Fully renovated house in Sleepy Hollow

[Bruce Jibboo]

Spent a solid chunk of last year renovating this beast.

35 year architecture roof to the brand new asphalt drive and concrete walk ways.. Just lowered the price 10k so come get it. Huge 2.5 car deep garage. 90 seconds from 90/randall. $5k taxes

https://www.redfin.com/IL/Sleepy-Hollow/114-Hilltop-Ln-60118/home/17023518

Click to read more...

 

[Gav'sPurpleZ]

shared septic..... can you elaborate ?

 

[Bruce Jibboo]

As much as I know and have learned about construction I really don't know how to answer that. It has city water and a normal main sewer pipe going towards the front. Zero issues plumbing issues for the last 5 years. Only vacant as of 03/18, was rented to in-laws prior.

 

[Gav'sPurpleZ]

I will send you a PM....... I wouldnt mind walking through it.

 

[10sec]

How much for rent?

 

[daturbosix]

flip house?

 

[Bruce Jibboo]

It was a foreclosure the wife bought then rented it out to her family for 3 years (in that condition). I bought it from her (were not legally married) to then flip it, but the amount of time/money I put in with these price drops isn't leaving much profit. The guy DIRECTLY next door paid $253k for the same sqft/bedrooms/bath and was a full renovation hes still working on years later. The other neighbor close by wants $289k without major updates.

Very close to renting it out.. there wont' be any more price drops.. $1750ish should rent out this brand new house all day.

 

[willizm]

What do you think you'd rent it out for in that area? The general rule is 1% of property sale price or greater makes for a good rental. So if it's 250k would you be able to make $2500/month for rent? Tax, insurance, mortgage all factor in of course.

Great looking house btw. I like what you did with it.

 

[Bruce Jibboo]

Called the village and there is no such thing as a shared septic in Sleepy Hollow.. its sewer or septic and this one is septic with no issues.

You can only wonder how many buyers might have been turned away by that but its being fixed in the MLS now.

 

[Bruce Jibboo]

What do you think you'd rent it out for in that area? The general rule is 1% of property sale price or greater makes for a good rental. So if it's 250k would you be able to make $2500/month for rent? Tax, insurance, mortgage all factor in of course.

Great looking house btw. I like what you did with it.

1750-2200 is my guess on rent but I very well may be relocating to the Lake Tahoe area still yet. I almost wanted to move to this house and sell mine vacant but I would be epic upset every single day it didn't sell and sat there at that tax rate. It's golf cart and pool season now so when it does go on the market (maybe next spring) I'll be living in it with kids and dogs and all.

 

[Bruce Jibboo]

posted in many of the garage sale fb groups and at least getting the views now.. Redfins marketing wasn't doing shit, those email fb ads, app aren't increasing, only views.

 

[Gav'sPurpleZ]

how "large" is the 2.5 car garage ?
i've had my hopes set on 3 cars but some of the cookie cutter subdivisions feel that everyone drives a micro machine

 

[Bruce Jibboo]

I will have to measure but my alumunim car trailer is in their plus 2' extra in depth. An offer already came in.. I have a feeling he may accept my counter because he already wants the riding mower included.. mentioned my aluminum car hauler in their too

 

[Fish]

Damn, if we were in order, Id be sure my wife would give you asking. LOL. Sorry. GLWS.

 

[Bruce Jibboo]

offers are coming in close and showings are scheduled so hoping for the best as well.

 

[Ti28]

And no pictures of garage... That shit is super important.

 

[Bruce Jibboo]

agent chose pics

 

[Ti28]

And they are dumb!

 

[Gav'sPurpleZ]

And no pictures of garage... That shit is super important.

No one ever posts pictures of the garage

 

[Bruce Jibboo]

same with basements too, unless semi or finished.

 

[Bruce Jibboo]

Little bit of fb garage sale group marketing did the trick.. have one formal offer I'm entertaining but lots of showings scheduled anyone showing up unrepresented (no buyers agent, but my agent will do the walk through) will have the 1.5% savings I will pass on directly as the NET is the same to me vs any offer I get that has a buyers agent.

 

[Ti28]

No one ever posts pictures of the garage

I know, and it's bullshit. I was just look at a house in TN on 30 acers with a 30x40 attached and zero pictures!