$105,000
●
Condo -
Off Market
396 Echo Lane #3
Aurora, IL 60504
2 Beds
1 Bath
877 Ft²
$122,658
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Rarely available largest model 2 bedroom condo in Willow Shores
Subdivision. Fantastic location & close to Metra, mall. 2 good size
bedrooms, kitchen has newer SS appliances, newer washer/dryer in a
unit, nice balcony,2 assigned parking spaces. Unit can be
rented!!!!! Don't miss this GREAT opportunity to own it as home or
as investment! Buyer to verify estimated room sizes.
Unit Size
877 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
Condo
Property Taxes
$160
HOA Dues
$382
Year Built
1981
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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 #11228426)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2021 | Listed by Illinois Real Estate Partners Inc | $110,000 | |
| Listed by Illinois Real Estate Partners Inc | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Aluminum Siding, Brick
Age: 31-40 Years
Rebuilt(Y/N): No
Parcel Number: 0729208011
Property Type: Residential
Year Built: 1981
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,920
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Steam, Baseboard, Indv Controls
Sewer : Public Sewer
Location Details
Township: Naperville
Corporate Limits: Aurora
Directions: Ogden West to Frontenac North to Echo Ln West
County or Parish: Du Page
Elementary School District: 204
Middle Or Junior School District: 204
High School District: 204
Other Details
Association Fee Includes: Heat, Water, Gas, Insurance, Lawn Care, Scavenger, Snow Removal
Association Fee: $382
Association Fee Freq: Monthly
Holds Earnest Money: No
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2021
|
2 Bed
|
1 Bath
|
877 ft²
|
$110,000
2 Bed
1 Bath
877 ft²
|
$105,000
-4.55%
11/10/2021
|
Vaidota Vaitekonis
Illinois Real Estate Partners Inc
|
Building Info
About Far East
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Listed by: Vaidota Vaitekonis, Illinois Real Estate Partners Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11228426
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# 11228426
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