$599,000
●
House -
Off Market
112 ELLIS Road
Algonquin, IL 60102
5 Beds
4 Baths,
1
Half Bath
3,243 Ft²
$3,030
Est. Monthly
$40
HOA / Fees
8.59%
Cap Rate
About This Property
Lot 145 YOUR HOME IS BEING BUILT NOW & STILL TIME TO PICK
YOUR COLORS! 5 BEDROOM OPTION * 3 CAR GARAGE * WESTVIEW CROSSING *
Top Rated Huntley District 158 Schools walking distance to Square
Barn Road Campus Schools * "Everything's included" Quartz counters
* Upgraded 42" kitchen cabinets & flooring * Stainless steel
appliances * 9 ft ceilings *THIS 2 STORY SEQUOIA FLOOR PLAN EXUDES
LUXURY, TWO OWNER SUITES, ONE ON EACH LEVEL, KITCHEN DESIGNED FOR
COOKS WITH SKILLS OF ALL LEVELS WITH BUTLERS PANTRY, KITCHEN
OVERLOOKING BREAKFAST ROOM & FAMILY ROOM. FORMAL DINING ROOM,
DELUXE SHOWER BATH OPTION, 2ND FLOOR OWNERS SUITE PLUS 3 BEDROOMS *
JACK & JILL STYLE BATHROOM, 2ND FLOOR LAUNDRY WITH TUB & FAUCET * 3
CAR GARAGE AND BASEMENT 10 Year Builder Limited Warranty * Prime
location two miles east of Randall Road Corridor & Algonquin
Commons Shopping Center. Charming Downtown Algonquin with
riverfront parks & fishing * Pictures are of previously built home
exterior rendering is for reference only *The listing broker is not
affiliated with the Builder's Preferred Lender.
Unit Size
3,243 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
-
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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 #12014043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| May 27, 2024 | No longer available | - | |
| No longer available | |||
| Apr 19, 2024 | Listed by Lennar | $606,881 | |
| Listed by Lennar | |||
| | |||
|
This two-story home exudes luxury with dual owner's suites, one on each level. Each owner's suite is comprised of a spacious bedroom, a private bathroom and an oversized walk-in closet. The first floor showcases a formal dining room near the foyer and an open design among the kitchen, breakfast room and family room with double-height ceilings. On the top floor are two secondary bedrooms with walk-in closets and a shared Jack-and-Jill style bathroom. The manager has listed the unit size as 3243 square feet.
| |||
| Mar 26, 2024 | Listed by Baird & Warner | $608,881 | |
| Listed by Baird & Warner | |||
Property Highlights
Air Conditioning
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About Sumner Glen
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Listed by: Jennifer Olson Jones, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 12014043
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12014043
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