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DeKalb 60115 University Heights
711 Hedge Drive
$269,900
● House - Off Market

711 Hedge Drive

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,392 Ft²
$1,871
Est. Monthly
8.67%
Cap Rate

About This Property

Wow!! Bigger than it looks! Come see this spectacular home with a great private lot on almost a quarter acre that has been totally remodeled and is ready for it's new owner! Look at the upgrades on this one: Brand new kitchen with all stainless appliances, complete new HVAC system, new HWH, all new flooring throughout, some new windows including 2 brand new sliders, all new lighting and fresh paint! Fabulous new private deck for those summer nights and a cozy fireplace inside for the winter gatherings! Northern Illinois University is just minutes away! Lower level could be finished for more living space and already has a full bathroom! Come see this gem right away because it will not last!
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$194
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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: 2 years ago (MRED MLS #12094819)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Premium
Sold
Nov 2, 2024 In contract -
In contract
Oct 25, 2024 Price Decreased $269,900
↓ $10K (3.6%)
Price Decreased
Oct 22, 2024 Relisted $279,900
Relisted
Sep 10, 2024 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,261
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOREN HEDGE - PHASE TWO
  • Land Acres: 0000000281
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 8 - LOREN HEDGE - PHASE TWO

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001002

Geography

  • Account Number: 0816426017
  • District: DK
  • Subdivision Phase Number: 2
  • Parcel: 08-16-426-017
  • Lot: 8
  • Municipality: DEKALB
  • Latitude: 41.9413
  • Longitude: -88.7772

    Address

  • Full Address: 711 Hedge Dr
  • Address - House Number: 711
  • Address - Street Name: Hedge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C017
  • 4-Digit Zip Code: 2140
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $642,646
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 285,754
  • High Value: 325,208
  • Low Value: 246,300

    Market Valuation

  • Market Total Value: $208,470
  • Market Land Value: $28,575
  • Market Improvement Value: $179,895

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,490
  • Assessed Land Value: $9,525
  • Assessed Improvements Value: $59,965
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About University Heights

Stats & Trends

Median Asking:

$274,900

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

39

Average Home Size

1596 ft²

Average Home Age

49.2 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: John Hoffman, Whyrent Real Estate Company
Last Updated: 2 years ago
Data Source: MRED, MLS# 12094819
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.

Frequently Asked Questions

When was property at 711 Hedge Drive built and last sold?
The property at 711 Hedge Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 711 Hedge Drive is $0.
What are some comparable homes to 711 Hedge Drive?
There are currently no comparable homes to 711 Hedge Drive.
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