$601,100
●
House -
Off Market
3016 Edgemont Lane
Park Ridge, IL 60068
4 Beds
3 Baths,
1
Half Bath
2,725 Ft²
$613,887
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Private Cul De Sac living in this 4 bedrooms, 2.1 baths that offers
over 2700 SQFT of generous interior plus finished basement.
Inviting spacious kitchen has been updated with oak cabinets,
granite tops, SS appliances & recessed lighting. Family rooms with
fireplace adjoins kitchen area and leads out to a patio and
fantastic yard. Living and separate dining room ideally suited for
great entertaining. Hardwood floors throughout the first floor.
Four large bedrooms on second floor. Master bedroom has a private
bath & walk-in closet. Finished basement offers Rec room with wet
bar & office or guest bedroom. Many recent updates: HVAC(2018),
roof(2014), painted siding & more. Upper ground sprinklers. 2 car
garage with a circular driveway. Award winning schools. Great
proximity to Metra & Park district facilities.
Unit Size
2,725 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$213
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1986
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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 #11670128)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2022 | Listed by RE/MAX City | $579,900 | |
| Listed by RE/MAX City | |||
| Oct 3, 2020 | No longer available | - | |
| No longer available | |||
| Jul 13, 2020 | No longer available | - | |
| No longer available | |||
| Jul 12, 2020 | Listed | $639,000 | |
| Listed | |||
| | |||
|
WONDERFUL WARM, INVITING FLOOR-PLAN, 2 STORY HOME IN CARPENTER SCHOOL AREA. THROUGH HALL PLAN. SEPARATE DINING ROOM, GREAT FOR LARGE FAMILIES. LARGE KITCHEN HAS BEEN UPDATED WITH OAK CABINETS, GRANITE TOPS, NEWER DOUBLE OVEN, DISHWASHER, REFRIGERATOR, MICROWAVE. ALL STAINLESS STEEL, ALSO PANTRY CLOSET CLOSET IN KITCHEN. HARDWOOD FLOORS IN LIVING ROOM, DINING ROOM, AND 1ST FLOOR FAMILY ROOM. 4 LARGE BEDROOMS ON SECOND FLOOR. MASTER BEDROOM HAS PRIVATE BATH AND WALK IN CLOSET FINISH BASEMENT IS CARPETED WITH WET BAR. LARGE OFFICE OR 5TH BEDROOM, AND STORAGE ROOM. OVERHEAD SEWERS, SUMP PUMP AND BACK UP SYSTEM. UPPER GROUND SPRINKLERS. MANY UPDATES THROUGH OUT INCLUDE FURNACE, CENTRAL AIR, ROOF, HOT WATER TANK. SEPARATE 1ST FLOOR LAUNDRY. WOOD BURNING FIREPLACE WITH GAS DIRECT VENT INSERT. TRULY A DREAM HOME FROM TOP TO BOTTOM. EVERY ROOM IS NICELY SIZED. FOR LARGE OR SMALL FAMILIES. SHOWS GREAT! The manager has listed the unit size as 2725 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Park Ridge
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Listed by: Marek Prus, RE/MAX City
Last Updated: 3 years ago
Data Source: MRED, MLS# 11670128
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# 11670128
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