$665,000
●
House -
Off Market
6427 Hoffman Terrace
Morton Grove, IL 60053
4 Beds
4 Baths,
2
Half Baths
2,375 Ft²
$661,223
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Move in ready, this beautiful brick split level home is ready for
new owners. The home features gorgeous hardwood floors, upgraded
kitchen with granite countertops, stainless steel appliances, wood
cabinets and breakfast area. Oversized living room and formal
dining room perfect for entertaining. The primary suite has an
updated bathroom with double vanities, walk in shower and loads of
closet space. The 2 additional upstairs bedrooms are generous sizes
and share a remodeled bathroom. The lower level has an incredible
family room with a stone fireplace and 4th bedroom. Just a few more
steps down and there is a finished basement and utility room.
Extremely well maintained home with a fenced in yard with a 4 zone
sprinkler system, cherry apple and pear tree, and a stone patio
perfect for grilling and outdoor gatherings. Ideal location in the
exclusive Eldorado Towers neighborhood. Close to shopping,
restaurants, great schools and expressways. Assumable mortgage at
3.25%, call David for more information. Welcome Home!
Unit Size
2,375 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$274
Property Type
House
Property Taxes
$1,063
HOA Dues
-
Year Built
1977
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11736820)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | Listed by Redfin Corporation | $649,900 | |
| Listed by Redfin Corporation | |||
| Apr 29, 2022 | No longer available | - | |
| No longer available | |||
| Apr 22, 2022 | Listed by Redfin Corporation | $619,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
Move in ready, this beautiful brick split level home is ready for new owners. The home features gorgeous hardwood floors, upgraded kitchen with granite countertops, stainless steel appliances, wood cabinets and breakfast area. Oversized living room and formal dining room perfect for entertaining. The primary suite has an updated bathroom with double vanities, walk in shower and loads of closet space. The 2 additional upstairs bedrooms are generous sizes and share a remodeled bathroom. The lower level has an incredible family room with a stone fireplace and 4th bedroom. Just a few more steps down and there is a finished basement and utility room. Extremely well maintained home with a fenced in yard with a 4 zone sprinkler system and a stone patio perfect for grilling and outdoor gatherings. Ideal location in the exclusive Eldorado Towers neighborhood. Close to shopping, restaurants, great schools and expressways. Welcome Home! The manager has listed the unit size as 2375 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Morton Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David Korkoian, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11736820
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# 11736820
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017