$300,000
●
House -
Off Market
287 Hamilton Avenue
Elgin, IL 60123
3 Beds
2 Baths,
1
Half Bath
1,800 Ft²
$301,810
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Beautiful Vintage Home in Elgin's Desirable Wing Park Neighborhood!
You'll marvel at the Gorgeous Original Woodwork, Built-Ins and
Gleaming Hardwood Floors! Relax on the huge enclosed front porch,
or out in the fenced back yard. Beautifully updated eat in kitchen
with new cabinets, granite counters and stainless appliances.
Master bedroom with a walk-in closet, and newly remodeled
bathrooms! Recently remodeled finished basement offers a recreation
room, office and a laundry/storage area. Newer refrigerator,
washer/dryer and disposal. Check out the pictures and make an
appointment to see this one soon!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$164
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1906
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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 #11437670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Premier Living Properties | $295,000 | |
| Listed by Premier Living Properties | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 23, 2020 | Listed | $205,000 | |
| Listed | |||
| | |||
|
Beautiful Vintage Home in Elgin's Desirable Wing Park Neighborhood! You'll marvel at the Gorgeous Original Woodwork, Built-Ins and Gleaming Hardwood Floors! Relax on the huge enclosed front porch, or out in the fenced back yard. Recently remodeled eat in kitchen with new cabinets, granite counters and stainless appliances. Master bedroom with a walk-in closet, and newly remodeled bathrooms! Finished basement offers a recreation room, office and a laundry/storage area. Check out the pictures and make an appointment to see this one soon! The manager has listed the unit size as 1800 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Elgin
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Listed by: Teresa Stultz, Premier Living Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11437670
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# 11437670
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