$225,000
●
House -
Off Market
356 Marengo Road
Harvard, IL 60033
2 Beds
2 Baths
934 Ft²
$1,290
Est. Monthly
8.74%
Cap Rate
About This Property
SO MUCH HAS BEEN DONE! This updated ranch home is conveniently
located and features a half acre lot. NEW ROOF / NEW SIDING / NEW
TANKLESS WATER HEATER / FURNACE (2yo) / AC UNIT (4yo) and so much
more! Inside you will find a large living room with hardwood floors
that flows into a spacious kitchen. Kitchen features NEW LVP
flooring, walk-in pantry with barn door, lots of cabinets with
butcher block countertops and kitchen eating area. 2 bedrooms up
with hardwood floors and upgraded full bath! Dual sink vanity, rain
shower head and body jets, stylish tile and glass doors. Double
your living space downstairs with 2nd full bath, office, laundry
room with slop sink and additional fridge and freezer. CITY SEWER &
WATER. Outside you have 2 car tandem garage that also features a
new roof and siding and has electric dog fence! CUTE CUTE CUTE!
Unit Size
934 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$230
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1955
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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 #12203183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by RE/MAX Advantage Realty | $215,000 | |
| Listed by RE/MAX Advantage Realty | |||
| Nov 23, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $109,000 | |
| Listed | |||
| | |||
|
Perfect for starter home or downsizing! This 2 bedroom ranch sits on apx. 1/2 acre lot. The extra deep garage will easily fit 2 cars plus room for a work shop....OR..take it down and build you're own out building. Newer roof and windows. Hardwood flooring under carpet. Needs some updating but has good bones. Dry basement waiting to finish for extra living space. Seller has hooked up to city sewer and water. This is an Estate sale and will be sold as-is. Seller will be leveling out front yard as weather permits.
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ridge Lane
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Listed by: Michael Nielsen, RE/MAX Advantage Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12203183
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# 12203183
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