$245,000
●
House -
Off Market
129 N Kitson Drive
Palatine, IL 60074
5 Beds
3 Baths,
1
Half Bath
1,521 Ft²
$329,094
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
DIYers, HANDYMEN, REHABBERS, INVESTORS! Sweat Equity Opportunity
Large Model Raised Ranch in Desirable Palatine! Investment
Opportunity Property Boasts a Huge multi level deck, one of a kind
private and green backyard backing up to a creek and park district
Land. Tons of Entertainment Space! Master with en suite, a bedroom
with backyard views and a converted 2 to one huge bedroom coupled
with oak flooring on the main floor. Bonus Kitchen and family room
with fireplace, bedroom, and a half bath on the lower level. 2 car
garage with plenty of storage. Parks and creek path just a block
away, minutes to downtown palatine, 53 and the metra. Tons of
potential, huge space and a truly one of a kind yard! This 5
Bedroom, 2.5 bath home will not last! Bring your ideas and don't
let this opportunity pass!
Unit Size
1,521 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$191
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1963
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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 #11181103)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by @properties Christie's International Real Estate | $399,925 | |
| Listed by @properties Christie's International Real Estate | |||
| | |||
|
Multiple offers were received. Highest and best offer due by 12PM on Sunday Simply stunning! This sprawling raised ranch is graced by updates galore! Fully appointed floor plan boasting: bright new kitchen furnished with 42" white shaker cabinetry, stainless steel appliances, subway tiled backsplash, quartz countertops and eating area. Sun drenched living room opens to adjoining dining room. Primary bedroom hosting designer ensuite bathroom and ample closet space. Lower level offers family room hosting stone stacked fireplace, additional bedroom, laundry facility and optional in home office/playroom/5th bedroom. Gleaming hardwood flooring throughout, breathtaking bathrooms, fresh paint, new light fixtures and the list goes on and on. Large yard with sprawling deck and manicured landscape! Prime location: a short stroll to award winning schools, shopping, transportation and parks.
| |||
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Kale Realty | $289,900 | |
| Listed by Kale Realty | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palatine
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Listed by: Bradley Hawks, Kale Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11181103
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# 11181103
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