$240,000
●
House -
Off Market
5915 Pepper Drive
Rockford, IL 61114
3 Beds
3 Baths,
1
Half Bath
1,723 Ft²
$1,586
Est. Monthly
10.23%
Cap Rate
About This Property
This modified Pinecroft Style Floor Plan offers a HUGE Great Room
canopied by a soaring 2-story ceiling, circle round accent window
illuminating endless natural lighting & warm & inviting gas
fireplace. Parquet Flooring unifies the Kitchen & Casual Dining
Area & Patio Door to the arborvitae framed concrete patio. Oak
Cabinets, Peninsula Snack Counter create a entertainment friendly
atmosphere. The Main Floor Primary Bedroom is complete with walk-in
closet & private bathroom consisting of double sinks, tile floor,
tub & separate shower as well as its own door to a Private Deck.
Going up to the 2nd floor there are 2 additional Bedrooms & another
Full Bath that overlook the Great Room with a french door faux
balcony. The finished lower level is ready for your finishing
touches with a Rec Room, Bonus Room & framed Seasonal Closet. ALL
Windows have been replaced approx 3 years ago and have a
transferrable warranty. Furnace & Sump Pump: 2023. Roof: 9/2023.
Convenient to EVERYTHING including Shopping, Dining, RVC & EZ I-90
Access. Your evenings will be delightful on either side of the
house on the Patio or Deck absorbing the reality of an inviting
evening sky
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$131
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1990
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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 #12005842)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by Century 21 Affiliated - Rockford | $225,000 | |
| Listed by Century 21 Affiliated - Rockford | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jan 20, 2020 | Listed | $164,900 | |
| Listed | |||
| | |||
|
Absolutely stunning and move-in ready. With over 2,600 square feet of richly detailed living space. Gourmet kitchen ample counter space with peninsula, stainless steel appliances. Spacious dining room with slider to patio. First floor master suite, spacious walk-in closet; complete with walk-in shower, separate bathtub, double vanity. Step out to the private deck for a peace of mind. Vaulted ceiling and towering windows welcome you into the cozy living room w/ gas fireplace. The upper level features 2 spacious bedrooms with large closets & full bath. First floor laundry. Inviting finished lower level w/ family room and rec room a great area to entertain w/ built in wall speaker, and wine cellar. Roof 2016. Newer mechanicals. This is the perfect home for you great location, close to RVC walking path and neighborhood parks. I-90 3 mins away. The manager has listed the unit size as 2823 square feet.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Northeast
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Listed by: Lori Reavis, Century 21 Affiliated - Rockford
Last Updated: 3 years ago
Data Source: MRED, MLS# 12005842
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# 12005842
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