$242,500
●
House -
Off Market
16831 Forest Avenue
OAK FOREST, IL 60452
3 Beds
2 Baths
1,374 Ft²
$398,500
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Absolutely one of the best Renovated homes I have seen.Quality
Refurbish Bungalow Situated on a huge 80 X 300 Foot Lot with
Chicago Water..Home features Beautiful Hardwood Flooring/ Can
Lighting/ Cherry Cabinets/ Granite Counter Tops. Top of the line
plumbing fixtures/ Stainless Steel Appliances which includes
Refrigerator / Oven Range/ Dishwasher and Micro-Wave. Home has 3
spacious bedrooms upstairs and another bedroom or office
downstairs. 2 fully remodel ceramic baths one up and one down.
All New Vinyl Windows/ New Architectural Roof on House and
Garages/ Completely maintenance free exterior/ New front Porch.
Home also features a Full Finished Basement. Actual square footage
is 1374 upstairs and another 1000 square feet of actual finished
living area downstairs. Brand New 2 Car Garage with a huge Black
top drive-way just completed.
Unit Size
1,374 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1989
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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 #09659040)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $249,898 | |
| Listed | |||
| | |||
|
Absolutely one of the best Renovated homes I have seen.Quality Refurbish Bungalow Situated on a huge 80 X 300 Foot Lot with Chicago Water..Home features Beautiful Hardwood Flooring/ Can Lighting/ Cherry Cabinets/ Granite Counter Tops. Top of the line plumbing fixtures/ Stainless Steel Appliances which includes Refrigerator / Oven Range/ Dishwasher and Micro-Wave. Home has 3 spacious bedrooms upstairs and another bedroom or office downstairs. 2 fully remodel ceramic baths one up and one down. All New Vinyl Windows/ New Architectural Roof on House and Garages/ Completely maintenance free exterior/ New front Porch. Home also features a Full Finished Basement. Actual square footage is 1374 upstairs and another 1000 square feet of actual finished living area downstairs. Brand New 2 Car Garage with a huge Black top drive-way just completed.The manager has listed the unit size as 1374 square feet.
| |||
| Jun 14, 2017 | Listed by RE/MAX 1st Service | $249,898 | |
| Listed by RE/MAX 1st Service | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Oak Forest
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Listed by: , RE/MAX 1st Service
Last Updated: 3 years ago
Data Source: MRED, MLS# 09659040
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# 09659040
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