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Fox Lake 60020 Eagle Point
18 Covington Road
$160,000
● House - Off Market

18 Covington Road

Fox Lake, IL 60020
bedrooms
2 Beds
bathrooms
1 Bath
$162,788
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Charming 2 BR Cedar Cottage on 1.5 Lots with Private Pier Access, Lake Rights & 2 Car Garage in Pistakee Portal Subdivision. Kitchen has Pergo flooring & plenty of counter/cabinet space. Newer appliances included. Other newer items to provide years of enjoyment: newer central air, newer furnace, 2008 Roof (complete tear off). Newer, Quality Thermo Pane Windows throughout. wood trim blinds.  Piers at end of street, no fees required.  Taxes prorated at 100%.  Property sold as is.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1938

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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 #11721702)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Mar 2, 2023 Listed by Berkshire Hathaway HomeServices Starck Real Estate $160,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 750
  • Total Building Area: 798
  • Gross Building Area: 847
  • Building Area: 798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 798
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NW1/4 SE1/4
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: NW1/4 SE1/4; PT BEG NW COR SE 1/4 NE1/4, S2179.2, W402.89, FOR POB, W75, N81, E75, S81 TO POB (AKA LOT 37 & E 1/2 L OT 38 PISTAKEE PORTALS UNREC SUB) SECTION 9 TOWNSHIP 45 RA

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860908

Geography

  • District: GRANT
  • Section: 9
  • Parcel: 05-09-400-229
  • Lot: 37-38
  • Meridian: SEC 09 TWN 45N RNG 09E
  • Municipality: TWP OF GRANT
  • Latitude: 42.3916
  • Longitude: -88.1855

    Address

  • Full Address: 18 Covington Rd
  • Address - House Number: 18
  • Address - Street Name: Covington
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: C001
  • 4-Digit Zip Code: 1710
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $244,180
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 164,792
  • High Value: 196,062
  • Low Value: 133,522

    Market Valuation

  • Market Total Value: $101,794
  • Market Land Value: $20,651
  • Market Improvement Value: $81,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,928
  • Assessed Land Value: $6,883
  • Assessed Improvements Value: $27,045

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 7967884
  • Previous Sale Recording Date: Nov 09, 2009
  • Previous Sale Contract Date: Oct 30, 2009
  • Previous Sale Amount: $123,500
  • 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 Eagle Point

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

33

Average Home Size

2283 ft²

Average Home Age

54 years

Currently For Sale

4 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 6 N Pistakee Lake Road, Fox Lake, IL, 60020

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
6 N Pistakee Lake Road, Fox Lake, IL, 60020 Listing by Bryan Shaughnessy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jean Carlson, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11721702
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 18 Covington Road built and last sold?
The property at 18 Covington Road was built in 1938 and last sold on Apr 6, 2023 for $160,000.
How much is this home worth?
The estimated value of the home located at 18 Covington Road is $0.
What are some comparable homes to 18 Covington Road?
There are currently no comparable homes to 18 Covington Road.
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