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Kane 60124
11N999 Almora Terrace
$285,000
● House - Off Market

11N999 Almora Terrace

Elgin, IL 60124
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,337 Ft²
$292,562
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

ORIGINAL OWNER'S brick ranch on gorgeous 2/3 acre lot in Almora Heights! Beautiful hardwood flooring in living room, dining room, kitchen & 3rd BR! Custom built-in bookshelf in large living room. Oak cabinetry & granite c-tops in kitchen. Skylites in kitchen & main bath! Finished basement features family room, 4th & 5th bedrooms, large storage closets & laundry room-storage/workshop. Enjoy the outdoors on 20x13 rear screened porch! No skimping on the garage size either... it measures 24'x22'!
Unit Size
1,337 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$209
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1960

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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 #11682603)

Price History

Date / Event Date Event Price
Feb 10, 2023 Sold
Premium
Sold
Dec 3, 2022 Listed by RE/MAX Horizon $280,000
Listed by RE/MAX Horizon

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,337
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,875
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,674
  • Gross Building Area: 2,674
  • Building Area: 1,337
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,337
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALMORA HEIGHTS
  • Land Acres: 0000000663
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: ALMORA HEIGHTS 3RD ADDN LOT 6 BLOCK 5

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851904

Geography

  • Parcel: 06-17-227-001
  • Block: 5
  • Lot: 6
  • Municipality: ELGIN
  • Latitude: 42.0433
  • Longitude: -88.3447

    Address

  • Full Address: 11n999 Almora Ter
  • Address - House Number: 11n999
  • Address - Street Name: Almora
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Elgin
  • Carrier Code: R028
  • 4-Digit Zip Code: 4705
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $508,554
  • Tax Rate Code Area: EL008

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 302,455
  • High Value: 349,371
  • Low Value: 255,538

    Market Valuation

  • Market Total Value: $228,472
  • Market Land Value: $64,601
  • Market Improvement Value: $163,872

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,127
  • Assessed Land Value: $21,525
  • Assessed Improvements Value: $54,602

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4680
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 Kane

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2412 ft²

Average Home Age

32.7 years

Currently For Sale

878 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 801 N Mclean Boulevard, Elgin, IL, 60123

$2,685 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
801 N Mclean Boulevard #146, Elgin, IL, 60123 Listing by Ryan Widerberg

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brian Knott, RE/MAX Horizon
Last Updated: 3 years ago
Data Source: MRED, MLS# 11682603
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 11N999 Almora Terrace built and last sold?
The property at 11N999 Almora Terrace was built in 1960 and last sold on Feb 10, 2023 for $285,000.
How much is this home worth?
The estimated value of the home located at 11N999 Almora Terrace is $283,721.
What are some comparable homes to 11N999 Almora Terrace?
There are currently no comparable homes to 11N999 Almora Terrace.
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