$241,000
●
House -
Off Market
212 Meadors Circle
Morris, IL 60450
3 Beds
3 Baths
1,460 Ft²
$228,818
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Welcome home to this 4 bedroom 3 full bath ranch home! This home
features a large eat-in kitchen adjacent to the large family room
and sun room. Full finished basement with a large open space, work/
storage room, 4th bedroom & a full bath. The basement also has a
large laundry utility room. The basement has been professionally
waterproofed by PermaSeal and comes with a transferable warranty
plus a triple back up sump pump system. Furnace and A/C 2016, brand
new washer and dryer stay. This home also offers a 2 car attached
garage and a fenced yard. Perfect centralized location- walk to the
park that offers a baseball field, tennis courts, basketball court
and playground. Centrally located near all shopping and just
minutes from Downtown Morris.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$154
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1959
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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 #11734700)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Listed by Town Center Realty LLC | $224,900 | |
| Listed by Town Center Realty LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | In contract | - | |
| In contract | |||
| Feb 27, 2020 | Listed | $204,000 | |
| Listed | |||
| | |||
|
Wonderful, well-maintained, 4 bedroom/3 bath ranch home offering a large eat-in kitchen. Bright and cheery heated sun room and spacious living room. Furnace and A/C 2016. Full finished basement with a family room, work room, 4th bedroom & full bath. Basement has been professionally waterproofed by PermaSeal and comes with a transferable warranty.Beautifully landscaped with lawn sprinkler system. Large fenced in backyard. Walk to the park that offers a baseball field, tennis courts, basketball court and playground. This very clean ranch is waiting for you. The manager has listed the unit size as 1460 square feet.
| |||
Property Highlights
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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: Jennifer Viano, Town Center Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11734700
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# 11734700
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