$252,000
●
House -
Off Market
1545 Teri Lane
Algonquin, IL 60102
3 Beds
2 Baths
1,532 Ft²
$285,086
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
3 BR, 2 Bath home on a nice lot. New tear off roof, furnace
replaced in 2018, hot water tank replaced in 2016. First floor
features LR with cathedral ceiling, combined FR/DR, Kitchen with
breakfast bar and pantry closet, full bath, 3rd BR and laundry. 2nd
floor features large MBR with 14' of closet space and entrance into
hall bath and a large 2nd BR. Attached 2 car garage, large fenced
in backyard with patio, fire pit, and a 4 yr old shed. Crawl has
sump pump with battery backup. Bring your decorating ideas!
Unit Size
1,532 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$163
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1984
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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 #11144846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | Listed by RE Closing Professionals Corp | $305,000 | |
| Listed by RE Closing Professionals Corp | |||
| | |||
|
Welcome to 1545 Teri Lane! This gorgeous updated 1.5 story home is located in the desirable Cedarwood Subdivision. As soon as you enter the home you will fall in love with the beautiful cathedral ceilings and natural lighting throughout the entire home. The living room is very spacious and has a very cozy feel to it. This home offers a newer tare off roof, 3 nice size rooms, newer washer and dryer, and brand-new floors. The home also has freshly painted interior, a combo family room / dining room, kitchen with breakfast bar and pantry closet, and new vanity in upstairs master bath. Convenient attached 2 car garage, large fenced in yard with a newer concrete patio. Schedule a showing today, this is a must see! Multiple Offers received calling for highest and best by Saturday 8-26-2023 @ 5PM
| |||
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by Urban Realty Group, Inc. | $249,105 | |
| Listed by Urban Realty Group, Inc. | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Algonquin
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Listed by: Lawrence Zyks, Urban Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11144846
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11144846
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