$410,000
●
House -
Off Market
503 N Glengarry Drive
Geneva, IL 60134
4 Beds
2 Baths
1,924 Ft²
$2,623
Est. Monthly
8.14%
Cap Rate
About This Property
Highly sought after East Side Geneva location! Updated & freshly
painted 3+1 bedroom home with a large living room & formal dining
room, both filled with abundant natural light. Enjoy a remodeled
kitchen with new appliances, under-cabinet lighting, and soft-close
cabinets. Relax on the refurbished tiered deck overlooking a huge,
oversized wooded lot. The home features 3 generous bedrooms with an
updated shared bath. The lower level boasts a large family room
with a fully functional stone surround fireplace, a fitness room
(potential 4th bedroom), a full bath, and a laundry room with a new
washer and dryer. The roof, siding, and windows are less than 5
years old. Additionally, there is a new humidifier and water
heater, with the furnace and air conditioner being 15 years old.
The home also includes a new asphalt drive, wall-to-wall carpet,
and door hardware. All this, and it's so close to parks, schools,
and everything beautiful downtown Geneva has to offer! Great
neighborhood and schools. You're going to love this home!
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$216
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
-
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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 #12095917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by Compass | $415,000 | |
| Listed by Compass | |||
| May 2, 2019 | No longer available | - | |
| No longer available | |||
| Mar 29, 2019 | Price Decreased |
$279,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Mar 1, 2019 | Listed | $289,000 | |
| Listed | |||
| | |||
|
Highly sought after East Side Geneva location! This immaculate 4 bedroom home features stairway with newer wrought iron spindles up to large living room & formal dining room with a abundance of natural light. Sunny kitchen w/plenty of counter space & cabinetry. Step out on the spacious 2 tiered deck overlooking huge, oversized wooded lot with professional landscaping and mature trees - your own private outdoor oasis! Main level boasts 3 bedrooms (with new carpeting!) including spacious master and full updated bath. Lower level features large family room with w/stone surround fireplace and new carpet, 4th bedroom, a full bath & laundry room. New roof, siding and windows!!! Newer furnace & air conditioner (10 yrs). All this and so close to parks, schools and all that beautiful downtown Geneva offers! Great neighborhood, fabulous schools and lower taxes - Welcome Home!! The manager has listed the unit size as 1900 square feet.
| |||
Property Highlights
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Fireplace
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About Geneva
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Listed by: Tom Makinney, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12095917
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# 12095917
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