$285,000
●
House -
Off Market
1010 Thornewood Lane
Algonquin, IL 60102
3 Beds
2 Baths,
1
Half Bath
2,202 Ft²
$297,186
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
TERRIFIC POTENTIAL in This 2 Story 3 Bedroom Home that is on the
East Side of Algonquin in Spring Creek Farms! Close to Shopping &
Restaurants! Brick Paver Walkway to Front Door! Nice Size Living
Room Opens to Dining Room! Kitchen with Large Eat-In Area
with Space to Expand! Large Family Room with Fireplace! Large
Master Bedroom! Updated FULL Bathroom with Double Sink Granite
Vanity, NEW Faucets, Toilet, Tiled Bath with Custom Shower/Tub
Surround & Floors! Laundry on 2nd Floor! Large 2nd Bedroom Plus 3rd
Bedroom! Pella Windows & Anderson Sliding Glass Door! Large Yard
with Large Deck! All Fenced Yard! 2 Blocks to Park! HOME NEEDS WORK
& UPDATING THROUGhOUT! SO MANY POSSIBILITIES! PLEASE NOTE HOME IS
BEING SOLD AS-IS!
Unit Size
2,202 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$134
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1986
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Cap Rate Calculator
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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 #11719423)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Keller Williams Success Realty | $294,900 | |
| Listed by Keller Williams Success Realty | |||
| May 12, 2019 | No longer available | - | |
| No longer available | |||
| Mar 9, 2019 | Listed | $225,000 | |
| Listed | |||
| | |||
|
ORIGINAL OWNERS! LOCATED IN SPRING CREEK FARMS IN ALGONQUIN, THIS 3 BEDROOM 2-STORY OFFERS GREAT CURB APPEAL WITH BRICK/ ALUMINUM EXTERIOR AND PROFESSIONALLY LANDSCAPED YARD. STEP INSIDE TO FIND CERAMIC TILE FOYER, FORMAL LIVING ROOM AND DINING ROOM, FULLY-APPLIANCED EAT-IN KITCHEN WITH CERAMIC TILE FLOORING HAS BEEN FRESHLY PAINTED AND HAS NEW PLANTATION BLINDS, FAMILY ROOM FIREPLACE WITH SLIDING GLASS DOORS TO DECK OVERLOOKING SPACIOUS BACKYARD, MASTER BEDROOM WITH SHARED BATH, CONVENIENT SECOND FLOOR LAUNDRY, PLUS SELLER CAN ACCOMMODATE A QUICK CLOSE. NEW FURNACE/CENTRAL AIR AND HWH 2013, PELLA WINDOWS/ANDERSON SLIDING GLASS DOOR. MAKE THIS YOUR NEW HOME! The manager has listed the unit size as 1725 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Spring Creek Farms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacqueline Reed, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11719423
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# 11719423
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