Off-Market Property at 831 Hawthorne Dr, Naperville, IL, 60540
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831 Hawthorne Dr, Naperville, IL, 60540

$594,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $208 per day and long-term for an average of $3,091 per month, based on similar listings in the area. Estimated short-term cap rate of -2.7%. Estimated long-term cap rate of -1.9%. Welcome home to this gorgeous split-level in fantastic central Naperville location on a cul-de-sac! Bike trails along the river are adjacent to the neighborhood~You're only a 10 minute walk to Trader Joe's and Starbucks, and a 15-20 minute walk to Naper Settlement and Downtown Naperville~ As you enter you'll find a beautiful entry door with leaded glass insert and gorgeous hardwood floors throughout the 1st & 2nd levels~The updated eat-in kitchen features all stainless steel appliances including a double oven, granite countertops, glass tile backsplash, huge island/breakfast bar with modern pendant lighting, an abundance of cabinets plus soft close drawers~Fresh paint throughout with new, custom fitted, solid wood white doors with new hardware~Additional living space in the spacious lower level offers a cozy fireplace and built-ins for storage~Both bathrooms have been updated~The master bedroom has his-n-hers closets, the other two bedrooms have closet organizers~Laundry room has cabinets for additional storage, folding counter, sink and service door to backyard~Additional updates include newer ceiling fans and light fixtures throughout, paver walkway 2024, furnace 2023, tankless hot water heater (no waiting for hot water!) 2023, wi-fi enabled Ring doorbell and garage door opener 2023, new white blinds in living room 2023, A/C 2018 with new electrical line 2024~The exterior is mostly brick and virtually maintenance free~The wrap-around front porch leads around the side and back to the newly stained deck (2024) and the large, flat, private, fully fenced yard with mature trees~Home sits on 1/3 of an acre with room to expand up or out~This home has been beautifully maintained and you can't beat the location for this price!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$10554
Bedrooms
3
Bathrooms
2
SQFT
2,139
Furnished
unknown
Year built
1959
Listing Status
Off Market
MLS
12091560

Short-term Rental Potential
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$32,388

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$278

Price/SQFT

Long-term Rental Potential
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$37,092

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,091/mo

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