$330,000
●
House -
Off Market
801 FLORENCE Avenue
EVANSTON, IL 60202
2 Beds
1 Bath
1,500 Ft²
$560,301
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
EVANSTON ARTISTS COTTAGE! WRAP AROUND WINDOWS BATHE THE INTERIOR IN
LIGHT. THE HOME IS SITUATED ON A LARGE LOT AND LOOKS OUT OVER A
HUGE YARD FIT FOR A DOG, A GARDENER OR LATE NIGHT FIRE PITS-
CURRENT OWNER DID ALL THE WORK; NEW HVAC, NEW TEAR OFF ROOF, NEWER
WINDOWS, PAINTED EXTERIOR, NEW W/D, UPGRADED KITCHEN AND BATH.
LAYOUT ALLOWS FOR EAT IN KITCHEN, FAMILY ROOM, TWO GOOD SIZED
BEDROOMS, AND FULL MUDROOM/LAUNDRY ROOM. 2 CAR GARAGE STEPS FROM
MUDROOM. ATTIC FOR STORAGE. WASHINGTON SCHOOL 2 BLOCKS AWAY! WALK
TO MAIN STREET METRA, PURPLE LINE AND ROBERT CROWN.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
1939
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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 #09604040)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Dec 14, 2022 | Listed by Compass | $399,000 | |
| Listed by Compass | |||
| | |||
|
Embrace a warm, charming life filled with history, creativity and abundant light in the home well known as the poets cottage. Wrap around windows bring light in and provide views of the sweeping fenced in yard, complete with garden boxes and a patio for late night bonfires. Inside of the garage you will find a work bench space, room for 2 cars, and a special built-in office with heat and AC. The cottage's layout brings you a mudroom/laundry right off of the 2 car garage. The kitchen is open floor plan to the family room. The home's 3 bedrooms are all of great size, and the attic provides you with a ton of storage space, or the possibility to fully finish it. The poets cottage is ideally located just 2 blocks away from both Washington School and Robert Crown Community Center, plus you are a quick walk to the Main St. Metra purple line. Showings of this charismatic cottage will begin this weekend!
| |||
| Jun 21, 2017 | Sold | ||
| Sold | |||
| Apr 24, 2017 | Listed by @properties | $349,000 | |
| Listed by @properties | |||
Property Highlights
Air Conditioning
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Evanston
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Listed by: , @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 09604040
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# 09604040
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