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Addison 60101
1851 Kings Point Drive N
$340,000
● House - Off Market

1851 Kings Point Drive N

Addison, IL 60101
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,604 Ft²
$345,212
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Sold Before Processing
Unit Size
1,604 Ft²
Days on Market
-
Land Size
-
Price per sqft
$209
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1972

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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 #11748558)

Price History

Date / Event Date Event Price
Mar 30, 2023 Sold
Premium
Sold
Feb 1, 2023 Listed by Keller Williams Premiere Properties $335,000
Listed by Keller Williams Premiere Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,434
  • Gross Building Area: 2,434
  • Building Area: 2,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGS POINT WEST
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: KINGS POINT WEST

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840906

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-A3
  • Parcel: 02-24-203-036
  • Lot: 87
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9434
  • Longitude: -88.0359

    Address

  • Full Address: 1851 Kings Point Dr N
  • Address - House Number: 1851
  • Street Segment Direction: N
  • Address - Street Name: Kings Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C022
  • 4-Digit Zip Code: 1740
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $768,848
  • Tax Rate Code Area: 2126

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 405,362
  • High Value: 475,207
  • Low Value: 335,518

    Market Valuation

  • Market Total Value: $351,900
  • Market Land Value: $104,940
  • Market Improvement Value: $246,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,300
  • Assessed Land Value: $34,980
  • Assessed Improvements Value: $82,320

    Sales

  • Current Sale Contract Date: May 10, 2014
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19712
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 Addison

Stats & Trends

Median Asking:

$401,134

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1865 ft²

Average Home Age

40.8 years

Currently For Sale

42 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

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MRED

Listed by: Joe Ariano, Keller Williams Premiere Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11748558
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 1851 Kings Point Drive North built and last sold?
The property at 1851 Kings Point Drive North was built in 1972 and last sold on May 10, 2014 for $340,000.
How much is this home worth?
The estimated value of the home located at 1851 Kings Point Drive North is $0.
What are some comparable homes to 1851 Kings Point Drive North?
There are currently no comparable homes to 1851 Kings Point Drive North.
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