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Fox Lake 60020 Eagle Point Heights
108 Bay Road
$111,000
● House - Off Market

108 Bay Road

Fox Lake, IL 60020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,560 Ft²
$115,461
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Channel front ranch with Chain of lakes access to Pistakee Lake!! 65 ft of Channel frontage.  Great waterfront value!!  Nice starter home with large kitchen, and 2car garage converted to family room or den with workshop, could be returned to garage status.  This home has real hardwood floors in living space and 2 bedrooms .  Comes with appliances as they exist. This home was recently occupied but is being sold as is. Needs paint and flooring touch up, but otherwise is in good shape.  Newer roof (2020). Nice vinyl siding.  Spacious fenced in back yard!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$64
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11123004)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Premium
Sold
Jun 14, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $99,900
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE POINT HEIGHTS SUB
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: EAGLE POINT HEIGHTS SUB LOT 85

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860908

Geography

  • Assessors Map Reference: 2472-E4
  • District: GRANT
  • Parcel: 05-09-408-009
  • Lot: 85
  • Municipality: TWP OF GRANT
  • Latitude: 42.3891
  • Longitude: -88.1862

    Address

  • Full Address: 108 Bay Rd
  • Address - House Number: 108
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: C001
  • 4-Digit Zip Code: 1762
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $334,076
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 192,637
  • High Value: 229,355
  • Low Value: 155,918

    Market Valuation

  • Market Total Value: $144,027
  • Market Land Value: $25,908
  • Market Improvement Value: $118,119

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,004
  • Assessed Land Value: $8,635
  • Assessed Improvements Value: $39,369

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 7813168
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 Eagle Point Heights

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$226

Above Asking

0.00%

Average Days on Market

29

Average Home Size

960 ft²

Average Home Age

35 years

Currently For Sale

1 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

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MRED

Listed by: Jean Carlson, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11123004
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 108 Bay Road built and last sold?
The property at 108 Bay Road was built in 1948 and last sold on Jul 28, 2021 for $111,000.
How much is this home worth?
The estimated value of the home located at 108 Bay Road is $0.
What are some comparable homes to 108 Bay Road?
There are currently no comparable homes to 108 Bay Road.
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