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Round Lake 60073 Valley Lakes
1985 Marigold Lane
$319,900
● House - Off Market

1985 Marigold Lane

Round Lake, IL 60073
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,390 Ft²
$319,126
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Unit Size
4,390 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
House
Property Taxes
$698
HOA Dues
$29
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 #11803656)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jun 5, 2023 Listed by RE/MAX American Dream $319,999
Listed by RE/MAX American Dream

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • 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: 9
  • Basement Area: 1,320
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 4,390
  • Gross Building Area: 4,390
  • Building Area: 2,510
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,510
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY LAKE PLANNED UNIT DEVELOPMENT NEI
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VALLEY LAKE PLANNED UNIT DEVELOPMENT NEIGHBORHOOD 7; LOT 8

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860906

Geography

  • District: GRANT
  • Parcel: 05-25-203-004
  • Lot: 8
  • Municipality: TWP OF GRANT
  • Latitude: 42.3508
  • Longitude: -88.1291

    Address

  • Full Address: 1985 Marigold Ln
  • Legal Unit: D
  • Address - House Number: 1985
  • Address - Street Name: Marigold
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 9539
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $837,504
  • Tax Rate Code Area: 6072

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 348,456
  • High Value: 408,961
  • Low Value: 287,951

    Market Valuation

  • Market Total Value: $307,618
  • Market Land Value: $50,708
  • Market Improvement Value: $256,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,529
  • Assessed Land Value: $16,901
  • Assessed Improvements Value: $85,628

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7987775
  • Previous Sale Recording Date: Mar 18, 2004
  • Previous Sale Contract Date: Jan 19, 2004
  • Previous Sale Amount: $269,500
  • 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 Valley Lakes

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$162

Above Asking

0.00%

Average Days on Market

40

Average Home Size

1682 ft²

Average Home Age

24.3 years

Currently For Sale

6 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: Luigui Corral, RE/MAX American Dream
Last Updated: 3 years ago
Data Source: MRED, MLS# 11803656
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 1985 Marigold Lane built and last sold?
The property at 1985 Marigold Lane was built in 1999 and last sold on Jul 19, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 1985 Marigold Lane is $0.
What are some comparable homes to 1985 Marigold Lane?
There are currently no comparable homes to 1985 Marigold Lane.
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