$165,000
●
House -
Off Market
1635 Olive Road
HOMEWOOD, IL 60430
3 Beds
1 Bath
1,380 Ft²
$247,609
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
This is a Gem in Homewood! The home has been immaculately kept.
Hardwood floors. 3 Bedrooms with lots of light. Kitchen cabinets
are a natural cherry wood finish & have a built in wine rack.The
Bathroom is an oasis with the tub! The mature yard is beautifully
landscaped & well maintained and has received a Homewood
Beautification Award. Porch is off Kitchen & has access to an
amazing fenced in yard with raised deck, stamped brick walkway,
patio & storage shed. Large finished basement, separate storage &
laundry area, workshop & an additional room that could be
office/den or bedroom & has access to the yard from basement. Close
to Orchard Park, Downtown Homewood, Interstate & the Metra to the
city. Once you walk in ~ you will know you are home!
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$112
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1952
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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 #09649543)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Feb 22, 2023 | Listed by Century 21 Circle | $235,000 | |
| Listed by Century 21 Circle | |||
| | |||
|
Sold before print
| |||
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by Keller Williams Preferred Rlty | $179,900 | |
| Listed by Keller Williams Preferred Rlty | |||
| | |||
|
This is IT! 3 bedroom, 1 full bath all brick ranch with finished basement, fenced in yard and attached garage. This home has been meticulously maintained. Generous sized living room with hardwood floor, kitchen with ample cabinet/counter space, and dinette area. All 3 bedrooms are generously sized with newer ceiling fans. Full bath has soaking tub. Large finished basement with separate storage, laundry, and an additional room that could be an office and has access to the yard from basement. Paver brick walkway, large yard, nicely maintained landscaping. Close to Orchard Park, Downtown Homewood, Interstate & the Metra to the city
| |||
| Jul 27, 2017 | Sold | ||
| Sold | |||
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About Homewood
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Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09649543
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# 09649543
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