$85,000
●
House -
Off Market
2008 HERBERT Drive
WAUKEGAN, IL 60087
3 Beds
2 Baths
1,008 Ft²
$127,002
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Three bedroom Ranch on a nice tree lined street. Property sold
as-is. Seller is exempt from disclosures and will not provide
termite or survey. Taxes prorated @ 100%. Buyer responsible for all
inspections, repairs or fees. Buyer's prequalification & proof of
funds must accompany all offers. Additional disclosures to follow
accepted contract. Please be advised the seller has received
multiple offers and requested Highest and Best by Tuesday, August
8, at 5:00 pm local time. Cash offers with no inspection
contingencies are encouraged.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
-
Price per sqft
$79
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1963
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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 #09691144)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Dec 21, 2021 | Listed by Core Realty & Investments Inc. | $215,000 | |
| Listed by Core Realty & Investments Inc. | |||
| | |||
|
Beautifully remodeled single family ranch home in a desirable location with 3 Bedroom 2 bath and 1 car attached garage. All new modern kitchen with ceramic tiles, new counter tops, all new stainless steel appliances and stunning backsplash. Upstairs bathroom has been upgraded with new ceramic tiles, new vanity, light fixtures and new hardware. Neutral decor throughout. Professionally repainted, refinished hardwood floors in all the bedrooms and dinning area. Newly installed carpet in living area. Nice size master bedroom with walk in closet along with two additional bedrooms! Down to fully finished basement with recess lighting, family room and recreational room great for entertaining! Upgraded full bath in basement with new ceramic tiles, new vanity and light fixtures. Good size fenced backyard with a wooden deck perfect for BBQs!!! The driveway has also been recently cleaned and sealcoated.This beautiful house is move in ready, a must see and waits your personal touches!!!!!
| |||
| Oct 2, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $79,900 | |
| Listed | |||
| | |||
|
Three bedroom Ranch on a nice tree lined street. Property sold as-is. Seller is exempt from disclosures and will not provide termite or survey. Taxes prorated @ 100%. Buyer responsible for all inspections, repairs or fees. Buyer's prequalification & proof of funds must accompany all offers. Additional disclosures to follow accepted contract. Please allow time for seller's response.The manager has listed the unit size as 1008 square feet.
| |||
| Jul 15, 2017 | Listed by Lake Shore Drive Realty, Inc. | $79,900 | |
| Listed by Lake Shore Drive Realty, Inc. | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Timber Ridge
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Listed by: , Lake Shore Drive Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09691144
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# 09691144
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