$345,000
●
House -
Off Market
8430 W Normal Avenue
Niles, IL 60714
3 Beds
2 Baths
$370,613
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Cozy 3 bedroom, 2 bath split level home located on quiet
residential street. Low Niles taxes with Park Ridge "Award Winning"
school district. This much sought after neighborhood in Niles is
just a few short blocks to Emerson Middle School. Some of the
recent improvements include: A new tear off roof was installed in
August 2007 with a 30 year "Landmark Series" architectural shingle.
New Bryant high efficiency furnace and central air approximately 8
years. Pella bay windows in living room and Pella sliding door off
dining room leading to yard. New Rheem hot water tank in 2018.
Lower level bath has been updated. The sellers just refinished the
oak hardwood floors on the upper "bedroom" level and replaced the
carpeting on the first level and family room level. Located in a
quiet residential neighborhood!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1960
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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 #11244327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2021 | No longer available | - | |
| No longer available | |||
| Oct 12, 2021 | Listed by @properties | Christie's International Real Estate | $359,900 | |
| Listed by @properties | Christie's International Real Estate | |||
| Sep 15, 2021 | Listed by Century 21 Elm, Realtors | $389,900 | |
| Listed by Century 21 Elm, Realtors | |||
| | |||
|
Cozy 3 bedroom, 2 bath split level home located on quiet residential street. Low Niles taxes with Park Ridge "Award Winning" school district. This much sought after neighborhood in Niles is just a few short blocks to Emerson Middle School. Some of the recent improvements include: A new tear off roof was installed in August 2007 with a 30 year "Landmark Series" architectural shingle. New Bryant high efficiency furnace and central air approximately 8 years. Pella bay windows in living room and Pella sliding door off dining room leading to yard. New Rheem hot water tank in 2018. Kitchen and lower level bath have been updated. Appliances are newer including the Maytag washer and dryer. All the major improvements have been made on this home. Only the "Fun Money" is left to spend. Put your own personal touches on this home with some new decorating and flooring! Immediate possession possible!!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Niles
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Listed by: Ralph Milito, @properties | Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11244327
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# 11244327
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