$165,000
●
House -
Off Market
1320 Nippersink Drive
Spring Grove, IL 60081
2 Beds
1 Bath
1,082 Ft²
$200,606
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Fully updated 2-bedroom Ranch Style home. The open concept
floorplan combined with vaulted ceilings provide for an open airy
feel throughout. New laminate flooring, updated lighting, and long
downrod ceiling fans offer more than a touch of sophistication.
Modern kitchen with new soft close cabinetry, complete with 2 lazy
susans. Kitchen also features new extra deep sink, granite
countertops, and all new stainless steel appliances. New flooring
and vanity with granite countertop in the bathroom provides
continuity with the rest of the home. New A/C. New Furnace. New
water heater. Bonus features include new subflooring, drywall and
doors, including barn door on utility room. Large attic space with
pull down access and retractable ladder. Easy to access and great
for storage. Slider off the family room leads to the large deck.
Enjoy outdoor activities, water front bonus lot across the
street, which also provides channel access to the Chain of Lakes!
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$175
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1945
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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 #11608030)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by Berkshire Hathaway HomeServices Starck Real Estate | $189,500 | |
| Listed by Berkshire Hathaway HomeServices Starck Real Estate | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 6, 2020 | In contract | - | |
| In contract | |||
| Dec 3, 2020 | Listed | $179,900 | |
| Listed | |||
| | |||
|
Fully updated 2-bedroom Ranch Style home. The open concept floorplan combined with vaulted ceilings provide for an open airy feel throughout. New laminate flooring, updated lighting, and long downrod ceiling fans offer more than a touch of sophistication. Modern kitchen with new soft close cabinetry, complete with 2 lazy susans. Kitchen also features new extra deep sink, granite countertops, and all new stainless steel appliances. New flooring and vanity with granite countertop in the bathroom provides continuity with the rest of the home. New A/C. New Furnace. New hot water heater. Bonus features include new subflooring, drywall and doors, including barn door on utility room. No basement, no problem. Large attic space with pull down access and retractable ladder. Easy to access and great for storage. Slider off the family room leads to the large freshly painted deck. Enjoy outdoor activities in the primary lot, or bonus lot across the street, which also provides channel access. Come see it today. This one won't last long! The manager has listed the unit size as 1082 square feet.
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Du-Bell Park
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Listed by: Joshua Brown, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11608030
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# 11608030
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