$310,000
●
House -
Off Market
510 Raef Road
Downs, IL 61736
3 Beds
3 Baths
3,434 Ft²
$354,518
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Beautiful Ranch in Award Winning Tri Valley Schools. The
Open floor plan, Split bedroom layout is separated by a Great Room
with Vaulted ceiling and a contemporary in-wall fireplace. The
Kitchen is the heart of the home and includes granite counter tops,
tiled backsplash, stainless steel appliances and a large island to
gather around for entertaining. Relax in the backyard with Mature
evergreen trees that provide privacy from the road in additional to
the retractable privacy screen on the covered back porch. The
Lower level includes the 4th bedroom, 3rd bathroom and a large
unfinished area for storage or could be finished for
additional entertaining.
Unit Size
3,434 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$92
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
2017
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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 #11173755)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by RE/MAX Rising | $315,000 | |
| Listed by RE/MAX Rising | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $239,900 | |
| Listed | |||
| | |||
|
You'll love this open ranch floor plan in Beecher Trails subdivision. Split Bedroom plan on main level, great room w/vaulted ceilings, contemporary in-wall fireplace, covered back patio, 3-car attached garage, attractive kitchen w/granite c-tops, tiled backsplash, and a large island to gather with all your friends. Master suite has a trendy tiled shower and large walk-in closet. Fantastic floorplan and in award-winning Tri Valley schools. Agent interest. The manager has listed the unit size as 3436 square feet.
| |||
| Jul 30, 2017 | Listed | $265,000 | |
| Listed | |||
| | |||
|
You'll love this open ranch floor plan in Beecher Trails subdivision. Split Bedroom plan on main level, great room w/vaulted ceilings, contemporary in-wall fireplace, covered back patio, 3-car attached garage, attractive kitchen w/granite c-tops, tiled backsplash, and a large island to gather with all your friends. Master suite has a trendy tiled shower and large walk-in closet. Fantastic floorplan and in award-winning Tri Valley schools. Agent interest.The manager has listed the unit size as 3436 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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Type
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ft²
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About McLean
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Listed by: Laura Thompson, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11173755
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# 11173755
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