$275,000
●
House -
Off Market
14448 W MELBOURNE Place
LOCKPORT, IL 60441
4 Beds
3 Baths,
1
Half Bath
2,314 Ft²
$519,299
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
ORIGINAL OWNER HATES TO LEAVE THIS 4 BDRM 2.5 BATH 2 STORY.
BEAUTIFUL OPEN CONCEPT WITH HARDWOOD FLOORS THROUGH THE WHOLE
FIRST LEVEL. ALL APPLIANCES ARE LESS THAT 2 YEARS OLD, ALL NEW
CARPET IN THE BEDROOMS, MASTER HAS DOUBLE CLOSETS & SEPARATE BATH,
FULL WALK-OUT BASEMENT READY FOR FINISHING, SHED AND HUGE 23X12
COVERED DECK OFF THE BACK UPPER LEVEL ALL THIS ON HUGE FULLY FENCED
LOT WITH ABOVE GROUND POOL.
Unit Size
2,314 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$121
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
2002
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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 #08627387)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2019 | No longer available | - | |
| No longer available | |||
| May 15, 2019 | Listed | $374,900 | |
| Listed | |||
| | |||
|
If you have been waiting ...and hoping for just the right house to come on the market...your wait is over! Great house for entertaining and living on the porch for the summer! Incredible covered deck, over looking pool, out door kitchen, patio, fenced in back yard with open feeling. Has newer updated kitchen w/SS appliances, center island and granite counter tops. Open floor plan into the family room. The basement is finished with a man cave,bar area, family room full bath and bedroom/office. Walk out to enjoy the back yard. Master bedroom has walk in closets, luxury bath. All bedrooms have great closet space. Plenty of storage in the basement also. Roof and driveway 2 years old, patio 3, pool deck 1, new garage door opener. Low voltage lighting for the outdoor kitchen and landscape. Place to park extra car or boat on side of house.Don't miss out on this great home. The manager has listed the unit size as 3448 square feet.
| |||
| Jul 24, 2014 | Sold | ||
| Sold | |||
| May 27, 2014 | Listed by Coldwell Banker Real Estate Group | $279,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lockport
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Listed by: Susan Dufault, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 08627387
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# 08627387
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