$176,000
●
House -
Off Market
299 Lake Thunderbird Drive
Putnam, IL 61560
2 Beds
2 Baths
2,028 Ft²
$274,805
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Make this Log Cabin your home or retreat. Large open living
room, dining and kitchen with vaulted ceiling. Kitchen has island
and breakfast bar. Hardwood floors. Over 1 acre wooded lot with 2
bedroom 2 bath home. Large walk out basement with an
additional bathroom and family room area. Master bedroom with
with sliding glass door to porch and large master bath and
whirlpool tub. Upstairs bedroom has 13 x 13 loft are for sitting
room or additional sleeping area. Large porch off the back of the
home as well. Huge 3 car garage and beautiful view.
Lake access includes clubhouse, pool, beach, tennis courts,
walking trails and nature area.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$97
Property Type
House
Property Taxes
$406
HOA Dues
$128
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 #10644581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2020 | Sold | ||
| Sold | |||
| Feb 21, 2020 | Listed by Janko Realty & Development | $196,000 | |
| Listed by Janko Realty & Development | |||
| Apr 5, 2019 | No longer available | - | |
| No longer available | |||
| Jan 18, 2019 | Price Decreased |
$299,000
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Nov 5, 2018 | Listed | $329,000 | |
| Listed | |||
| | |||
|
Built by the area's premier log home builder for his own living, this house pulls out all the stops! 3 bedrooms, 3 full baths with a 3 car log garage all situated on 4 private wooded lots totaling a full acre of land. All appliances included and most furnishings negotiable as well. Wood burning stove, 200 amp electrical, and partially finished walk out basement. Kitchen features breakfast bar and enough countertop space for even the best chef. Lake access, swimming pool/clubhouse and more included into membership! The manager has listed the unit size as 2600 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 Putnam
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Listed by: Andrea Greenwalt, Janko Realty & Development
Last Updated: 2 years ago
Data Source: MRED, MLS# 10644581
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# 10644581
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