$262,500
●
House -
Off Market
4390 W IL RTE 64
Mount Morris, IL 61054
3 Beds
2 Baths
2,104 Ft²
$303,277
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Dream house is the only way to describe this one! 3 Bed, 2 bath,
extremely well maintained, and many updates. Beautiful custom
kitchen update in 2012, new roof in 2016, water heater in 2017,
furnace and air conditioning in 2018, and a new well pump in 2019.
Talk about a worry free house! You're not just getting a
fabulous house, you're also getting 3.34 acres and a 36x54 concrete
floor shop that was built in 2008, and that's in addition to the 2
car garage. Talk about room to tinker! You'll be hard pressed
to find a property in such good condition with so much to offer.
This one won't last long, so don't let it slip by!
Unit Size
2,104 Ft²
Days on Market
-
Land Size
3.34 acres
Price per sqft
$126
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1940
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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 #11114471)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by RE/MAX of Rock Valley | $369,000 | |
| Listed by RE/MAX of Rock Valley | |||
| | |||
|
This is your new oasis! Fabulous 3 bedroom, 2 bath home with a newer custom kitchen. First floor bathroom remodeled in the past week! It sits on a lot of 3.34 acres. 2 car garage with new heater. 36 x 54building with a concrete floor. Current owner built a 16 x 24 heated and insulated workshop within the building. The 30' above ground pool is only 3 years old. Back yard is newly fenced with 2-16' gates for easy access. Concrete pad for your travel trailer. There is a new water softener and new dishwasher. High electric bills are a thing of the past. Solar equipment is owned free and clear and transferable to the new buyer. System comes with a 25 year warranty. The current owners pay only $16 per month for the electric bill. Don't wait, call today.
| |||
| Aug 17, 2021 | Sold | ||
| Sold | |||
| Jun 6, 2021 | Listed by RE/MAX of Rock Valley | $265,000 | |
| Listed by RE/MAX of Rock Valley | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ogle
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Listed by: Lori Peterson, RE/MAX of Rock Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11114471
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# 11114471
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