basement offers play space, laundry and
storage. Enjoy the beautiful and very private fenced backyard w/
bluestone patio perfect for outdoor entertainment. Walk to tennis,
park district facilities and award winning schools. A special place
to call home.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,057
HOA Dues
-
Year Built
1928
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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 #11299322)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | No longer available | - | |
| No longer available | |||
| Jan 6, 2022 | Listed by Jameson Sotheby's Intl Realty | $1,269,000 | |
| Listed by Jameson Sotheby's Intl Realty | |||
| Sep 21, 2021 | Listed by Jameson Sotheby's Intl Realty | $1,299,000 | |
| Listed by Jameson Sotheby's Intl Realty | |||
| | |||
|
Ideally situated on oversized lot, this classic Winnetka home evokes character and charm. Welcoming foyer opens to gracious living room w/fireplace, formal dining room perfect for all occasions. Sun-drenched family room overlooks beautiful patio and yard. Chef's kitchen boasts custom cabinetry, high-end stainless appliances, breakfast bar and sunny eat-in area. Home office/den, mud room w/cubbies and powder room complete first floor. Upstairs find generous primary bedroom w/en suite bath, plus 3 additional bedrooms w/ample closets and hall bath. 3rd floor bedroom w/full bath is perfect for guests. Basement offers play space, laundry and storage. Enjoy the beautiful and very private fenced backyard w/ bluestone patio perfect for outdoor entertainment. Walk to tennis, park district facilities and award winning schools. A special place to call home.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Winnetka
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Listed by: Catherine Egan, Jameson Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11299322
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# 11299322
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