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Elgin 60123 Southwest Elgin
1254 SYCAMORE Street
$278,500
● House - Off Market

1254 SYCAMORE Street

ELGIN, IL 60123
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,723 Ft²
$452,852
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

BRAND NEW HVAC SYSTEM...SOUTH ELGIN SCHOOLS...THIS FABULOUS 2 STORY OFFERS IT ALL!!...SOARING CEILINGS, TWIN LANDING STAIRCASES, AND BRIGHT LIGHT SHINING THROUGHOUT!...4 SPACIOUS BEDROOMS; FEATURING ONE ON THE MAIN FLOOR, 3 FULL BATHROOMS, AND A FULL SIZED LOFT WHICH OVERLOOKS THE DINING AND LIVING ROOM...MASTER SUITE FEATURES VAULTED CEILINGS, MASTER BATH WITH HIS AND HERS WALK IN CLOSETS, SEPARATE SHOWER, AND SOAKING TUB!...EXTRA LARGE FAMILY ROOM IS PERFECT FOR RELAXING...GOURMET KITCHEN WITH GRANITE COUNTERTOPS, ISLAND WITH BREAKFAST BAR, EATING AREA, AND CHEF STATION...FULL UNFINISHED BASEMENT READY FOR YOUR FINISHING TOUCHES...STEP OUT BACK TO ENJOY YOUR CUSTOM PAVER PATIO WITH FIRE PIT, POOL, AND SPACIOUS BACKYARD THAT BACKS UP TO OPEN AREA...ENJOY THE VIEWS!!...THERE'S NO PLACE LIKE HOME!!
Unit Size
2,723 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
$747
HOA Dues
$8
Year Built
1997

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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 #09603984)

Price History

Date / Event Date Event Price
Oct 6, 2017 Sold
Premium
Sold
Apr 23, 2017 Listed by HomeSmart Connect LLC $284,900
Listed by HomeSmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,542
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 4,400
  • Gross Building Area: 4,400
  • Building Area: 2,858
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,858
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODBRIDGE SOUTH
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WOODBRIDGE SOUTH PHASE 6 LOT 634

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851907

Geography

  • Subdivision Phase Number: 6
  • Parcel: 06-33-201-003
  • Lot: 634
  • Municipality: ELGIN
  • Latitude: 41.9996
  • Longitude: -88.3283

    Address

  • Full Address: 1254 Sycamore St
  • Address - House Number: 1254
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: R013
  • 4-Digit Zip Code: 4103
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,070,338
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 454,152
  • High Value: 525,087
  • Low Value: 383,217

    Market Valuation

  • Market Total Value: $388,466
  • Market Land Value: $79,439
  • Market Improvement Value: $309,028

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,437
  • Assessed Land Value: $26,469
  • Assessed Improvements Value: $102,968

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2017
  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K055013
  • Previous Sale Recording Date: Sep 19, 2001
  • Previous Sale Contract Date: Aug 31, 2001
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Southwest Elgin

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2000 ft²

Average Home Age

67.2 years

Currently For Sale

15 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

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MRED

Listed by: , HomeSmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09603984
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 1254 Sycamore Street built and last sold?
The property at 1254 Sycamore Street was built in 1997 and last sold on Aug 2, 2017 for $276,500.
How much is this home worth?
The estimated value of the home located at 1254 Sycamore Street is $0.
What are some comparable homes to 1254 Sycamore Street?
There are currently no comparable homes to 1254 Sycamore Street.
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