$219,000
●
House -
Off Market
338 Drake Avenue
BOLINGBROOK, IL 60490
4 Beds
3 Baths,
1
Half Bath
1,800 Ft²
$348,103
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
**1 hour response on all offers** Home is freshly rehabbed with new
updated kitchen with maple cabinets and S/S appliances including
new washer and dryer, windows, patio door, new furnace and AC unit,
updated bathrooms including vanities and toilets, plumbing,
electric including new electric panel, fixtures, switches and
outlets, new floor tile, carpet, interior and exterior painting,
and much much more. Home on nicely landscape lot. Sellers will
assist in closing cost if needed and provide CREDIT for home
warranty with full price offer. Home is vacant and quick easy close
ok. HOME IS ON SECURITY ALARM, PLEASE DO NOT ENTER UNLESS WE ARE
NOTIFIED. Sellers are a non-profit organization involved in
affordable housing with over 400+ satisfied purchaser. AC Unit and
patio door will be installed by closing. All required Village
permits were obtained.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1975
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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 #09744835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Redfin Corporation | $309,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
Welcome home to this wonderfully updated gem! Great open floor plan with hardwood floors throughout! Kitchen boasts great countertop and and cabinet space, stainless steel appliances, backsplash, and a breakfast bar that comfortably sits 2. Head upstairs to find 4 spacious bedrooms including a primary suite with large walk in closet and en suite bathroom. Lower level is great for entertaining and includes a charming brick fireplace. Fully fenced in backyard is perfect for relaxation and privacy! A preferred lender offers a reduced interest rate for this listing.
| |||
| Oct 19, 2017 | Sold | ||
| Sold | |||
| Sep 8, 2017 | Listed by CNB Property Consultants, Inc | $219,000 | |
| Listed by CNB Property Consultants, Inc | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Bolingbrook
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Listed by: , CNB Property Consultants, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09744835
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# 09744835
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