$226,500
●
House -
Off Market
8 N 5th Avenue
DES PLAINES, IL 60016
4 Beds
2 Baths
1,520 Ft²
$380,594
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Cape Cod with solid bones & great square footage (1520),
perfectly located 1 block south of the highly desirable
Cumberland Elementary School, Chippewa Middle School, Chippewa Park
& Pool and 3 blocks from the Cumberland Metra Train station.
4 bedrooms, 2 baths with super additional first floor
office/mud room space. Windows replaced in 2011. Roof
replaced in 2015. Great paver patio area & large yard complete with
shed and additional patio. Amazing potential to update to
your own style. With this awesome location (located centrally
between downtown Mt Prospect (1.8 miles) & downtown Des Plaines
(1.5 miles)), you can't go wrong!
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$157
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1952
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09717119)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $239,000 | |
| Listed | |||
| | |||
|
Cape Cod with solid bones & great square footage (1520), perfectly located 1 block south of the highly desirable Cumberland Elementary School, Chippewa Middle School, Chippewa Park & Pool and 3 blocks from the Cumberland Metra Train station. 4 bedrooms, 2 baths with super additional first floor office/mud room space. Windows replaced in 2011. Roof replaced in 2015. Great paver patio area & large yard complete with shed and additional patio. Amazing potential to update to your own style. With this awesome location (located centrally between downtown Mt Prospect (1.8 miles) & downtown Des Plaines (1.5 miles)), you can't go wrong! The manager has listed the unit size as 1520 square feet.
| |||
| Aug 10, 2017 | Listed by Picket Fence Realty Mt. Prospe | $239,000 | |
| Listed by Picket Fence Realty Mt. Prospe | |||
Property Highlights
Air Conditioning
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 Des Plaines
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: , Picket Fence Realty Mt. Prospe
Last Updated: 3 years ago
Data Source: MRED, MLS# 09717119
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# 09717119
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017