9508 Prairie Edge Rd

Wonder Lake, IL 60097
image0

4 bd, 4 ba | 4,195 sqft | Built in 2005

slider image
slider image
slider image
List Price
$409,900

Initial Investment

$111,698

Purchase Price

$409,900

Down Payment

25%

Rent

$3,690

Total Return

$209,500

Annualized Return

22.0%

Cap Rate

4.0%

Gross Yield

10.8%

Cash Flow

-$7,414

Appreciation

10.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Discover the perfect blend of elegance and comfort in this stunning 4-bedroom, 3.5-bath, two-story home, boasting an impressive 4,195 square feet of living space, and an extra deep 3-car garage. The heart of the home is the spacious kitchen, featuring extended-height maple cabinets, an island, a deep double sink, modern stainless steel appliances, and solid surface countertops, all complemented by new vinyl plank flooring. This flooring, along with the upstairs carpet (except for the primary suite), is brand new as of 2024. The first floor showcases beautiful bamboo flooring that flows seamlessly through the front room, living room, hallway, and dining room. Upstairs, you'll find a generous great room with plush carpeting, perfect for relaxation and entertainment. The master suite serves as a true retreat, offering a luxurious master bath with extended-height maple cabinets, dual sinks, a separate shower, and a soothing Jacuzzi tub, along with a large walk-in closet featuring a custom wood closet system. All three guest bedrooms are conveniently located near the full guest bathroom and are generously sized, with two of them including walk-in closets. The finished lower level adds even more value, featuring a game room, a spacious recreation room, a bonus room, and a full bathroom. This home also boasts a new roof installed in 2020. Step outside to enjoy a large paver patio, ideal for gatherings, and enjoy summer days by the 24-foot round above-ground pool with a deck, making this residence an entertainer's dream! Situated next to Woods Creek Park and SunBerry Orchard, this home offers stunning views of the orchard right from the backyard!

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

Annual Financial Highlights

Expected Rent

$42,066

Expenses

-$8,246

Property Taxes

-$18,950

Loan Payments

-$22,284

Net Cash Flow

-$7,414

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.

Similar Listings



Listing Courtesy of:Justin Smith
Agent License 475168898
Century 21 Affiliated - Rockford
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12213517
Last Updated: 11/20/2024 05:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.