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Algonquin 60102 Copper Oaks
2131 TAHOE Parkway
$399,000
● House - Off Market

2131 TAHOE Parkway

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,816 Ft²
$2,593
Est. Monthly
8.02%
Cap Rate

About This Property

WOW! MOVE IN READY! DRAMATIC 2 STY ENTRY! OPEN CONCEPT RE-DESIGNED GREAT ROOM! POPULAR GLACIER MODEL! SPECIAL FEATURES/UPGRADES: NEWLY PAINTED! NEW CARPET!  NEW GRANITE COUNTER TOPS AND SINK! STAINLESS STEEL APPLIANCES! STUNNING MASTER BATH WITH FREE STANDING SOAKING TUB! NEWER WINDOWS! SIX PANEL DOORS THROUGH OUT! FINISHED REC ROOM IN BASEMENT AND MUCH MORE! NOTHING TO DO BUT MOVE IN!****(more photos to come)
Unit Size
2,816 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$142
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #12012728)

Price History

Date / Event Date Event Price
May 20, 2024 Sold
Premium
Sold
Apr 11, 2024 Listed by RE/MAX Suburban $399,000
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 8
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,415
  • Total Building Area: 2,816
  • Building Area: 2,192
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COPPER OAKS SUB
  • Land Acres: 0000000285
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2019R0000383 LT 165 COPPER OAKS SUB UNIT 4

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-35-426-011
  • Block: 426
  • Lot: 165
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1607
  • Longitude: -88.2625

    Address

  • Full Address: 2131 Tahoe Pkwy
  • Legal Unit: 4
  • Address - House Number: 2131
  • Address - Street Name: Tahoe
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R003
  • 4-Digit Zip Code: 4282
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $760,606
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 389,303
  • High Value: 448,095
  • Low Value: 330,511

    Market Valuation

  • Market Total Value: $284,073
  • Market Land Value: $62,298
  • Market Improvement Value: $221,775

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,691
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $73,925

    Sales

  • Current Sale Contract Date: Jun 01, 2000
  • Current Sale Recording Date: Jun 06, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2000R0029662

    Financing

  • First Mortgage Financing Type: ADJ
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 Copper Oaks

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$244

Above Asking

0.00%

Average Days on Market

38

Average Home Size

1477 ft²

Average Home Age

38 years

Currently For Sale

1 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: George Seaverns, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 12012728
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 2131 Tahoe Parkway built and last sold?
The property at 2131 Tahoe Parkway was built in 1989 and last sold on Jun 1, 2000 for $204,200.
How much is this home worth?
The estimated value of the home located at 2131 Tahoe Parkway is $0.
What are some comparable homes to 2131 Tahoe Parkway?
There are currently no comparable homes to 2131 Tahoe Parkway.
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