$375,000
●
House -
In Contract
1305 OAKTREE Lane
Kankakee, IL 60901
4 Beds
2 Baths,
1
Half Bath
2,872 Ft²
$2,930
Est. Monthly
About This Property
Discover this stunning all-brick 4-bedroom ranch in Westwood
Subdivision, conveniently located near Riverside Hospital. Fully
renovated and ready for a new owner. Recent renovations include
roof, windows, doors, hardwood floors, carpet, stainless steel
appliances, window coverings, light fixtures, sump pump, and septic
pump-this home is move-in ready. The gourmet kitchen shines with
Amish hickory cabinets, granite countertops, a stylish backsplash,
pantry, center island, and eat-in area. An expansive open living
space features a brick fireplace, sunroom, and atrium, perfect for
entertaining. The master suite includes a walk-in closet, while a
2.5-car garage and abundant storage meet all your needs. Outside,
enjoy a circular driveway, large deck, mature trees, and scenic
views. Schedule your private showing today!
Unit Size
2,872 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$131
Property Type
House
Property Taxes
$1,088
HOA Dues
-
Year Built
-
Listed By
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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.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Asphalt, Circular Driveway, Garage Door Opener, Attached, Garage, Yes, Garage Owned
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Hardwood
Laundry Features: Main Level
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 2872
Square Footage Source: $0
Year Built: 1972
Window Features: Skylight(s)
Construction Materials: Brick
Patio and Porch Features: Deck
Lot Features: Corner Lot, Wooded
Lot Size Area: 37461.6
Lot Size Units: Square Feet
Lot Size Acres: 0.86
Lot Size Square Feet: 37461.6
Lot Size Dimensions: 175X215
Water Source: Public
Financial Details
Tax Annual Amount: $13,057
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Steam
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Closing Price
Sold On
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HOA + Taxes
About Kankakee
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Listed by: Dustin Kooy, Village Realty Inc
Data Source: MRED, MLS# MRD12675847
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.
Data Source: MRED, MLS# MRD12675847
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