$300,000
●
House -
Off Market
758 E ALGONQUIN Road
Des Plaines, IL 60016
3 Beds
1 Bath
1,010 Ft²
$293,903
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
RECENTLY RENOVATED AFFORDABLE BRICK RANCH HOME WITH NEWLY SIDED
FRONT. THE LIVING ROOM/DINING ROOM IS OPEN CONCEPT WITH LAMINATE
FLOORS THAT EXTEND THROUGH THE REST OF THE HOME. THE PRIMARY
BEDROOM IS SPACIOUS AND HAS A DOUBLE DOOR CLOSET. THE RENOVATED
BATHROOM HAS A PORCELAIN TILE SHOWER, GLASS DOOR, AND CERAMIC TILE
FLOORING. THE 3 YEAR OLD KITCHEN INCLUDES 42" WOOD CABINETRY,
ABUNDANT GRANITE TILE COUNTERTOPS, A CERAMIC TILE FLOOR, AND
STAINLESS STEEL APPLIANCES. THE ATTACHED ONE CAR GARAGE HAS BEEN
CONVERTED FOR USE AS A FAMILY ROOM, OFFICE, OR POSSIBLE THIRD
BEDROOM. THERE IS A SEPARATE HEAT ONLY UNIT FOR THIS SPACE. THE
UTILITY ROOM INCLUDES THE BOILER (BASEBOARD HEAT) PLUS A NEW
SEPARATE CENTRAL AIR SYSTEM WITH SEPARATE VENTING (INSTALLED IN
2020). IT ALSO INCLUDES A FRONT LOAD STACKED WASHER AND DRYER.
OTHER FEATURES INCLUDE NEWER REPLACEMENT WINDOWS AND A LARGE YARD
WITH CONCRETE PATIO.
Unit Size
1,010 Ft²
Days on Market
-
Land Size
-
Price per sqft
$292
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1955
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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 #11877317)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Weichert, Realtors - All Pro | $295,000 | |
| Listed by Weichert, Realtors - All Pro | |||
| Jun 24, 2019 | No longer available | - | |
| No longer available | |||
| Apr 22, 2019 | No longer available | - | |
| No longer available | |||
| Apr 15, 2019 | Listed | $217,900 | |
| Listed | |||
| | |||
|
Amazing opportunity to buy a Ranch on a beautiful lot in a very convenient location! First time home buyers? Downsizing? This is for you! Walking kids to school ? This is also for you ! Open Living Rm and Dining Rm make for great conversation. The spacious Kitchen lets you prepare at ease for those holiday get togethers! Laundry/utility room off the Kitchen is very convenient ! 2 nice sized bedrooms with a full brand new remodeled bathroom ,New windows and beautiful vinyl planks floors just installed in! Whole house just freshly painted,newer concrete driveway,washer & dryer, boiler, water heater tank and sink garbage disposal. Also AC/HEAT european style wall unit also installed. Roof couple years old! Garage converted into 3rd bedroom easy to de convert back ! Low taxes !MULTIPLE OFFERS , H & B BY MONDAY 12:00PM The manager has listed the unit size as 1500 square feet.
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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HOA + Taxes
About Des Plaines
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Listed by: George Ristau, Weichert, Realtors - All Pro
Last Updated: 3 years ago
Data Source: MRED, MLS# 11877317
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# 11877317
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