$430,000
●
House -
Off Market
655 W Paddock Drive
Wheeling, IL 60090
3 Beds
3 Baths,
1
Half Bath
1,704 Ft²
$437,802
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Completely updated colonial with such a great location! Home backs
to the bike path (which leads to the Prospect Heights METRA and
Lake Arlington) while still having loads of privacy. Fabulous curb
appeal that includes a welcoming front porch. Updated throughout!
Antique inspired kitchen cabinets, granite counters, SS appliances,
wine fridge and built-in extended peninsula with seating for seven.
Australian black oak wide plank flooring throughout. California
closets, full unfinished basement. New skylights-2019. Full
bathrooms updated including 2020 flooring & tub. Sump Pump-2022.
Back-up sump pump-2020. Smart garage door opener-2021. Google
Nest-2020. Fabulous yard with upgraded 6 foot vinyl fence.
(Previous owners completed an architectural designed full
renovation throughout entire home in 2015.)
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$258
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1987
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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 #11808690)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Jun 20, 2023 | Listed by Coldwell Banker Real Estate Group | $439,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Apr 7, 2019 | No longer available | - | |
| No longer available | |||
| Feb 6, 2019 | Listed | $349,900 | |
| Listed | |||
| | |||
|
THIS IS THE ONE YOU'VE BEEN WAITING FOR! ARCHITECT DESIGNED FULL RENOVATION THROUGHOUT THE ENTIRE HOME WITH CITY PERMITS,WELL OVER $100K IN IMPROVEMENTS. BE PREPARED TO BE IMPRESSED AND ENTERTAIN IN THE KITCHEN THAT BELONGS IN A MILLION DOLLAR HOME. FROM THE ANTIQUE VINTAGE FRENCH INSPIRED KITCHEN CABINETS TO THE TOP TIER GRANITE COUNTERS WITH BUILT IN SEATING FOR 7. HIGH END APPLIANCES INCLUDING WINE REFRIGERATOR. AUSTRALIAN BLACK OAK WIDE PLANK FLOORING ON 1ST AND 2ND LEVELS. OPEN FLOORPLAN FEEL INCLUDING SPECIALLY DESIGNED FLOATING STAIRCASES. GOOD SIZE MASTER AND 2ND BEDROOMS WITH CALIFORNIA CLOSETS. 2 1\2 BATHROOMS RENOVATED. FULL UNFINISHED BASEMENT READY TO BE FINISHED FOR EXTRA LIVING SPACE. THAT'S NOT ALL, HOME SITS ON A PREMIUM SUNNY LOT WITH UPGRADED 6FT VINYL FENCE AND PERGOLA THAT BACKS TO BIKE PATH THAT CONNECTS TO THE METRA. NOTHING TO DO BUT UNPACK AND START LIVING YOUR DREAM! LOW RE TAXES! The manager has listed the unit size as 1838 square feet.
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wheeling
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Listed by: Julia Nicoll, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11808690
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# 11808690
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