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Huntley 60142
12231 Cherry Hill Lane
$320,000
● House - Off Market

12231 Cherry Hill Lane

Huntley, IL 60142
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,299 Ft²
$1,980
Est. Monthly
$147
HOA / Fees
5.60%
Cap Rate

About This Property

LOVELY ESCANABA MODEL ON PREMIUM TREEN LINED LOT BACKING TO CONSERVATION AREA ~ KITCHEN WITH ISLAND ~ DINING ROOM WITH BAY WINDOW ~ SLIDING GLASS DOOR TO DECK WITH PERGOLA ~ PERFECT MASTER SUITE OVERLOOKING STUNNING LOT ~ NEW HOT WATER HEATER ~ NEWER FURNACE & CENTRAL AIR ~ SECONDS TO PRAIRIEVIEW LODGE ~ COME AND SEE WHAT THE DEL WEBB LIFESTYLE IS ALL ABOUT! LUXURY LIVING AWAITS YOU!
Unit Size
1,299 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$250
Property Type
House
Property Taxes
$237
HOA Dues
$147
Year Built
1999

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Cap Rate Calculator

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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 #12041944)

Price History

Date / Event Date Event Price
May 29, 2024 Sold
Premium
Sold
May 2, 2024 Listed by CENTURY 21 New Heritage $325,000
Listed by CENTURY 21 New Heritage

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,729
  • Gross Building Area: 1,829
  • Building Area: 1,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,277
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEL WEBB SUN CITY 03
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 16

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 850704

Geography

  • Parcel: 02-05-475-023
  • Lot: 16
  • Municipality: RUTLAND
  • Latitude: 42.14
  • Longitude: -88.4352

    Address

  • Full Address: 12231 Cherry Hill Ln
  • Address - House Number: 12231
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Huntley
  • Carrier Code: R013
  • 4-Digit Zip Code: 7438
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $284,542
  • Tax Rate Code Area: RU002

    Appraisal Valuation

  • Standard Deviation: 0.1384
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 317,848
  • High Value: 361,859
  • Low Value: 273,836

    Market Valuation

  • Market Total Value: $228,043
  • Market Land Value: $73,355
  • Market Improvement Value: $154,688

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,984
  • Assessed Land Value: $24,442
  • Assessed Improvements Value: $51,542

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 19, 1999
  • Current Sale Recording Date: Jul 28, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1999K074093
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 Huntley

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2202 ft²

Average Home Age

17.1 years

Currently For Sale

110 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 11808 W Coral Street, Huntley, IL, 60142

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 774 ft²
11808 W Coral Street #4B, Huntley, IL, 60142 Listing by Brian Overheidt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lora Mahnke, CENTURY 21 New Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 12041944
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 12231 Cherry Hill Lane built and last sold?
The property at 12231 Cherry Hill Lane was built in 1999 and last sold on Jul 19, 1999 for $171,500.
How much is this home worth?
The estimated value of the home located at 12231 Cherry Hill Lane is $0.
What are some comparable homes to 12231 Cherry Hill Lane?
There are currently no comparable homes to 12231 Cherry Hill Lane.
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