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Northbrook 60062
1250 HIGH POINT Lane
$450,000
● House - Off Market

1250 HIGH POINT Lane

NORTHBROOK, IL 60062
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,728 Ft²
$774,776
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

GREAT LOCATION! WELL MAINTAINED 3BR 2 1/2 BATH HOME WITH A MASTER BATH FEATURES 2 FIREPLACES, AN INDOOR BBQ GRILL, FAMILY ROOM, AND A LOWER LEVEL RECREATION ROOM WITH A WET BAR. THIS HOME IS NICELY LANDSCAPED WITH A PATIO AND UNDERGROUND SPRINKLER SYSTEM. CLEAN MOVE-IN CONDITION OR BRING YOUR IDEAS AND UPDATE. FURNACE & HOT WATER HEATER ARE 2 YRS OLD.   HOME WARRANTY IS INCLUDED.  Underground sprinkler system in as-is condition.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
-
Price per sqft
$277
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1965

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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 #09565870)

Price History

Date / Event Date Event Price
May 10, 2017 Sold
Premium
Sold
Mar 15, 2017 Listed by Berkshire Hathaway HomeServices KoenigRubloff $479,500
Listed by Berkshire Hathaway HomeServices KoenigRubloff

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,113
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: WHITE PLAINS UNIT3
  • Land Acres: 0000000301
  • Standard Land Use Code: 9000
  • County Land Use Code: EX
  • Legal Description 1: (WHITE)(PLAINS)(UNIT3) A SUB IN SEC 08-42-12

Neighborhood

  • School District Name: Northbrook Elementary School District 27
  • Census Tract: 801605

Geography

  • District: 25
  • Parcel: 04-08-414-001-0000
  • Block: 110
  • Lot: 1
  • Meridian: SEC 08 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1295
  • Longitude: -87.851

    Address

  • Full Address: 1250 Highpoint Ln
  • Legal Unit: 3
  • Address - House Number: 1250
  • Address - Street Name: Highpoint
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C038
  • 4-Digit Zip Code: 4381
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,094,798
  • Tax Rate Code Area: 25076

    Market Valuation

  • Market Total Value: $454,230
  • Market Land Value: $150,790
  • Market Improvement Value: $303,440

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: May 10, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1713604032
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 Northbrook

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

45

Average Home Size

3094 ft²

Average Home Age

38.8 years

Currently For Sale

63 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 153 Pointe Drive, Northbrook, IL, 60062

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,656 ft²
153 Pointe Drive #2201, Northbrook, IL, 60062 Listing by Oksana Chura

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Berkshire Hathaway HomeServices KoenigRubloff
Last Updated: 3 years ago
Data Source: MRED, MLS# 09565870
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 1250 High Point Lane built and last sold?
The property at 1250 High Point Lane was built in 1965 and last sold on May 10, 2017 for $450,000.
How much is this home worth?
The estimated value of the home located at 1250 High Point Lane is $0.
What are some comparable homes to 1250 High Point Lane?
There are currently no comparable homes to 1250 High Point Lane.
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