$310,000
●
House -
Off Market
1610 Teri Lane
Algonquin, IL 60102
3 Beds
2 Baths
1,140 Ft²
$1,845
Est. Monthly
8.28%
Cap Rate
About This Property
Welcome to 1610 Teri Ln, a desirable ranch home on a quiet tree
lined street. As you step in the front door you are greeted
by vaulted ceilings and open floor plan. This home has LVP
flooring through & new oversized baseboards. Your family room
has a triple glass sliding door over looking your paver patio and
perfect size backyard. Also you will love the gas fireplace,
perfect for a movie night. As you head to the kitchen you pass your
butlers station with glass uppers and perfect for extra storage or
a coffee bar. Your kitchen has quartz countertops, trendy beveled
subway tile, a great layout with new SS appliances. Laundry room is
tucked right off the kitchen and your attached 2 car garage has
been freshly painted. The primary bath has vaulted ceiling,
skylight and a custom shower pan. Your shared bath has also
been remodeled with designer tiles and finishes. This home is
beyond move in ready and awaiting your showing today. Just blocks
to the Fox, shopping and restaurants of downtown Algonquin and the
Randall corridor, and a quick commute to 90.
Unit Size
1,140 Ft²
Days on Market
-
Land Size
-
Price per sqft
$289
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1985
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MRED MLS #12167859)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Listed by ICandy Realty LLC | $330,000 | |
| Listed by ICandy Realty LLC | |||
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | Listed by Keller Williams Infinity | $215,000 | |
| Listed by Keller Williams Infinity | |||
| | |||
|
Great investment opportunity! Come see this gem close to shops and restaurants in Algonquin. It offers three bedrooms, two full baths, a great kitchen, a gorgeous fireplace, vaulted ceilings, and a two-car garage.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Algonquin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Steve Budzik, ICandy Realty LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12167859
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: 2 years ago
Data Source: MRED, MLS# 12167859
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017