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Algonquin 60102 Cardelli's River View Estates
1199 N River Road
$479,000
● House - Off Market

1199 N River Road

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,338 Ft²
$553,612
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Truly one of a kind! Beautiful, custom Cape Cod style home on the shores of the Fox River near Downtown Algonquin! Bring your boats and water toys! Enjoy ever-changing views right from your wrap around brick paver patio or simply relax at the end of a hard day! Gourmet kitchen features all Stainless Steel appliances, large center island with breakfast bar, and loads of counter and cabinet space for all your storage needs! First Floor master bedroom offers private ensuite bathroom and it's own view of the river! Tons of updated and hardwood flooring throughout! Spacious office shed offers a retreat away from home! This is the one you've been waiting for!
Unit Size
2,338 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$205
Property Type
House
Property Taxes
$797
HOA Dues
-
Year Built
1973

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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 #11088418)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
May 14, 2021 Listed by Four Seasons Realty, Inc. $479,000
Listed by Four Seasons Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 729
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,995
  • Total Building Area: 3,067
  • Building Area: 3,067
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,067
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ECHO WOODS ON THE FOX
  • Land Acres: 0000001079
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0043989 LT 1 ECHO WOODS ON THE FOX

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871600

Geography

  • Parcel: 19-26-353-001
  • Block: 353
  • Lot: 1
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1717
  • Longitude: -88.2768

    Address

  • Full Address: 1199 N River Rd
  • Address - House Number: 1199
  • Street Direction: N
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R003
  • 4-Digit Zip Code: 2408
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,055,402
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 513,250
  • High Value: 590,345
  • Low Value: 436,154

    Market Valuation

  • Market Total Value: $387,198
  • Market Land Value: $123,150
  • Market Improvement Value: $264,048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,066
  • Assessed Land Value: $41,050
  • Assessed Improvements Value: $88,016

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0043989
  • Previous Sale Recording Date: Nov 15, 2010
  • Previous Sale Contract Date: Oct 19, 2010
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 20

    Financing

  • First Mortgage Financing Type: FIX
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 Cardelli's River View Estates

Stats & Trends

Median Asking:

$837,450

Sale Price/ft²

$176

Below Asking

0.02%

Average Days on Market

68

Average Home Size

5012 ft²

Average Home Age

33.5 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 1205 Glenmont Street, Algonquin, IL, 60102

$2,990 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
1205 Glenmont Street, Algonquin, IL, 60102 Listing by Yuriy Nydza

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Rusin, Four Seasons Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11088418
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 1199 North River Road built and last sold?
The property at 1199 North River Road was built in 1973 and last sold on Aug 3, 2021 for $479,000.
How much is this home worth?
The estimated value of the home located at 1199 North River Road is $0.
What are some comparable homes to 1199 North River Road?
There are currently no comparable homes to 1199 North River Road.
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