$340,000
●
House -
Off Market
1174 Concord Drive
Elgin, IL 60120
3 Beds
2 Baths,
1
Half Bath
1,350 Ft²
$2,187
Est. Monthly
7.71%
Cap Rate
About This Property
Step into luxury and modernity in this completely updated
ranch-style home, where every detail has been meticulously crafted
to offer the pinnacle of comfort and style. This home has
undergone a transformation, boasting a brand-new roof that adds
both durability and aesthetic appeal to the exterior. New windows
throughout flood the interior with natural light, enhancing the
spaciousness and beauty of every room. Experience year-round
comfort with a new furnace and air conditioning system. But the
upgrades don't stop there-step outside into your own private oasis
with an above-ground pool, perfect for enjoying sunny days and
creating lasting memories with family and friends. From the
moment you enter, you'll be captivated by the seamless blend of
modern updates and timeless charm. Don't miss your chance to
experience the epitome of luxury living in this completely updated
ranch. Welcome Home!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$248
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1989
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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 #12070845)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| May 31, 2024 | Listed by Homesmart Connect LLC | $335,000 | |
| Listed by Homesmart Connect LLC | |||
| May 17, 2024 | Listed by HomeSmart Connect Real Estate | $350,000 | |
| Listed by HomeSmart Connect Real Estate | |||
| | |||
|
Step into luxury and modernity in this completely updated ranch-style home, where every detail has been meticulously crafted to offer the pinnacle of comfort and style. This home has undergone a transformation, boasting a brand-new roof that adds both durability and aesthetic appeal to the exterior. New windows throughout flood the interior with natural light, enhancing the spaciousness and beauty of every room. Experience year-round comfort with a new furnace and air conditioning system. But the upgrades don't stop there-step outside into your own private oasis with an above-ground pool, perfect for enjoying sunny days and creating lasting memories with family and friends. From the moment you enter, you'll be captivated by the seamless blend of modern updates and timeless charm. Don't miss your chance to experience the epitome of luxury living in this completely updated ranch. Welcome Home! The manager has listed the unit size as 1350 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southeast Elgin
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Listed by: Joanna Krzepkowska, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12070845
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# 12070845
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