$395,000
●
House -
Off Market
5002 Spring Brook Road
Rockford, IL 61114
4 Beds
4 Baths,
1
Half Bath
4,555 Ft²
$461,323
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Gorgeous custom built Cape Cod home with nearly two acres in a
secluded area that opens up to a sprawling yard and creek running
through the edge of the property. The perfect opportunity to escape
and relax with this very unique one of a kind Tri-level Single
Family Home. Grand Master Suite with a remote control fireplace,
private balcony, massive walk-in closet, double sink, luxury
waterfall shower, and a relaxing spa like tub. Oversized kitchen
has beautiful white cabinets, large granite island, floor to
ceiling windows, wine cooler, and ample cabinet space. Guest room
has an office that can be converted to a huge walk in closet. Enjoy
your acres of land from this very private and stunning backyard.
You won't find a home this size, with this much land, and with this
many upgrades even remotely near this price. This home is priced to
sell and made for a family who enjoys a large living space and
plenty of room to entertain but also enjoys the serenity this
property offers. MLS #11192829
Unit Size
4,555 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$90
Property Type
House
Property Taxes
$721
HOA Dues
-
Year Built
1978
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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 #11192829)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by Metro Realty Inc. | $409,900 | |
| Listed by Metro Realty Inc. | |||
| Jun 2, 2019 | No longer available | - | |
| No longer available | |||
| Apr 24, 2019 | Listed | $279,900 | |
| Listed | |||
| | |||
|
SERENE PROPERTY WITH ACREAGE & MATURE TREES IN THE HEART OF THE CITY. CLOSE TO EVERYTHING. UNIQUE PROPERTY WITH A LOT OF ROOM. HOME WAS A BARN THAT CONVERTED TO A HOUSE. CEILINGS ON THE MAIN LEVEL ARE 7 FT. HUGE KITCHEN WITH BEAUTIFUL WHITE CABINETS, WOOD FLOORS, & TILES IN MOST OF THE ENTERTAINING ROOMS. SOUTH WING HAS AN ADDITION OF 1700 SQ.FT FROM 5 YRS AGO WITH A GRAND MASTER SUITE AND BALCONY TO ENJOY THE MORNING PEACE WITH NATURE. MASTER BR IS CONNECTED TO A ROOM THAT CAN EASILY BE A NURSERY. GUEST ROOM WITH A WALK-IN CLOSET THAT CAN CONVERT TO A BEDROOM OR STUDY. FAMILY ROOM WITH FIREPLACE AND TALL PATIO DOORS. COME WITH AN OPEN MIND TO A UNIQUE LAYOUT. The manager has listed the unit size as 4555 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Northeast
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Melanie Broderick, Metro Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11192829
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# 11192829
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