$147,500
●
House -
Off Market
411 Orange Street
Elgin, IL 60123
3 Beds
1 Bath
1,094 Ft²
$183,771
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Wonderful opportunity! Make this Elgin West, three bedroom home
your own. This home has great character that gives a warm at-home
feeling. Bring your decorating ideas, or keep the ambiance to bring
back good memories. Hardwood floors throughout. Arched entry from
the living room to the dining room. All wood doors and trim
throughout. Large WIC that goes through from the master bedroom to
the second bedroom. Open feel with the kitchen that opens to the
dinning room. Many things have been done to give a more maintenance
free living. Kitchen appliances replaced in '19, Roof &
gutter-guards are new in '17, central air in '19, Exterior painted
in '13. The walk-out basement to the back yard makes easy access
for storage. Great starter home. This is a move-in ready home that
can help you get out of renting and own your own home!! ***This one
will not last, priced to sell and quick closing possible***
Unit Size
1,094 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$155
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1925
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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 #11286746)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Dec 14, 2021 | Listed by HomeSmart Connect LLC | $169,900 | |
| Listed by HomeSmart Connect LLC | |||
| Nov 25, 2021 | In contract | - | |
| In contract | |||
| Nov 8, 2021 | Listed by HomeSmart Connect LLC | $149,900 | |
| Listed by HomeSmart Connect LLC | |||
| | |||
|
Wonderful opportunity! Make this Elgin West, three bedroom home your own. This home has great character that gives a warm at-home feeling. Bring your decorating ideas, or keep the ambiance to bring back good memories. Hardwood floors throughout. Arched entry from the living room to the dining room. All wood doors and trim throughout. Large WIC that goes through from the master bedroom to the second bedroom. Open feel with the kitchen that opens to the dinning room. Many things have been done to give a more maintenance free living. Kitchen appliances replaced in '19, Roof & gutter-guards are new in '17, central air in '19, Exterior painted in '13. The walk-out basement to the back yard makes easy access for storage. Great starter home. This is a move-in ready home that can help you get out of renting and own your own home!! ***This one will not last, priced to sell and quick closing possible*** The manager has listed the unit size as 1094 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Southwest Elgin
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Listed by: Mark Goff, HomeSmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286746
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# 11286746
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