$410,000
●
House -
Off Market
1220 Navy Court
Elgin, IL 60123
4 Beds
3 Baths,
1
Half Bath
2,430 Ft²
$2,761
Est. Monthly
$14
HOA / Fees
7.82%
Cap Rate
About This Property
*MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY 9PM ON 2/18,
DECISION WILL BE MADE ON 2/19. OH ON 2/18 CANCELLED, WILL ALLOW
INDIVIDUAL SHOWINGS ON 2/18* Beautiful corner lot home available in
the Willow Bay subdivision of Elgin! Located perfectly near Randall
Rd, this updated home certainly has it all! From an open concept
kitchen and family room, to a huge backyard that wraps around the
side of the house, this house is built for entertaining! What's
even better than the amazing location of this fantastic 4 bed, 2.1
bath home? The EXTENSIVE list of updates! Just to highlight a few
major updates, there is a Newer HVAC system in 2022, Newer Roof and
Gutters in 2022, Newer kitchen appliances in 2020, Window Panes
replaced in 2020, Exterior house painted 2021, and newer Carpet and
Vinyl in various rooms of the home! This is just SOME of the
updates to the home. To see a full detailed list of the home
updates, please see the document in additional info tab!
Unit Size
2,430 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
$788
HOA Dues
$14
Year Built
1998
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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 #11981441)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | No longer available | - | |
| No longer available | |||
| Feb 14, 2024 | Listed by Fulton Grace Realty | $399,000 | |
| Listed by Fulton Grace Realty | |||
| Nov 9, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Re/Max Destiny | $399,000 | |
| Listed by Re/Max Destiny | |||
| | |||
|
**MULTIPLE OFFERS RECEIVED HIGHEST AND BEST BY 11/6 AT 9PM** Beautiful corner lot home available in the Willow Bay subdivision of Elgin! Located perfectly near Randall Rd, this updated home certainly has it all! From an open concept kitchen and family room, to a huge backyard that wraps around the side of the house, this house is built for entertaining! What's even better than the amazing location of this fantastic 4 bed, 2.1 bath home? The EXTENSIVE list of updates! Just to highlight a few major updates, there is a Newer HVAC system in 2022, Newer Roof and Gutters in 2022, Newer kitchen appliances in 2020, Window Panes replaced in 2020, Exterior house painted 2021, and newer Carpet and Vinyl in various rooms of the home! This is just SOME of the updates to the home. To see a full detailed list of the home updates, please see the document in additional info tab! The manager has listed the unit size as 2430 square feet.
| |||
Property Highlights
Air Conditioning
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 Southwest Elgin
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Listed by: Nico Verzillo, Fulton Grace Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11981441
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# 11981441
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