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Third Lake 60030 Mariner's Cove
205 Windjammer Lane
$234,000
● House - Off Market

205 Windjammer Lane

THIRD LAKE, IL 60030
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,544 Ft²
$472,991
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

SPACIOUS CUSTOM 3 BEDS / 2.1 BATHS CONTEMPORARY IN LAKE COMMUNITY W/PROFESSIONAL LANDSCAPED PRIVATE BACKYARD.  This home has many upgrades that include: Oversized Vaulted Master Bed w/Walk-In Custom Closet and Dressing Rm, Master Bath w/dual sinks, whirlpool bath, separate shower, FR w/wet bar and fridge, Kit w/Double ovens and Huge eat-in area, and walk-in pantry, Heated Garage w/ Loft, 2 Outdoor Decks. New Roof '12
Unit Size
2,544 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$96
Property Type
House
Property Taxes
$798
HOA Dues
$13
Year Built
1987

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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 856
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,579
  • Total Building Area: 3,976
  • Gross Building Area: 3,976
  • Building Area: 2,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARINERS COVE UNIT 2
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MARINERS COVE UNIT 2; LOT 133

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861106

Geography

  • Assessors Map Reference: 2533-D1
  • District: AVON
  • Parcel: 06-24-402-037
  • Lot: 133
  • Municipality: TWP OF AVON
  • Latitude: 42.3626
  • Longitude: -88.0073

    Address

  • Full Address: 205 Windjammer Ln
  • Legal Unit: 2
  • Address - House Number: 205
  • Address - Street Name: Windjammer
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Third Lake
  • Carrier Code: C008
  • 4-Digit Zip Code: 2625
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,059,940
  • Tax Rate Code Area: 7087

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 405,636
  • High Value: 475,041
  • Low Value: 336,231

    Market Valuation

  • Market Total Value: $293,237
  • Market Land Value: $69,574
  • Market Improvement Value: $223,663

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,736
  • Assessed Land Value: $23,189
  • Assessed Improvements Value: $74,547

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 30, 2014
  • Current Sale Recording Date: Feb 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7075335

    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 Mariner's Cove

Stats & Trends

Median Asking:

$438,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1934 ft²

Average Home Age

39 years

Currently For Sale

2 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 575 Berry Avenue, Grayslake, IL, 60030

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
575 Berry Avenue #2E, Grayslake, IL, 60030 Listing by Hazel Gayheart
Unit for rent at 7624 Beringer Court, Gurnee, IL, 60031

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,922 ft²
7624 Beringer Court, Gurnee, IL, 60031 Listing by Sheila Lee
Unit for rent at 1109 Blackburn Drive, Grayslake, IL, 60030

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,672 ft²
1109 Blackburn Drive, Grayslake, IL, 60030 Listing by Zivile Pitkiene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gregory Klemstein, RE/MAX Showcase
Data Source: MRED, MLS# MRD08364594
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 205 Windjammer Lane built and last sold?
The property at 205 Windjammer Lane was built in 1987 and last sold on Jan 30, 2014 for $234,000.
How much is this home worth?
The estimated value of the home located at 205 Windjammer Lane is $0.
What are some comparable homes to 205 Windjammer Lane?
There are currently no comparable homes to 205 Windjammer Lane.
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