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Algonquin 60102 Millbrook Townhomes
1495 Millbrook Drive
$294,000
● House - Off Market

1495 Millbrook Drive

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,508 Ft²
$2,192
Est. Monthly
$220
HOA / Fees
7.13%
Cap Rate
Unit Size
1,508 Ft²
Days on Market
-
Land Size
-
Price per sqft
$199
Property Type
House
Property Taxes
$499
HOA Dues
$220
Year Built
2005

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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
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 1,503
  • Total Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILLBROOK TOWNHOMES
  • Land Acres: 0000000350
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2015R0022646 LT 105 MILLBROOK TOWNHOMES MEMO: THAKKAR, BHAGWAT D REV LIV TR DTD 2/17/15/ THAKKAR, VIPUL/ MUNJAL

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-31-453-037
  • Lot: 105
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1543
  • Longitude: -88.3416

    Address

  • Full Address: 1495 Millbrook Dr
  • Address - House Number: 1495
  • Address - Street Name: Millbrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C020
  • 4-Digit Zip Code: 2521
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $507,806
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 262,321
  • High Value: 301,937
  • Low Value: 222,706

    Market Valuation

  • Market Total Value: $177,639
  • Market Land Value: $33,735
  • Market Improvement Value: $143,904

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,213
  • Assessed Land Value: $11,245
  • Assessed Improvements Value: $47,968

    Sales

  • Current Sale Contract Date: Jul 01, 2005
  • Current Sale Recording Date: Aug 02, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R0062797

    Financing

  • First Mortgage Financing Type: ADJ
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 Millbrook Townhomes

Stats & Trends

Median Asking:

$305,199

Sale Price/ft²

$195

Above Asking

0.00%

Average Days on Market

58

Average Home Size

1576 ft²

Average Home Age

21.3 years

Currently For Sale

0 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 2062 Peach Tree Lane, Algonquin, IL, 60102

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,639 ft²
2062 Peach Tree Lane, Algonquin, IL, 60102 Listing by Hank Fatoorehchi
Unit for rent at 162 Village Creek Drive, Lake In The Hills, IL, 60156

$2,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,700 ft²
162 Village Creek Drive #162, Lake In The Hills, IL, 60156 Listing by Fran Dugo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Hank Fatoorehchi, Realty Executives Advance
Data Source: MRED, MLS# MRD12161509
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 1495 Millbrook Drive built and last sold?
The property at 1495 Millbrook Drive was built in 2005 and last sold on Jul 1, 2005 for $196,785.
How much is this home worth?
The estimated value of the home located at 1495 Millbrook Drive is $302,899.
What are some comparable homes to 1495 Millbrook Drive?
There are currently no comparable homes to 1495 Millbrook Drive.
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