$285,000
●
House -
Off Market
864 Mason Lane
DES PLAINES, IL 60016
4 Beds
2 Baths
$489,140
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
Lovely rehabbed arts & crafts-style bungalow. More recent
updates than can be listed here. Hardwood floors, brick
fireplace, nice architectural touches, moldings & pillars.
Beautifully remodelled eat-in kitchen with maple cabinets,
granite counter tops, stainless appliances and unique stainless
backsplash. Enclosed rear porch off the kitchen. Replacement
thermal windows throughout. Two nice-sized bedrooms on the first
floor, along with a rehabbed full bathroom with L.E.D. mirror and
custom tiling. Upstairs find two more nice-sized bedrooms and
another rehabbed full custom bathroom. Round things off with a
lovely private yard, great driveway, and serene front porch to view
your yard and the mature tree-lined street.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1925
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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 #09488906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | Listed by @properties Christie's International Real Estate | $369,000 | |
| Listed by @properties Christie's International Real Estate | |||
| | |||
|
Welcome home to this lovely rehabbed arts & crafts-style bungalow, just a stone's throw from downtown Des Plaines. Relax and put your feet up on the open front porch looking out at the tree-lined street, or enjoy some quiet time in the enclosed rear porch off the kitchen overlooking the large back yard. There are architectural details at every turn, and an updated eat-in kitchen. Beautiful hardwood floors throughout the 1st floor, and new carpet on the 2nd floor, Two nice-sized bedrooms on the first floor (one currently used as an office) along with a rehabbed full bathroom. Upstairs find two more nice-sized bedrooms and another rehabbed bathroom.
| |||
| Apr 21, 2017 | Sold | ||
| Sold | |||
| Jan 30, 2017 | Listed by Coldwell Banker Residential | $299,999 | |
| Listed by Coldwell Banker Residential | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Des Plaines
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Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09488906
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# 09488906
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