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Cary 60013 Cary Woods
107 Spring Street
$230,000
● House - Off Market

107 Spring Street

Cary, IL 60013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,534 Ft²
$220,705
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Downtown location-one block from Metra! Perfect location downtown Cary. Award winning Cary Schools. Owners have taken great care of the home. Updated Kitchen, Updated flooring, Updated bathroom. Move in and enjoy all of the owners hard work. Full basement has a lot of potential. Large yard, fully fenced in the back with a shed. Recently resealed driveway that leads to a two car detached garage. Need to work in the city and not live there? This is the home for you.
Unit Size
1,534 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1865

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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 #11348684)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by Coldwell Banker Real Estate Group $219,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 956
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,296
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 10
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG PLAT VILL OF CARY
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0021911 LT 2 BLK 4 ORIG PLAT VILL OF CARY

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871600

Geography

  • Parcel: 19-13-282-002
  • Block: 4
  • Lot: 2
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2075
  • Longitude: -88.241

    Address

  • Full Address: 107 Spring St
  • Address - House Number: 107
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cary
  • Carrier Code: C012
  • 4-Digit Zip Code: 2816
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $481,002
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 257,660
  • High Value: 315,614
  • Low Value: 199,706

    Market Valuation

  • Market Total Value: $172,107
  • Market Land Value: $52,725
  • Market Improvement Value: $119,382

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,369
  • Assessed Land Value: $17,575
  • Assessed Improvements Value: $39,794

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21911
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 15, 2012
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
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 Cary Woods

Stats & Trends

Median Asking:

$288,500

Sale Price/ft²

$157

Above Asking

0.00%

Average Days on Market

38

Average Home Size

1857 ft²

Average Home Age

21.5 years

Currently For Sale

0 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 352 Bristol Lane, Fox River Grove, IL, 60021

$3,600 /mo

  • 3 Beds
  • 3 Baths
  • 2,429 ft²
352 Bristol Lane, Fox River Grove, IL, 60021 Listing by Andrea Hebner
Unit for rent at 340 Cary-algonquin Road, Cary, IL, 60013

$1,445 /mo

  • 2 Beds
  • 1 Bath
  • 860 ft²
340 Cary-Algonquin Road #102, Cary, IL, 60013 Listing by Linda Dalrymple

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeffrey Padesky, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11348684
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 107 Spring Street built and last sold?
The property at 107 Spring Street was built in 1865 and last sold on May 11, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 107 Spring Street is $221,190.
What are some comparable homes to 107 Spring Street?
There are currently no comparable homes to 107 Spring Street.
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