215 Wing Park Boulevard
About This Property
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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
Building Info
Overview
- Year Built: 1999
- Effective Year Built: 1999
- Building Count: 1
- Total Rooms: 10
- Bedroom Count: 4
- Bathroom Count: 5
- Full Bathrooms: 4
- Partial Bathrooms: 5
- Building Condition: 0
- Building Quality: 0
- Construction Type: 6
- Building Style: 0
- Exterior Walls Type: 0
- Interior Walls Type: 0
- Roof Shape Type: 0
- Roof Cover Type: 0
- Floor Count: 200
- Floor Cover: 0
- Basement Type: 8
- Basement Area: 1,342
- Garage Type: 1
- Parking Space Count: 3
- Patio Type: 0
- Porch Type: 0
- Pool Type: 0
General
- Lot Size Square Feet: 20,909
- Lot Size Depth Feet: 1,800
- Lot Size Frontage Feet: 1,000
- Total Building Area: 4,053
- Gross Building Area: 4,053
- Building Area: 2,711
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 13
- Heating: 0
- Heated Square Feet: 2,711
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: COMMISSIONERS PLAT
- Land Acres: 0000000480
- Standard Land Use Code: 1001
- County Land Use Code: 0040
- State Land Use Code: 0040
- Legal Description 1: COMMISSIONERS PLAT OF PART SOUTHEAST 1/4 SEC 10 NORTHEAST 1/4 SEC 15 PART OF LOT 1 DESC IN BOOK 2133/235 (EXCEPT BOOK 2373/123) SEC 15-41-8
Neighborhood
- School District Name: School District U-46
- Census Tract: 851102
Geography
- Section: 10
- Parcel: 06-15-277-026
- Lot: 1
- Meridian: SEC 15 TWN 41 RNG 08
- Municipality: ELGIN
- Latitude: 42.0392
- Longitude: -88.3039
- Full Address: 215 Wing Park Blvd
- Address - House Number: 215
- Address - Street Name: Wing Park
- Address - Suffix Type: Blvd
- State: IL
- City Name: Elgin
- Carrier Code: C085
- 4-Digit Zip Code: 3340
- Zip Code: 60123
Address
Valuation
- Tax Year: 2022
- Tax Amount: $1,080,674
- Tax Rate Code Area: EL005
Tax
- Standard Deviation: 0.1325
- Valuation Date: Nov 29, 2023
- Confidence Score: 84
- Final Value: 483,116
- High Value: 547,149
- Low Value: 419,083
Appraisal Valuation
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Open Liens
- Market Total Value: $392,044
- Market Land Value: $85,120
- Market Improvement Value: $306,924
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $130,629
- Assessed Land Value: $28,362
- Assessed Improvements Value: $102,267
Assessments Valuation
- Homeowner Exemption: Yes
Exemptions
- Current Sale Contract Date: Jun 16, 2017
- Current Sale Recording Date: Jun 21, 2017
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 2017K031863
- Previous Sale Recording Date: Jan 03, 2006
- Previous Sale Contract Date: Dec 15, 2005
- Previous Sale Amount: $249,000
- Previous Sale Document Type: 71
Sales
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Last Sale Mortgage
- First Mortgage Financing Type: ADJ
Financing
215 Wing Park Boulevard
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Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Elgin
Stats & Trends
Median Asking:
$367,245Sale Price/ft²
$201Below Asking
0.01%Average Days on Market
44Average Home Size
1639 ft²Average Home Age
43.5 yearsCurrently For Sale
34 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12444519
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017