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Algonquin 60102
1105 SPRING HILL Drive
$604,000
● House - Off Market

1105 SPRING HILL Drive

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,520 Ft²
$3,575
Est. Monthly
Unit Size
2,520 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$230
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,223
  • Garage Type: 1
  • Garage Square Area: 592
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,428
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 930
  • Total Building Area: 4,417
  • Gross Building Area: 4,417
  • Building Area: 2,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,602
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GASLIGHT WEST
  • Land Acres: 0000000423
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 72 GASLIGHT TERRACE WEST UNIT 3 SUBDIVISION: GASLIGHT WEST RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-04-103-003
  • Lot: 72
  • Municipality: DUNDEE
  • Latitude: 42.1517
  • Longitude: -88.3103

    Address

  • Full Address: 1105 Spring Hill Dr
  • Legal Unit: 3
  • Address - House Number: 1105
  • Address - Street Name: Spring Hill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C007
  • 4-Digit Zip Code: 3227
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $815,460
  • Tax Rate Code Area: DU019

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 415,507
  • High Value: 479,635
  • Low Value: 351,378

    Market Valuation

  • Market Total Value: $310,855
  • Market Land Value: $68,124
  • Market Improvement Value: $242,731

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,577
  • Assessed Land Value: $22,699
  • Assessed Improvements Value: $80,878

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K092741
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 Algonquin

Stats & Trends

Median Asking:

$424,990

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2485 ft²

Average Home Age

22.8 years

Currently For Sale

49 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 10 Arrowhead Drive, Algonquin, IL, 60102

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
10 Arrowhead Drive #5, Algonquin, IL, 60102 Listing by Jaime Silva
Unit for rent at 2800 E Bridleway Court, Carpentersville, IL, 60110

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,829 ft²
2800 E Bridleway Court, Carpentersville, IL, 60110 Listing by Rutul Parekh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michelle Buckun, Results Realty USA
Data Source: MRED, MLS# MRD12562160
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 1105 Spring Hill Drive built and last sold?
The property at 1105 Spring Hill Drive was built in 1986 and last sold on Nov 16, 2021 for $312,500.
How much is this home worth?
The estimated value of the home located at 1105 Spring Hill Drive is $559,025.
What are some comparable homes to 1105 Spring Hill Drive?
There are currently no comparable homes to 1105 Spring Hill Drive.
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