$295,000
●
House -
Off Market
5307 May Avenue
Richmond, IL 60071
3 Beds
3 Baths,
1
Half Bath
1,523 Ft²
$1,914
Est. Monthly
8.64%
Cap Rate
About This Property
Welcome Home! Updated 2-story house on a lot with mature trees and
great curb appeal. As you enter the house you are greeted by a huge
living room with plenty of windows and natural light. The home is
painted in neutral warm colors. Amazing Kitchen! Completely custom
kitchen cabinets, farm sink, new counter tops, tile backsplash, and
luxury flooring. High-End refrigerator was just installed. The
kitchen is open to the dining room which is ideal for entertaining.
The half bath is also freshly remodeled. Upstairs bathrooms are
both updated! Nice sized primary bedroom with ensuite bathroom.
Partially finished basement with new carpet! Home offers ample
storage in the basement and garage. Close to everything...Schools,
restaurants, shopping and cute downtown Richmond. Tour today!
Unit Size
1,523 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$197
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1968
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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: 2 years ago (MRED MLS #12200982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 5, 2024 | Listed by Redfin Corporation | $299,900 | |
| Listed by Redfin Corporation | |||
| Aug 20, 2024 | Listed by Redfin Corporation | $325,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Welcome Home! Updated 2-story house on a lot with mature trees and great curb appeal. As you enter the house you are greeted by a huge living room with plenty of windows and natural light. The home is painted in neutral warm colors. Amazing Kitchen! Completely custom kitchen cabinets, farm sink, new counter tops, tile backsplash, and luxury flooring. High-End refrigerator was just installed. The kitchen is open to the dining room which is ideal for entertaining. The half bath is also freshly remodeled. Upstairs bathrooms are both updated! Nice sized primary bedroom with ensuite bathroom. Partially finished basement with new carpet! Home offers ample storage in the basement and garage. Close to everything...Schools, restaurants, shopping and cute downtown Richmond. Tour today!
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hillview
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Listed by: Michael Herrick, Redfin Corporation
Last Updated: 2 years ago
Data Source: MRED, MLS# 12200982
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: 2 years ago
Data Source: MRED, MLS# 12200982
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