$515,000
●
House -
Off Market
1819 N Aralia Drive
Mount Prospect, IL 60056
4 Beds
3 Baths,
1
Half Bath
2,529 Ft²
$3,551
Est. Monthly
6.33%
Cap Rate
About This Property
Meticulously maintained 2 story home in a beautiful residential
area of Mount Prospect. Over 2,500 square feet of living area plus
a finished basement! Updated eat-in kitchen with granite
countertops open to huge family room with sliding doors leading to
a georges, professionally landscaped yard with fruit trees and a
large patio perfect for summer enjoyment. Gleaming hardwood floors
throughout the main level. 4 spacious bedrooms and 2 full baths on
the second floor with new carpeting replaced in 2022. Other recent
improvements include new roof 2022, HVAC 2022, hot water heater
2022, new concrete driveway 2022 and also refinished hardwood
floors 2022. Long time owner ready to downsize and turn his
home over to new owners.
Unit Size
2,529 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
House
Property Taxes
$849
HOA Dues
-
Year Built
1969
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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 #12135735)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2024 | Listed by RE/MAX City | $550,000 | |
| Listed by RE/MAX City | |||
| | |||
|
Meticulously maintained 2 story home in a beautiful residential area of Mount Prospect. Over 2,500 square feet of living area plus a finished basement! Updated eat-in kitchen with granite countertops open to huge family room with sliding doors leading to a georges, professionally landscaped yard with fruit trees and a large patio perfect for summer enjoyment. Gleaming hardwood floors throughout the main level. 4 spacious bedrooms and 2 full baths on the second floor with new carpeting replaced in 2022. Other recent improvements include new roof 2022, HVAC 2022, hot water heater 2022, new concrete driveway 2022 and also refinished hardwood floors 2022. Long time owner ready to downsize and turn his home over to new owners.
| |||
| Oct 13, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 15, 2024 | Listed by RE/MAX City | $550,000 | |
| Listed by RE/MAX City | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Mount Prospect
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Listed by: Robert Lapinski, RE/MAX City
Last Updated: 3 years ago
Data Source: MRED, MLS# 12135735
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# 12135735
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