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Huntley 60142 Coves of Covington Lakes
11302 Edinburgh Lane
$385,000
● House - Off Market

11302 Edinburgh Lane

Huntley, IL 60142
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,213 Ft²
$383,657
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Come check out these views! This home in Covington Lakes subdivision boasts close to 3400SqFt of finished living space including the finished basement! With no immediate neighbors on one side, and backing to a large pond to the rear, you can start to imagine your peaceful nights on the brick paver patio. The kitchen not only has great water views and natural light but has an island and large eat-in area overlooking the family room. The master suite features a walk-in closet and its own private bath.  Need more space? This home also has a finished basement with a full bath. Beautiful Landscaping surrounds this home. New Furnace 2022. Roof was also a full tear off in 2014. Minutes away from District 158 Reed Rd Campus, New Centegra Hospital, and Downtown Huntley.
Unit Size
2,213 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$169
Property Type
House
Property Taxes
$655
HOA Dues
$25
Year Built
2005

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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 #11426740)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Keller Williams Experience $375,000
Listed by Keller Williams Experience

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,082
  • Garage Type: 7
  • Garage Square Area: 426
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,420
  • Total Building Area: 3,417
  • Building Area: 3,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,295
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE COVES OF COVINGTON LAKES PHASE 5
  • Land Acres: 0000000193
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0027100 LT 295 THE COVES OF COVINGTON LAKES PHASE 5 MEMO: GOEBBERT, KATHLEEN M/ MCINTIRE, SARAH

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871110

Geography

  • Subdivision Phase Number: 5
  • Parcel: 18-21-276-004
  • Lot: 295
  • Municipality: GRAFTON TWP
  • Latitude: 42.1935
  • Longitude: -88.4167

    Address

  • Full Address: 11302 Edinburgh Ln
  • Address - House Number: 11302
  • Address - Street Name: Edinburgh
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Huntley
  • Carrier Code: R019
  • 4-Digit Zip Code: 2414
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $810,196
  • Tax Rate Code Area: 18070

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 411,294
  • High Value: 477,631
  • Low Value: 344,957

    Market Valuation

  • Market Total Value: $321,735
  • Market Land Value: $32,007
  • Market Improvement Value: $289,728

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,245
  • Assessed Land Value: $10,669
  • Assessed Improvements Value: $96,576

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27100
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Contract Date: Mar 28, 2016
  • Previous Sale Amount: $274,000
  • 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 Coves of Covington Lakes

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$174

Above Asking

0.00%

Average Days on Market

41

Average Home Size

2713 ft²

Average Home Age

21 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 9482 Inverness Drive, Huntley, IL, 60142

$3,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,475 ft²
9482 Inverness Drive, Huntley, IL, 60142 Listing by Jason Giambarberee
Unit for rent at 11113 S Myrtle Street, Huntley, IL, 60142

$3,300 /mo

  • 3 Beds
  • 3 Baths
  • 2,803 ft²
11113 S Myrtle Street, Huntley, IL, 60142 Listing by Anna Coleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joseph Enzbigilis, Keller Williams Experience
Last Updated: 3 years ago
Data Source: MRED, MLS# 11426740
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 11302 Edinburgh Lane built and last sold?
The property at 11302 Edinburgh Lane was built in 2005 and last sold on Jul 26, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 11302 Edinburgh Lane is $378,750.
What are some comparable homes to 11302 Edinburgh Lane?
There are currently no comparable homes to 11302 Edinburgh Lane.
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