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Crystal Lake 60014 Four Colonies
1062 Abbey Drive
$285,000
● House - Off Market

1062 Abbey Drive

Crystal Lake, IL 60014
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,479 Ft²
$286,706
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Great Ascot is waiting for you! You will love walking in to the vaulted living room that is brightened with plenty of windows! There's a wonderful dining room for family dinners. The kitchen is perfect with lots of cabinets and even a pantry! The kitchen opens to the spacious family room where all can relax! The sliders lead to a beautiful patio and board on board fenced yard! There's even a sandy spot just right for a wading pool in the summers! Upstairs are 3 bedrooms, the large primary bedroom has a walk in closet and the secondary bedrooms are just right! There's a brand new sump pump and the flooring is only a couple years old. This is a great, easy living home! We don't know of anything wrong, but selling as is. Professional pictures coming.
Unit Size
1,479 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$192
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1983

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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 #11767383)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 25, 2023 Listed by RE/MAX Suburban $284,500
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,440
  • Total Building Area: 1,657
  • Building Area: 1,479
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,479
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOUR COLONIES UNIT 6
  • Land Acres: 0000000217
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2015R0003442 LT 99 FOUR COLONIES UNIT 6

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871105

Geography

  • Parcel: 18-12-429-031
  • Block: 429
  • Lot: 99
  • Municipality: GRAFTON TWP
  • Latitude: 42.2161
  • Longitude: -88.3605

    Address

  • Full Address: 1062 Abbey Dr
  • Legal Unit: 6
  • Address - House Number: 1062
  • Address - Street Name: Abbey
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: C020
  • 4-Digit Zip Code: 8304
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $622,642
  • Tax Rate Code Area: 18010

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 281,284
  • High Value: 308,640
  • Low Value: 253,927

    Market Valuation

  • Market Total Value: $217,131
  • Market Land Value: $20,577
  • Market Improvement Value: $196,554

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,377
  • Assessed Land Value: $6,859
  • Assessed Improvements Value: $65,518

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13163
  • Previous Sale Recording Date: Jun 12, 2014
  • Previous Sale Contract Date: May 02, 2014
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Four Colonies

Stats & Trends

Median Asking:

$364,000

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2209 ft²

Average Home Age

38.4 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 303 Lee Court, Crystal Lake, IL, 60014

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
303 Lee Court, Crystal Lake, IL, 60014 Listing by Sandra DePaul
Unit for rent at 627 Chardonnay Lane, Crystal Lake, IL, 60014

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
627 Chardonnay Lane #627, Crystal Lake, IL, 60014 Listing by Tracy Stella

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marj Carpenter, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11767383
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.

Frequently Asked Questions

When was property at 1062 Abbey Drive built and last sold?
The property at 1062 Abbey Drive was built in 1983 and last sold on May 31, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 1062 Abbey Drive is $286,929.
What are some comparable homes to 1062 Abbey Drive?
There are currently no comparable homes to 1062 Abbey Drive.
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