$199,950
●
House -
Off Market
2651 Waldron Road
Kankakee, IL 60901
3 Beds
2 Baths,
1
Half Bath
1,292 Ft²
$1,268
Est. Monthly
12.69%
Cap Rate
About This Property
Welcome to this charming 3-bedroom, 1.5-bath ranch home nestled on
a picturesque 1.03-acre lot with mature trees, vibrant flower beds,
and stunning landscaping. Inside, you'll find original hardwood
floors throughout the living room and bedrooms, adding timeless
appeal. The spacious living room boasts a large picture window that
bathes the space in natural light and includes a cozy dining area.
The kitchen is a true standout, featuring a functional island, all
appliances included, and a convenient coffee bar with direct access
to the backyard patio. Step outside to enjoy the expansive yard,
complete with a fenced area, garden, multiple storage sheds, and
even a tennis court for outdoor fun. Recent updates include new
windows, exterior doors, siding, gutters, soffit, HVAC, hot water
heater, well pump, resealed crawlspace with a sump pump, water
softener, a concrete patio and refreshed kitchen elements like
appliances, buffet, butcher block counters and the island that
stays. This home is a true gem and a must-see!
Unit Size
1,292 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$155
Property Type
House
Property Taxes
$286
HOA Dues
-
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: 2 years ago (MRED MLS #12142997)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Berkshire Hathaway HomeServices Speckman Realty | $199,950 | |
| Listed by Berkshire Hathaway HomeServices Speckman Realty | |||
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $92,500 | |
| Listed | |||
| | |||
|
One story all BRICK ranch sits on a little over 1 acre. Lot size 100 X 450. Home-site filled w/perennial gardens & lush landscaping & an open area beyond the woods that once had a tennis court & basketball court. Ideal for youth & family gatherings. Some of the perennials include crocuses, tulips, daffodils, irises, hyacinths, lilies, roses, poppies, perennial grasses, quince, bridal veil - some trees include red buds, maples, crabapples, pine, blue spruce, & oak. Home includes hardwood floors in all the bedrooms as well as in the living/dining room. Kitchen has ceramic tile. No carpeting anywhere. Updates: new roof 2012- the old shingles were torn off and new architectural shingles were installed, New electric water softener 2014 and new septic line run offs in 2015. Two sheds -one is a barn style. Home includes stove, refrigerator, washer, dryer & water softener. Home is heated w/efficient hot water boiler baseboard heat & cooled w/4 window air-conditioner unit. Very clean home!The manager has listed the unit size as 1292 square feet.
| |||
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About Kankakee
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Listed by: Leanne Provost, Berkshire Hathaway HomeServices Speckman Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12142997
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: 2 years ago
Data Source: MRED, MLS# 12142997
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