$290,000
●
House -
Off Market
295 HERRICK Road
RIVERSIDE, IL 60546
3 Beds
2 Baths,
1
Half Bath
1,430 Ft²
$517,056
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Charming stucco bungalow with 3 bedrooms and 1.5 baths. Bright
living room with wood burning fireplace. Separate dining room with
ample table space. Large eat-in kitchen with painted cabinets and
ceramic tile floor. Adjoining sun filled family room with E/S/W
windows. 2 bedrooms and full bath on first floor. Loft bedroom with
built-in dressers and 2 large walk-in closets. Basement has 2 large
unfinished rooms, a half-bath and crawl space. Tear-off roof 2014.
All windows replaced 2007/2009. Furnace 2005 and A/C 2007. Lovely
all-season perennial garden in front and a fenced backyard. 2-car
detached garage. Easy walk to the train, schools and downtown
Riverside for shopping, restaurants and regular events(e.g. Cruise
Nights, Art Fair, July 4th, movies in the park, Christmas Walk,
etc.) A 13 month home warranty is included. Owner is very
motivated. Outstanding location.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$224
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1924
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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 #09480842)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2021 | Listed by Berkshire Hathaway HomeServices Chicago | $800,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| | |||
|
Beautifully updated farmhouse-style home in the heart of Riverside. This 4 bed 3.5 bath home was renovated in 2017 and features 9 foot ceilings with an open concept lay out and hardwood floors throughout. The kitchen boasts high-end stainless steel appliances, quartz counters and large island. This immaculate, move-in ready home also has, 2nd floor laundry, a two car detached garage, along with a patio to sit and enjoy the lovely landscaped garden. Close to downtown shops & restaurants and the Metra commuter train to downtown Chicago.
| |||
| May 17, 2017 | Sold | ||
| Sold | |||
| Jan 19, 2017 | Listed by Gaslight Realty | $320,000 | |
| Listed by Gaslight Realty | |||
Property Highlights
Air Conditioning
Fireplace
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 Riverside
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Listed by: , Gaslight Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09480842
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# 09480842
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