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Elgin 60120 Southeast Elgin
1288 Sebring Circle
$430,000
● House - Off Market

1288 Sebring Circle

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,597
Est. Monthly
$5
HOA / Fees
5.62%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$480
HOA Dues
$5
Year Built
1992

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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 9,520
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY BROOK NORTH
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: PART NE4 SEC18 PART NW4 S17+ T41N R 09E 3P

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804404

Geography

  • District: 18
  • Parcel: 06-17-102-040-0000
  • Lot: 152
  • Meridian: SEC 17 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0385
  • Longitude: -88.2407

    Address

  • Full Address: 1288 Sebring Cir
  • Address - House Number: 1288
  • Address - Street Name: Sebring
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elgin
  • Carrier Code: C011
  • 4-Digit Zip Code: 5211
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $715,562
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 361,415
  • High Value: 445,684
  • Low Value: 277,145

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $52,360
  • Market Improvement Value: $237,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,236
  • Assessed Improvements Value: $23,764

    Sales

  • Current Sale Contract Date: Jul 02, 2015
  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1520255031
  • Previous Sale Recording Date: Aug 23, 2013
  • Previous Sale Contract Date: Aug 14, 2013
  • Previous Sale Amount: $188,500
  • Previous Sale Document Type: 71

    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 Southeast Elgin

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1456 ft²

Average Home Age

46.5 years

Currently For Sale

22 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 105 Neutrenton Avenue, Elgin, IL, 60120

$2,550 /mo

  • 2 Beds
  • 2 Baths
105 Neutrenton Avenue, Elgin, IL, 60120 Listing by Ayushi Kukreja

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Randall Brush, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12330582
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 1288 Sebring Circle built and last sold?
The property at 1288 Sebring Circle was built in 1992 and last sold on Jul 2, 2015 for $230,000.
How much is this home worth?
The estimated value of the home located at 1288 Sebring Circle is $0.
What are some comparable homes to 1288 Sebring Circle?
There are currently no comparable homes to 1288 Sebring Circle.
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