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Inverness 60010
1560 Macalpin Circle
$2,890,000
● House - Off Market

1560 Macalpin Circle

Inverness, IL 60010
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
7,867 Ft²
$14,603
Est. Monthly
$92
HOA / Fees
1.67%
Cap Rate

About This Property

Artist rendering of the proposed new construction in photos. Estimated completion 14-16 months after contract. This transitional lake front manor, set on 1.3 acres, offers a first-floor master suite with heated bathroom floor, family room with fireplace, dining room and kitchen overlooking the water. The rear covered porch with a fireplace completes the relaxing family and entertaining environment with bright Southern exposure over the lake. The exterior is a classic painted brick with Cedar and contrasting windows and DaVinci roofing material which creates a truly unique fresh design. The interior home design includes wood flooring throughout, custom cabinetry, high-end appliances, Marvin windows, and fine detailed finishes. English Basement. Built to suit, options are available. Inground pool optional.
Unit Size
7,867 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$367
Property Type
House
Property Taxes
$320
HOA Dues
$92
Year Built
-

Payment Calculator

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 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: 60,113
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BRAYMORE HILLS OF INVERNESS UNIT2
  • Land Acres: 0000001380
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00
  • Legal Description 1: (BRAYMORE) (HILLS) OF (INVERNESS) (UNIT2) A SUB OF PT OF THE NH OF SEC 13-42-09

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804202

Geography

  • District: 10
  • Parcel: 01-13-205-009-0000
  • Lot: 118
  • Meridian: SEC 13 TWN 42N RNG 09E
  • Municipality: BARRINGTON
  • Latitude: 42.1224
  • Longitude: -88.1283

    Address

  • Full Address: 1560 Macalpin Cir
  • Legal Unit: 2
  • Address - House Number: 1560
  • Address - Street Name: Macalpin
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Inverness
  • Carrier Code: C018
  • 4-Digit Zip Code: 6429
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $384,448
  • Tax Rate Code Area: 10069

    Market Valuation

  • Market Total Value: $179,880
  • Market Land Value: $179,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,988
  • Assessed Land Value: $17,988

    Sales

  • Current Sale Contract Date: Sep 20, 2007
  • Current Sale Recording Date: Oct 10, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0728331021
  • Previous Sale Recording Date: May 22, 1997
  • Previous Sale Contract Date: May 19, 1997
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 71
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 Inverness

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

46

Average Home Size

4644 ft²

Average Home Age

52.3 years

Currently For Sale

16 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 1477 Garnet Circle, Hoffman Estates, IL, 60192

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,450 ft²
1477 Garnet Circle, Hoffman Estates, IL, 60192 Listing by Sunny Seon Kim

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dean Tubekis, Coldwell Banker Realty
Data Source: MRED, MLS# MRD11741114
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 1560 Macalpin Circle built and last sold?
The property at 1560 Macalpin Circle was built in and last sold on Sep 20, 2007 for $540,000.
How much is this home worth?
The estimated value of the home located at 1560 Macalpin Circle is $404,000.
What are some comparable homes to 1560 Macalpin Circle?
There are currently no comparable homes to 1560 Macalpin Circle.
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