$250,000
●
House -
Off Market
317 N School Street
Mount Prospect, IL 60056
4 Beds
2 Baths,
1
Half Bath
1,275 Ft²
$317,856
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Welcome Home! Great opportunity to renovate this 4 Bedroom home in
desirable Mount Prospect! This home features 4 Bedrooms, 1.5 Bath,
1 car garage, hardwood flooring(underneath carpet in 2 main floor
Bedrooms and main living room) washer and dryer can easily be
relocated out of kitchen. Roof and driveway replaced within
last 5 years. Water heater (2015) HVAC (2013) Prospect High School.
Tons of shopping restaurants and so many parks close
by. Walk to train and town under a mile. Being Sold AS-IS.
Lots of potential for investor, first time home owner or handyman!
Easy to show!
Unit Size
1,275 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$220
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1955
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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 #11169041)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Dec 4, 2021 | Listed by DNV Solutions LLC | $354,900 | |
| Listed by DNV Solutions LLC | |||
| | |||
|
*** Highest and best offers due by 5pm 1/23/22.*** Newly renovated home in Mount Prospect! This beautifully updated 4 bedroom, 1.5 bath home is looking for a new owner. The minute you walk into this home you will fall in love with the high quality refinished hardwood floors on the main level and newly updated kitchen which includes stainless steel appliances, quartz countertops and high end backsplash. You will appreciate the landscaped yard and finished basement. These bones are good! Don't miss your opportunity to live in this great home in the beautiful community of Mount Prospect. Minutes away from town, restaurants and train and near parks and highly rated school district.
| |||
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | No longer available | - | |
| No longer available | |||
| Jul 26, 2021 | Listed by d'aprile properties | $280,000 | |
| Listed by d'aprile properties | |||
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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 Mount Prospect
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Listed by: Jamie Machel, d'aprile properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11169041
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# 11169041
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