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Cary 60013 Cambria
1317 Collins Drive
$394,000
● House - Off Market

1317 Collins Drive

Cary, IL 60013
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,156 Ft²
$2,880
Est. Monthly
5.05%
Cap Rate

About This Property

Ready for a quick close! Welcome to this bright and open home in the highly desirable Cambria neighborhood. Enter into the two story living room which leads you to the kitchen or separate dining room. The family room is off the kitchen allowing easy entertaining. Upstairs you'll find three spacious bedrooms as well as a loft. The unfinished basement is large and awaiting your finishing touches. This home has been lovingly maintained and is being sold as-is. Some updates include: Newer HVAC and 2023 water heater, new blinds, new oven, new faucets in the bathrooms and kitchen, new toilets, new kitchen light, new shower glass in the primary bathroom, and new front and back screen/storm doors. Located near tons of parks and recreation, come see this corner lot with plenty of room to enjoy the outdoors!
Unit Size
2,156 Ft²
Days on Market
-
Land Size
-
Price per sqft
$185
Property Type
House
Property Taxes
$916
HOA Dues
-
Year Built
2002

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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 #12055009)

Price History

Date / Event Date Event Price
Jun 17, 2024 Sold
Premium
Sold
May 15, 2024 Listed by Redfin Corporation $399,900
Listed by Redfin Corporation

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 802
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,689
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,958
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIA UNIT 7
  • Land Acres: 0000000314
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2020R0048857 LT 39 CAMBRIA UNIT 7

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871312

Geography

  • Parcel: 19-11-351-022
  • Lot: 39
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2121
  • Longitude: -88.2755

    Address

  • Full Address: 1317 Collins Dr
  • Legal Unit: 7
  • Address - House Number: 1317
  • Address - Street Name: Collins
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: R011
  • 4-Digit Zip Code: 1857
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,098,784
  • Tax Rate Code Area: 19141

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 386,755
  • High Value: 445,183
  • Low Value: 328,327

    Market Valuation

  • Market Total Value: $318,657
  • Market Land Value: $108,042
  • Market Improvement Value: $210,615

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,219
  • Assessed Land Value: $36,014
  • Assessed Improvements Value: $70,205

    Sales

  • Current Sale Contract Date: May 01, 2002
  • Current Sale Recording Date: May 29, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2002R0047766
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 Cambria

Stats & Trends

Median Asking:

$296,200

Sale Price/ft²

$156

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2274 ft²

Average Home Age

24 years

Currently For Sale

2 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 1169 Amber Drive, Cary, IL, 60013

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,359 ft²
1169 Amber Drive, Cary, IL, 60013 Listing by Jenni Matts

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ashley Arzer, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 12055009
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 1317 Collins Drive built and last sold?
The property at 1317 Collins Drive was built in 2002 and last sold on May 1, 2002 for $234,271.
How much is this home worth?
The estimated value of the home located at 1317 Collins Drive is $0.
What are some comparable homes to 1317 Collins Drive?
There are currently no comparable homes to 1317 Collins Drive.
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