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Algonquin 60102
1880 Highmeadow Lane
$265,000
● House - Off Market

1880 Highmeadow Lane

ALGONQUIN, IL 60102
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,394 Ft²
$523,203
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

You will be wowed at the front door of this beautiful, well kept home! Incredible Bamboo Wood floors in entrance, kitchen & family room. Kitchen is open to family room w/center island, eat-in area, granite countertops, ss appliances & desk area.  Large master bedroom & luxury bath. Loft area on 2nd floor can be easily converted to a bedroom. Finished basement with rec area, bedroom/office and storage.
Unit Size
2,394 Ft²
Days on Market
-
Land Size
-
Price per sqft
$112
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1999

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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 #08452363)

Price History

Date / Event Date Event Price
Oct 31, 2013 Sold
Premium
Sold
Sep 24, 2013 Listed by Baird & Warner $268,380
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 6
  • Basement Area: 966
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,317
  • Total Building Area: 3,801
  • Gross Building Area: 3,801
  • Building Area: 2,394
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,394
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOUGHBY FARMS
  • Land Acres: 0000000283
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 59 WILLOUGHBY FARMS SOUTH UNIT 2 SUBDIVISION: WILLOUGHBY FARMS RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850105

Geography

  • Parcel: 03-08-202-011
  • Lot: 59
  • Municipality: DUNDEE
  • Latitude: 42.1377
  • Longitude: -88.3255

    Address

  • Full Address: 1880 Highmeadow Ln
  • Legal Unit: 2
  • Address - House Number: 1880
  • Address - Street Name: Highmeadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C017
  • 4-Digit Zip Code: 6623
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $870,364
  • Tax Rate Code Area: DU023

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 441,897
  • High Value: 508,401
  • Low Value: 375,394

    Market Valuation

  • Market Total Value: $335,099
  • Market Land Value: $69,481
  • Market Improvement Value: $265,618

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,655
  • Assessed Land Value: $23,151
  • Assessed Improvements Value: $88,504

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2013
  • Current Sale Recording Date: Nov 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2013K079557
  • Previous Sale Recording Date: Nov 08, 2013
  • Previous Sale Contract Date: Sep 23, 2013
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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

$208

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2438 ft²

Average Home Age

22.8 years

Currently For Sale

51 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: Michelle Gassensmith, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 08452363
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 1880 Highmeadow Lane built and last sold?
The property at 1880 Highmeadow Lane was built in 1999 and last sold on Oct 10, 2013 for $265,000.
How much is this home worth?
The estimated value of the home located at 1880 Highmeadow Lane is $0.
What are some comparable homes to 1880 Highmeadow Lane?
There are currently no comparable homes to 1880 Highmeadow Lane.
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