296 SHARON DR

BARRINGTON, IL 60010
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3 bd, 3 ba | 1,800 sqft | Built in 1970

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List Price
$559,000

Initial Investment

$152,328

Purchase Price

$559,000

Down Payment

25%

Rent

$3,130

Total Return

$39,606

Annualized Return

4.0%

Cap Rate

3.0%

Gross Yield

6.7%

Cash Flow

-$15,210

Appreciation

3.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,291

HOA

None

Flood Risk

Not Required

Bright & spacious all brick ranch home set on a quiet tree lined street in a great Barrington Village location. Freshly painted throughout with refinished hardwood floors and beautiful updates, this home is completely turnkey! Gorgeous kitchen with granite counters & white cabinetry opens to the eating area with views of the sprawling rear yard! Large family room with bayed window area is a great gathering space and the living room offers additional entertaining space or use as a home office. This 4 bed, 3 full bath home offers tons of space for friends and family! Full finished lower level has so much flexible extra living space to enjoy including huge rec and game rooms, exercise area, 4th bedroom, full bath and laundry room! Big backyard with paver patio offers plenty of options for play, sports and gardening! Wonderful location near town, train, schools and parks! Welcome home!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$35,682

Expenses

-$6,351

Property Taxes

-$14,150

Loan Payments

-$30,390

Net Cash Flow

-$15,210

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:John Morrison
Agent License 471000101
@properties Christie's International Real Estate
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12298306
Last Updated: 02/25/2025 19:02
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