$224,000
●
House -
Off Market
516 David Drive
SHOREWOOD, IL 60404
4 Beds
2 Baths
2,000 Ft²
$358,066
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Spacious 4 bedroom 2 bath quad-level in Shorewood Meadows
Subdivision. Gourmet kitchen has been completely redone with new
cabinetry, built-in wine rack, granite counter tops,island for
additional work space, six burner stove and a Kohler farmhouse sink
and stainless appliances are just a few of the highlights in this
gorgeous kitchen. Sliding doors open to patio, with custom deck,
pergola, pond and lush landscaping through out the backyard. Large
windows in the living room and dining room allow for plenty of
natural light. The bathrooms have also been updated. Upstairs
bathroom offers double sinks and tile tub/tile surround. The
basement has been partially finished. Furnace and AC are less than
10 years. This home has been meticulously maintained.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$112
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1979
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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 #09637481)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $224,000 | |
| Listed | |||
| | |||
|
Spacious 4 bedroom 2 bath quad-level in Shorewood Meadows Subdivision. Gourmet kitchen has been completely redone with new cabinetry, built-in wine rack, granite counter tops,island for additional work space, six burner stove and a Kohler farmhouse sink and stainless appliances are just a few of the highlights in this gorgeous kitchen. Sliding doors open to patio, with custom deck, pergola, pond and lush landscaping through out the backyard. Large windows in the living room and dining room allow for plenty of natural light. The bathrooms have also been updated. Upstairs bathroom offers double sinks and tile tub/tile surround. The basement has been partially finished. Furnace and AC are less than 10 years. This home has been meticulously maintained.The manager has listed the unit size as 2000 square feet.
| |||
| May 24, 2017 | Listed by Coldwell Banker The Real Estate Group | $224,000 | |
| Listed by Coldwell Banker The Real Estate Group | |||
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 Shorewood
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Listed by: , Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09637481
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# 09637481
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