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Algonquin 60102 Fieldcrest Farms
1585 Arquilla Drive
$450,000
● House - Off Market

1585 Arquilla Drive

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,612 Ft²
$440,042
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

New on the market! Beautiful move-in-ready home with newly painted areas and BRAND NEW FURNACE INSTALLED MARCH 2022 in Fieldcrest Farms neighborhood of Algonquin. Enter to 2-storey foyer, formal living room with a separate dining room for your family gatherings. Updated White Kitchen cabinets with granite countertops, SS appliances, and a  separate breakfast area. Hardwood floors in foyer, study, kitchen and cozy family room. Large Master Suite with vaulted ceiling, spa-like bath and walk-in closet. Large fenced backyard with a large deck calls for your family to entertain! Minutes to Randall Rd shopping and restaurants!
Unit Size
2,612 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$167
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
1994

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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.

Last updated: 3 years ago (MRED MLS #11363061)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 1, 2022 Listed by Berkshire Hathaway HomeServices Starck Real Estate $435,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1,326
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,297
  • Total Building Area: 3,938
  • Building Area: 2,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDCREST FARM
  • Land Acres: 0000000259
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0021639 LT 84 FIELDCREST FARMS UNIT 2B MEMO: SKOCHYLIAS, VOLODYMYR/ KOCHUBII, ANNA

Neighborhood

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

Geography

  • Parcel: 19-29-426-033
  • Block: 426
  • Lot: 84
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1751
  • Longitude: -88.3186

    Address

  • Full Address: 1585 Arquilla Dr
  • Legal Unit: 2B
  • Address - House Number: 1585
  • Address - Street Name: Arquilla
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C022
  • 4-Digit Zip Code: 1702
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $975,862
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 452,799
  • High Value: 526,259
  • Low Value: 379,338

    Market Valuation

  • Market Total Value: $359,373
  • Market Land Value: $85,482
  • Market Improvement Value: $273,891

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,791
  • Assessed Land Value: $28,494
  • Assessed Improvements Value: $91,297

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21639
  • Previous Sale Recording Date: Aug 05, 2005
  • Previous Sale Contract Date: Jul 14, 2005
  • Previous Sale Amount: $311,500
  • Previous Sale Document Type: 68
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 Fieldcrest Farms

Stats & Trends

Median Asking:

$484,000

Sale Price/ft²

$180

Below Asking

0.01%

Average Days on Market

40

Average Home Size

3912 ft²

Average Home Age

33 years

Currently For Sale

1 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

Rentals Near You

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MRED

Listed by: Ankita Patel, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11363061
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 1585 Arquilla Drive built and last sold?
The property at 1585 Arquilla Drive was built in 1994 and last sold on Jun 3, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 1585 Arquilla Drive is $0.
What are some comparable homes to 1585 Arquilla Drive?
There are currently no comparable homes to 1585 Arquilla Drive.
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