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Pingree Grove 60140
1090 Clearwater Drive
$381,000
● House - Off Market

1090 Clearwater Drive

Pingree Grove, IL 60140
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,490 Ft²
$368,542
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

From the moment you enter you will be wowed with this beautiful move-in ready 4 bedroom home in Cambridge Lakes~Stunning kitchen with quartz countertops~Island~Breakfast bar~Walk-in pantry~Stainless steel appliances~Subway tiles~Cathedral ceiling in family room overlooks large backyard with stamped concrete patio & pergola~Gleaming wood laminate flooring throughout the home~First floor laundry~Spacious owner's suite with walk-in closet & large owner's bath~Unfinished basement for storage or finish for additional living space~Amenities abound in Cambridge Lakes with Community center~Exercie facility~Basketball court~Outdoor pool~Splash pad~Bike & walking trails~Baseball fields~Skate Parks~Ponds for fishing & kayaking.  This home is a 10+++  Quick close possible
Unit Size
2,490 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$760
HOA Dues
$78
Year Built
2012

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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 #11309530)

Price History

Date / Event Date Event Price
Feb 11, 2022 Sold
Premium
Sold
Jan 22, 2022 Listed by Century 21 Affiliated $350,000
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,256
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 4,166
  • Gross Building Area: 4,166
  • Building Area: 2,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,490
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE LAKES
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CAMBRIDGE LAKES UNIT 9 LT 992

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850710

Geography

  • Parcel: 02-29-455-028
  • Lot: 992
  • Municipality: RUTLAND
  • Latitude: 42.0827
  • Longitude: -88.4376

    Address

  • Full Address: 1090 Clearwater Dr
  • Legal Unit: 9
  • Address - House Number: 1090
  • Address - Street Name: Clearwater
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R009
  • 4-Digit Zip Code: 2080
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $951,678
  • Tax Rate Code Area: RU058

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 417,760
  • High Value: 481,162
  • Low Value: 354,359

    Market Valuation

  • Market Total Value: $329,739
  • Market Land Value: $77,014
  • Market Improvement Value: $252,725

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,869
  • Assessed Land Value: $25,661
  • Assessed Improvements Value: $84,208

    Sales

  • Current Sale Contract Date: Feb 09, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9359
  • Previous Sale Recording Date: Sep 27, 2012
  • Previous Sale Contract Date: Sep 14, 2012
  • Previous Sale Amount: $233,000
  • 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 Pingree Grove

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1959 ft²

Average Home Age

14.8 years

Currently For Sale

22 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: Aviva Beal, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11309530
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 1090 Clearwater Drive built and last sold?
The property at 1090 Clearwater Drive was built in 2012 and last sold on Feb 9, 2022 for $381,000.
How much is this home worth?
The estimated value of the home located at 1090 Clearwater Drive is $0.
What are some comparable homes to 1090 Clearwater Drive?
There are currently no comparable homes to 1090 Clearwater Drive.
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