$84,000
●
House -
Off Market
403 NICHOLSON Street
Joliet, IL 60435
4 Beds
2 Baths
2,572 Ft²
$166,386
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model
About This Property
3 BEDROOM 2 STORY WITH 2 FULL BATHS, MAIN FLOOR OFFICE, FORMAL
DINING, BASEMENT, 1 CAR GARAGE, BASEMENT, MOSTLY NEWER WINDOWS.
CLOSE TO UNIVERSITY OF ST. FRANCIS. SELLER DISCLOSURES AVAILABLE AT
MLS AS A DOWNLOAD. SELLER WILL NOT RESPOND TO OFFERS TILL
PROPERTY HAS BEEN ACTIVE IN MLS AT LEAST 7 DAYS.
Unit Size
2,572 Ft²
Days on Market
-
Land Size
-
Price per sqft
$39
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1914
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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 #09342422)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 6, 2021 | Listed by Keller Williams Infinity | $245,000 | |
| Listed by Keller Williams Infinity | |||
| | |||
|
Amazing opportunity to own an income producing property! This 5 bedroom 2 1/2 bathroom home consists of a 4 bedroom 1 1/2 bathroom main residence and a separate 1 bedroom 1 full bathroom related living suite. In total this property offers 2768sq feet of living space, plus a one car garage and an unfinished basement. The related living suite generates $1,150 a month in rent from a long term tenant and the main house is rented for $1,550. The related living suite has been completely updated. Electricity and Heat are metered separately for each dwelling. Do Not Disturb The Tenants. Please view both virtual tours before contacting the listing agent to arrange a showing. Property is being sold As-Is. Current leases end Aug/Sept 2022.
| |||
| May 19, 2021 | In contract | - | |
| In contract | |||
| May 12, 2021 | Listed | $249,900 | |
| Listed | |||
| | |||
|
Excellent Investment Income! Fantastic location convienently located near University of St Francis, I-80 and Joliet Union Station. This charming 5 bedroom 2 1/2 bathroom home consists of a 4 bedroom 1 1/2 bathroom main residence and an additional attached related living suite. The related living suite has been completely updated and boasts an additional full kitchen, living room, 1 bedroom, full bathroom, separate washer and dryer plus a backyard deck. In total this property offers 2768sq feet of living space, a one car garage and a full unfinished basement. The main residence is vacant and was previously rented for $1,850 per month. The related living suite generates $1,150 a month in rent from a long term tenant who wishes to stay. Current lease ends in August. Electricity and Heat are metered separately for each dwelling. Do Not Disturb The Tenant During Showings. Tenant Occupied Unit Can Be Shown After A Contract Has Been Negotiated. ***Multiple Offers Received*** Highest and Best Due 5:00pm Tuesday May 18, 2021
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Listed by: , Regional Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09342422
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# 09342422
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