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Huntley 60142
12244 Ferris Lane
$480,000
● House - Off Market

12244 Ferris Lane

Huntley, IL 60142
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,057 Ft²
$3,320
Est. Monthly
$65
HOA / Fees
6.33%
Cap Rate

About This Property

Welcome home to the desirable Weston model in Talamore's clubhouse community! This 2900 sqft gem offers a fantastic open floor plan, beautiful hardwood floors, a cozy fireplace, and an upgraded eat-in kitchen. With four bedrooms, an office, a 3-car garage, and a spacious basement, this move-in ready home in Talamore also boasts a large deck for entertaining and is part of a vibrant community with amenities like a clubhouse, fitness room, tennis courts, and more!
Unit Size
3,057 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$162
Property Type
House
Property Taxes
$824
HOA Dues
$65
Year Built
-

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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 #11947714)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Dec 15, 2023 Listed by Xhomes Realty Inc $495,000
Listed by Xhomes Realty Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,100
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TALAMORE POD 1
  • Land Acres: 0000000208
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2018R0044020 LT 86 TALAMORE POD 1

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871502

Geography

  • Parcel: 18-17-428-015
  • Lot: 86
  • Municipality: GRAFTON TWP
  • Latitude: 42.2009
  • Longitude: -88.4338

    Address

  • Full Address: 12244 Ferris Ln
  • Address - House Number: 12244
  • Address - Street Name: Ferris
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Huntley
  • Carrier Code: R004
  • 4-Digit Zip Code: 0048
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $988,616
  • Tax Rate Code Area: 18082

    Appraisal Valuation

  • Standard Deviation: 0.0962
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 481,960
  • High Value: 528,347
  • Low Value: 435,573

    Market Valuation

  • Market Total Value: $388,623
  • Market Land Value: $45,726
  • Market Improvement Value: $342,897

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,541
  • Assessed Land Value: $15,242
  • Assessed Improvements Value: $114,299

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018R0044020
  • Previous Sale Recording Date: Feb 25, 2016
  • Previous Sale Contract Date: Feb 25, 2016
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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

45

Average Home Size

2185 ft²

Average Home Age

17.3 years

Currently For Sale

107 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 9482 Inverness Drive, Huntley, IL, 60142

$3,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,475 ft²
9482 Inverness Drive, Huntley, IL, 60142 Listing by Jason Giambarberee

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Aurica Burduja, Xhomes Realty Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11947714
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 12244 Ferris Lane built and last sold?
The property at 12244 Ferris Lane was built in and last sold on Dec 6, 2018 for $340,000.
How much is this home worth?
The estimated value of the home located at 12244 Ferris Lane is $0.
What are some comparable homes to 12244 Ferris Lane?
There are currently no comparable homes to 12244 Ferris Lane.
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