34
Map
$620,000
●
House -
For Sale
715 Erica Drive
Utica, IL 61373
4 Beds
2 Baths,
1
Half Bath
2,783 Ft²
$3,949
Est. Monthly
About This Property
*The seller is a licensed Illinois real estate broker and has an
ownership interest in the property* Thoughtful upgrades and
meticulous care define this beautifully appointed Utica home,
offering approximately 2,800 square feet of living space on
approximately 0.72 acres. Professional landscaping creates an
inviting first impression, complemented by LP SmartSide siding with
a Diamond Kote finish. Inside, hardwood floors, custom door and
window headers, and seven-inch baseboards with shoe molding lend
architectural character throughout. The newly upgraded kitchen
anchors the home, providing a welcoming setting for everyday living
and entertaining. A heated three-car garage with a floor drain, ERV
ventilation system, tankless hot water system, and A2 water
filtration system adds everyday convenience. The unfinished
basement features impressive 10-foot ceilings and abundant
potential for future living space. Outdoors, the expansive yard and
above-ground pool offer a relaxing setting for summer gatherings. A
distinctive home where attention to detail shines throughout.
Unit Size
2,783 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$223
Property Type
House
Property Taxes
$905
HOA Dues
-
Year Built
2003
Listed By
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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.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Concrete, Garage Door Opener, Heated Garage, Attached, Garage, Yes
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Vaulted Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Water Purifier Owned, Water Softener Owned, Gas Cooktop
Flooring Type: Hardwood
Rooms: 8
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Unfinished, Exterior Entry, Bath/Stubbed, Full, Egress Window, 9 ft + pour
Exterior Details
Square Footage: 2783
Square Footage Source: $0
Year Built: 2003
Other Structures: Shed(s)
Window Features: Skylight(s)
Construction Materials: Wood Siding
Patio and Porch Features: Deck
Pool Features: Above Ground
Pool is Private
Lot Features: Landscaped
Lot Size Area: 31363.2
Lot Size Units: Square Feet
Lot Size Acres: 0.72
Lot Size Square Feet: 31363.2
Lot Size Dimensions: 185x170
Water Source: Public
Financial Details
Tax Annual Amount: $10,854
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air, Radiant Floor
Sewer : Septic-Mechanical
Location Details
HOA/Condo/Coop Fee Includes: None
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 North Utica
Similar Homes for Sale
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Listed by: Amanda Andreoni, Baird & Warner
Data Source: MRED, MLS# MRD12788319
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.
Data Source: MRED, MLS# MRD12788319
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