$307,000
●
House -
Off Market
280 Westmere Road
Des Plaines, IL 60016
3 Beds
2 Baths
1,200 Ft²
$331,772
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
You are going to love this home ! Such a great opportunity! A
wonderful 3 bedroom 2 bath with attached 2.5 car garage. Full
Finished basement. Two blocks to elementary school is a
bonus. Bright, sunny living room and adjacent dining room
opens to eat-in kitchen. Nice size master bedroom PLUS
attached master bath. Basement staircase between kitchen and
garage opens to awesome Full Finished Basement with Recreation
room. 15 X 10 separate Laundry Room in Basement. Extra
storage area with shelves in furnace room too! Added extras
include: hardwood floors, storage closet in garage, attic access in
garage, central air conditioning, battery back up for sump
pump, extra storage closet under basement stairs. Concrete
patio is fenced and a perfect space for outside gatherings.
See this one today before it's too late! Don't miss
out!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$266
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1964
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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 #11490646)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Re/Max United | $319,000 | |
| Listed by Re/Max United | |||
| Aug 11, 2022 | No longer available | - | |
| No longer available | |||
| Jul 18, 2022 | No longer available | - | |
| No longer available | |||
| Jul 16, 2022 | Listed by Re/Max United | $329,000 | |
| Listed by Re/Max United | |||
| | |||
|
You are going to love this home ! Such a great opportunity! A wonderful 3 bedroom 2 bath with attached 2 car garage and BIG full, finished basement. Two blocks to elementary school is a bonus. Bright, sunny living room and adjacent dining room opens to eat-in kitchen. Nice size master bedroom PLUS master bath. Basement staircase between kitchen and garage opens to awesome large rec room. Check size of the laundry room. Extra storage area with shelves in furnace room too! Added extras include: hardwood floors, storage closet in garage, attic access in garage, central air conditioning, battery back up for sump pump, extra storage closet under basement stairs. Concrete patio is fenced and a perfect space for outside gatherings. See this one today before it's too late! Don't miss out! The manager has listed the unit size as 1200 square feet.
| |||
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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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ft²
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About Des Plaines
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Listed by: Johnson Maliekkal, Re/Max United
Last Updated: 3 years ago
Data Source: MRED, MLS# 11490646
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# 11490646
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