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DeKalb 60115 Summit Enclave
1537 Hulmes Drive
$240,000
● House - Off Market

1537 Hulmes Drive

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$1,553
Est. Monthly
11.11%
Cap Rate

About This Property

Home is great, buyer backed out due to personal reasons so this gem is still available! Looking for a Move-In Ready Ranch with Room to Grow? Step inside this updated 3-bedroom, 1-bath ranch featuring a full, partially finished basement, ideal for a rec room, home office, or extra storage. Recent updates include a high-efficiency HVAC system, offering comfort and peace of mind while still leaving room to add your personal touch. The spacious kitchen boasts an attached dining area and generous pantry, while the fully fenced backyard provides plenty of space to relax or entertain, complete with a handy storage shed. Don't miss your chance to call this one home!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$200
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,234
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: E.M. KELLEYS SUB 2ND ADDITION
  • Land Acres: 0000000258
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: E.M. KELLEYS SUB 2ND ADDITION - LOT 8 BLOCK 5

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000800

Geography

  • Account Number: 0813305009
  • District: DK
  • Parcel: 08-13-305-009
  • Block: 5
  • Lot: 8
  • Municipality: DEKALB
  • Latitude: 41.9419
  • Longitude: -88.7294

    Address

  • Full Address: 1537 Hulmes Dr
  • Address - House Number: 1537
  • Address - Street Name: Hulmes
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C005
  • 4-Digit Zip Code: 2019
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,646
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 168,100
  • High Value: 200,435
  • Low Value: 135,764

    Market Valuation

  • Market Total Value: $147,504
  • Market Land Value: $29,895
  • Market Improvement Value: $117,609

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,168
  • Assessed Land Value: $9,965
  • Assessed Improvements Value: $39,203

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020011138
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Summit Enclave

Stats & Trends

Median Asking:

$227,000

Sale Price/ft²

$227

Above Asking

0.00%

Average Days on Market

29

Average Home Size

1003 ft²

Average Home Age

65.8 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 416 Red Wing Lane, DeKalb, IL, 60115

$2,750 /mo

  • 4 Beds
  • 3 Baths
  • 1,800 ft²
416 Red Wing Lane, DeKalb, IL, 60115 Listing by Katherine Gannon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Mobile, Hometown Realty Group
Data Source: MRED, MLS# MRD12478565
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.

Frequently Asked Questions

When was property at 1537 Hulmes Drive built and last sold?
The property at 1537 Hulmes Drive was built in and last sold on Oct 13, 2020 for $94,000.
How much is this home worth?
The estimated value of the home located at 1537 Hulmes Drive is $0.
What are some comparable homes to 1537 Hulmes Drive?
There are currently no comparable homes to 1537 Hulmes Drive.
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