$540,000
●
House -
Off Market
581 W Kathleen Drive
DES PLAINES, IL 60016
5 Beds
6 Baths,
2
Half Baths
4,202 Ft²
$915,656
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Commuters dream location. 6 miles to Ohare and 1 mile to the
Metra. Superior quality all brick custom home
with 5 bedrooms each featuring a walk in closet. 4.2 baths with
heated floors. 4 levels of living with hardwood throughout.
Open concept eat in kitchen with granite counter tops and stainless
steel appliances including a six burner Wolf stove. Master
suite with luxury bathroom, granite tops, travertine shower, and
huge jetted tub. His and hers walk in closets in the master.
3rd floor loft with sink, refrigerator and half bath.
Convenience abounds in this home with ample storage, 3 hvac
zones, 2 high efficiency hot water tanks, 2 washer and dryers- 2nd
floor by bedrooms and in basement. Led lighting throughout,
nest thermostats, whole home wired for cable, security and
intercom. 4 car garage with high ceiling and extra work space.
The list goes on and on, must see to appreciate the fine
details. Brentwood, Friendship and Elk Grove schools.
Unit Size
4,202 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$1,196
HOA Dues
-
Year Built
2007
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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 #09677612)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $585,000 | |
| Listed | |||
| | |||
|
Commuters dream location. 6 miles to Ohare and 1 mile to the Metra. Superior quality all brick custom home with 5 bedrooms each featuring a walk in closet. 4.2 baths with heated floors. 4 levels of living with hardwood throughout. Open concept eat in kitchen with granite counter tops and stainless steel appliances including a six burner Wolf stove. Master suite with luxury bathroom, granite tops, travertine shower, and huge jetted tub. His and hers walk in closets in the master. 3rd floor loft with sink, refrigerator and half bath. Convenience abounds in this home with ample storage, 3 hvac zones, 2 high efficiency hot water tanks, 2 washer and dryers- 2nd floor by bedrooms and in basement. Led lighting throughout, nest thermostats, whole home wired for cable, security and intercom. 4 car garage with high ceiling and extra work space. The list goes on and on, must see to appreciate the fine details. Brentwood, Friendship and Elk Grove schools.The manager has listed the unit size as 4202 square feet.
| |||
Property Highlights
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
Sold On
HOA + Taxes
About Des Plaines
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Listed by: , Classic Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09677612
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# 09677612
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