$540,000
●
Land -
Off Market
10215 N River Road
Algonquin, IL 60102
Studio
0 Bath
$613,289
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Amazing opportunity to build your dream home in Barrington Hills!!
5 acres of riverfront land with over 340 feet of frontage on
the Fox River! Partially cleared, partially wooded, flat and
ready for your plans. Gas and electric to the site.
Conservation land across the river, so your view should
remain naturally beautiful! Property does not have floodplain
status. This is your opportunity to live in your vacation
home, seven days a week! If you build it, the memorable
moments will come and keep coming. Mere minutes to the
historic Algonquin retail district. Great restaurants and
boutiques within minutes of this wonderful property. The
water is calling, you just have to be here to answer it.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$849
HOA Dues
-
Year Built
1942
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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 #10768840)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2021 | Sold | ||
| Sold | |||
| Jul 2, 2020 | No longer available | - | |
| No longer available | |||
| Jul 1, 2020 | Listed by RE/MAX of Barrington | $550,000 | |
| Listed by RE/MAX of Barrington | |||
| Jan 9, 2020 | Listed | $550,000 | |
| Listed | |||
| | |||
|
Amazing opportunity to build your dream home in Barrington Hills!! 5 acres of riverfront land with over 340 feet of frontage on the Fox River! Partially cleared, partially wooded, flat and ready for your plans. Gas and electric to the site. Conservation land across the river, so your view should remain naturally beautiful! Property does not have floodplain status. This is your opportunity to live in your vacation home, seven days a week! If you build it, the memorable moments will come and keep coming. Mere minutes to the historic Algonquin retail district. Great restaurants and boutiques within minutes of this wonderful property. The water is calling, you just have to be here to answer it.
| |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Cedar Cove
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Listed by: Tyrone Barton, RE/MAX of Barrington
Last Updated: 3 years ago
Data Source: MRED, MLS# 10768840
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# 10768840
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