$380,000
●
House -
Off Market
1505 Rita Avenue
St. Charles, IL 60174
3 Beds
2 Baths
1,708 Ft²
$2,502
Est. Monthly
6.50%
Cap Rate
About This Property
Move Right into this Charming/updated Home, located one (1) block
from Munhall Elementary School in "Ronzheimer sub-division", and
just few minutes from Award Winning downtown St. Charles. This
Three (3) bed, Two (2) bath home, features two (2) levels of
amazing living space. The Main level is appointed with beautiful
hardwood floors, open-wood stairs, and oak trim throughout. The
Spacious/Open kitchen features Custom Cabinets, spacious
countertops, breakfast bar, space for eat-in table, & storage. All
three (3) spacious bedrooms are carpeted and are also on main
level. Great entertaining option are available with the finished
lower level, which offers tons of additional living space: family
room and rec room area, full bathroom, laundry room, gas stove, and
great natural light. Amazing outside/backyard offers a two (2)
level deck (lower level has Hot Tub), while the profession
landscaped, private backyard is fully fenced with many mature
trees. New Tear Off Roof completed in 2023. Great location near
downtown St Charles, the Fox River, and parks, and schools.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$228
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1973
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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 #12098447)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by @properties Christie's International Real Estate | $389,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by RE/MAX All Pro - St Charles | $349,900 | |
| Listed by RE/MAX All Pro - St Charles | |||
| | |||
|
Come take a look at this nicely updated home in a fabulous St Charles location. Move-in ready, this home will not disappoint. Beautiful hardwood floors grace the main level. Spacious kitchen with plenty of countertop and storage space. The finished lower level offers tons of additional living space, full bathroom, a gas stove, and is filled with natural light. You'll love the private backyard with mature trees, and a huge deck. WOW!! Great location near downtown St Charles, the Fox River, and parks, and it's just a block from Munhall Elementary School.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About St. Charles
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Listed by: Michael Thomas, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 12098447
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# 12098447
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