$502,000
●
House -
Off Market
6715 31st Street
Berwyn, IL 60402
4 Beds
3 Baths
3,314 Ft²
$3,441
Est. Monthly
6.84%
Cap Rate
About This Property
Best Value in the Depot District! Completely updated 5
bedroom farmhouse featuring a rare Master Suite. The generous
floorpan is flexible and functional for the modern family. It's
complete with a cozy porch, mudroom & plenty of closets. The
gorgeous kitchen has quartz countertops, gleaming white shaker
cabinets, classic subway tile backsplash and a walk in
pantry/laundry. Finished basement with flood control, has
large recreation room and plenty of storage. Backyard sanctuary has
a beautiful cedar fence and newly built custom deck. Fabulous
location in the Depot District is extremely close to highways and
area amenities: Metra Station, Proksa Park, Schools, Berwyn
Pool/Rec center, Hospital, Cafes, Bars and Restaurants. Parking pad
and plenty of street parking. Progressive Berwyn schools are
recognized as an "Apple Distinguished School" as well a dual
language program beginning in Kindergarten!
Unit Size
3,314 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$157
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
1891
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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 #12002227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | Listed by Coldwell Banker Realty | $519,900 | |
| Listed by Coldwell Banker Realty | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Dec 3, 2019 | Listed | $349,900 | |
| Listed | |||
| | |||
|
Stunning renovation in the heart of the Historic Depot District and blocks from Proksa Park. Featuring a wide lot and spacious open floor plan with a beautiful new kitchen and full bathroom. Quartz counters complement the new white shaker style cabinets and high end appliances. The bathrooms, kitchen and large butlers pantry will not disappoint! 4 bedrooms plus mud room and sitting room in back. Property features a total rebuild including new water service, mechanicals, hvac, electric service, plumbing & an open layout with huge closets and a finished basement! This amazing new home is ready to move in to today! The manager has listed the unit size as 2255 square feet.
| |||
| Nov 26, 2019 | No longer available | - | |
| No longer available | |||
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About Berwyn
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Listed by: Stacey Cortez, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12002227
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# 12002227
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