$325,000
●
House -
Off Market
1803 Locust Road
Morris, IL 60450
4 Beds
3 Baths,
1
Half Bath
2,259 Ft²
$335,899
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
PRACTICALLY NEW ~ GREAT LOCATION ~ DEER RIDGE SUBDIVISION! Find
Smiles & Happiness in this 4-Bedroom, 2.1 Bath, "Better Than New"
Home. Premium Lot backing to Open Area, next to Walking Path & near
Park. MAIN LEVEL FEATURES: Welcoming Foyer with guest closet and
access to Powder Room. Formal Dining Room perfect for Holidays &
Celebrations. Host Game Nights or have Relaxing Evenings in the
Great Room including a Family Room & Kitchen with a Huge Island,
Stainless Steel Appliances, Pantry, Recessed Lighting & Slider to
the Yard. A Convenient Drop Zone off the Garage plus an Oversized
Closet complete the main level. UPSTAIRS FEATURES: A flexible Loft
perfect for a Home Office, Schoolwork Space or Gaming Fun. At the
end of the day enjoy rest & relaxation in the Primary Suite with a
Huge Walk-in Closet plus a Secondary Closet and Primary Bath with
Large Linen Closet. Three additional Bedrooms share a second
Full-Bath. The Laundry Room with washer / dryer complete the second
level. The Partial Basement with Crawl provides space for storage
and your future vision. START PACKING & MOVE INTO SMILES &
HAPPINESS!
Unit Size
2,259 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$5
HOA Dues
$23
Year Built
-
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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 #11307269)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by RE/MAX Professionals Select | $319,000 | |
| Listed by RE/MAX Professionals Select | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 18, 2021 | In contract | - | |
| In contract | |||
| May 14, 2021 | Listed | $290,334 | |
| Listed | |||
| | |||
|
Welcome to the Waterford II home at Aspire at Deer Ridge. This home includes 2,259 of living space, 4 bedrooms, 2.5 baths and a 2 car garage. Enter into the foyer complete with coat closet and powder room. A formal dining room is perfect for family gatherings. The impressive kitchen with island overlooks a spacious great room. A second floor laundry room for convenience and cozy loft is a great for movie nights! A hall bath is shared among three spacious bedrooms. The elegant owner's suite has a walk in closet and private bath. The manager has listed the unit size as 2259 square feet.
| |||
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 Morris
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Listed by: Ann Blair, RE/MAX Professionals Select
Last Updated: 3 years ago
Data Source: MRED, MLS# 11307269
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# 11307269
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