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Algonquin 60102
1725 Riverwood Drive
$286,500
● House - Off Market

1725 Riverwood Drive

Algonquin, IL 60102
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,240 Ft²
$279,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

BEAUTIFULLY MAINTAINED SPLIT-LEVEL HOME IN THE HIGHLY SOUGHT AFTER ALGONQUIN NEIGHBORHOOD. ALL NEW DOORS THRU-OUT - ALL WALLS FRESHLY PAINTED - ALL NEW THERMO-PANE WINDOWS (2022) - NEW ROOF PUT ON IN 2022 - WATER HEATER AND FURNACE REPLACED IN 2018 - NEW ELECTRICAL PANEL - BRAND NEW HONEY WELL THERMOSTAT. BRIGHT AND OPEN FLOOR PLAN WITH 13' CEILINGS IN DINING AND LIVING ROOM. SLIDING DOOR TO BACKYARD NEW IN 2022. 2' X 2' PANTRY CLOSET IN KITCHEN. 1.5 BATHROOMS WITH NEW LIGHT FIXTURES AND VANITIES ~ EXQUISITELY LANDSCAPED YARD - 19 X 19 BRICK PAVED PATIO ~ TWO CAR ATTACHED GARAGE. HOME HAS BEEN KEPT UP BY ORIGINAL OWNERS NOW LOOKING FOR NEXT HOMEOWNERS TO CHERISH AND CARE FOR IT.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$226
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1984

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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 #11896934)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Oct 1, 2023 Listed by RE/MAX All Pro - St Charles $279,900
Listed by RE/MAX All Pro - St Charles

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,552
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERWOOD ESTATES
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 253 RIVERWOOD ESTATES UNIT 4 SUBDIVISION: RIVERWOOD ESTATES RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-03-426-032
  • Lot: 253
  • Municipality: DUNDEE
  • Latitude: 42.1456
  • Longitude: -88.2806

    Address

  • Full Address: 1725 Riverwood Dr
  • Legal Unit: 4
  • Address - House Number: 1725
  • Address - Street Name: Riverwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R005
  • 4-Digit Zip Code: 3799
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $492,004
  • Tax Rate Code Area: DU018

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 276,854
  • High Value: 301,210
  • Low Value: 252,498

    Market Valuation

  • Market Total Value: $203,920
  • Market Land Value: $67,422
  • Market Improvement Value: $136,498

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,946
  • Assessed Land Value: $22,465
  • Assessed Improvements Value: $45,481

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40523
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 Algonquin

Stats & Trends

Median Asking:

$424,995

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2510 ft²

Average Home Age

28.1 years

Currently For Sale

49 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 930 Mesa Drive, Lake In The Hills, IL, 60156

$2,095 /mo

  • 2 Beds
  • 1 Bath
  • 1,334 ft²
930 Mesa Drive, Lake In The Hills, IL, 60156 Listing by Richard O'Connor
Unit for rent at 131 Silverstone Drive, Carpentersville, IL, 60110

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
131 Silverstone Drive #131, Carpentersville, IL, 60110 Listing by Arthur Stec
Unit for rent at 1623 Silverstone Drive, Carpentersville, IL, 60110

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
1623 Silverstone Drive #1623, Carpentersville, IL, 60110 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Natalie Kofie, RE/MAX All Pro - St Charles
Last Updated: 3 years ago
Data Source: MRED, MLS# 11896934
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 1725 Riverwood Drive built and last sold?
The property at 1725 Riverwood Drive was built in 1984 and last sold on Nov 7, 2023 for $286,500.
How much is this home worth?
The estimated value of the home located at 1725 Riverwood Drive is $0.
What are some comparable homes to 1725 Riverwood Drive?
There are currently no comparable homes to 1725 Riverwood Drive.
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