$155,000
●
House -
Off Market
601 W Front Street
Mount Morris, IL 61054
3 Beds
1 Bath
2,161 Ft²
$190,701
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Country living at its best w/all the conveniences of being close to
town! This remodeled, 2 story home sits on the edge of town in Mt.
Morris. Has 3 bedrooms& 1 extra large full bath w/walk in closet!
Attic space has potential to make cute 4th bedroom/den. Open floor
plan between kitchen & dining room. Kitchen appliances stay except
for stove. Kitchen has ceramic tile flooring and beautiful oak
cabinets! Dining room French doors lead to deck & paved patio.
Windows with lots of light in the dining room. Gorgeous country
views! Oak trim throughout, oak floors & 6 panel doors. Built-in
oak linen closet. You'll LOVE the 2nd floor laundry room! Washer &
dryer stay. 3 car detached garage, heated on 1 side. Utility
shed/garage with overhead door for mowers. Roof & windows new in
2012. Aluminum/vinyl siding. Propane heat, well & septic 8/9 years
old. Radon system installed. Apple orchard w/10 producing trees.
Antique apple press included. Furniture negotiable. Zoned Ag, bring
your animals!
Unit Size
2,161 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$76
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
-
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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 #11084202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Oct 19, 2022 | Listed by Re/Max of Rock Valley | $180,000 | |
| Listed by Re/Max of Rock Valley | |||
| | |||
|
Want that country living feel with the ease of being close to town? This remodeled, 2 story home sits on the west edge of town in Mt. Morris. Has 3 bedrooms & 1 extra large full bath w/big walk in closet. Attic space has potential for cute 4th bedroom/den. Kitchen & dining room are open to each other. Kitchen appliances stay and stove & microwave are only 1 year old! Kitchen has ceramic tile flooring and beautiful oak cabinets! Dining room French doors lead to deck & paved patio. Dining room is bright & airy with beautiful country views! Oak trim throughout, oak floors & 6 panel doors. Built-in oak linen closet upstairs. You'll love the convenient 2nd floor laundry room where washer & dryer both stay. 3 car detached garage with heat. Utility shed has overhead door for mowers etc. Roof & windows were new in 2012. Aluminum/vinyl siding. Propane heat, well & septic 9/10 years old. Radon system installed. Apple orchard w/10 producing trees.
| |||
| Jul 8, 2021 | Sold | ||
| Sold | |||
| May 11, 2021 | Listed by Re/Max of Rock Valley | $165,000 | |
| Listed by Re/Max of Rock Valley | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Mark True, Re/Max of Rock Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11084202
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# 11084202
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