$415,000
●
House -
Off Market
231 Summerdale Lane
Algonquin, IL 60102
4 Beds
4 Baths,
1
Half Bath
3,056 Ft²
$437,650
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Stunning Two Story Impressive Prestwicke Subdivision Home with tons
of natural sunlight. Awesome floor plan with fireplace in family
room. Updated kitchen with all SS appliances and granite
countertops. First floor office tucked away for privacy. Spacious
Master Suite has tray ceiling & huge walk-in closet. Luxurious
Master Bathroom has double sinks, whirlpool tub and separate
shower. 3 additional bedrooms are very generously sized. Huge
professionally finished basement has media area/Rec Room, full
custom designed wet bar, a full bath, pool table area, 2nd family
room, and plenty of space for storage. New updates -- 2020:
Whole house new carpet. 2018: All new windows and new patio
door, new AC and new Furnace. 2017: New basement. 2008: Roof
replaced. Whole house has custom blinds and window
treatments.
Unit Size
3,056 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$139
Property Type
House
Property Taxes
$781
HOA Dues
$28
Year Built
1997
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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 #11284628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Coldwell Banker Realty | $474,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
A beautiful Two Story Impressive Prestwicke Subdivision Home with tons of natural sunlight. Amazing floor plan with fireplace in family room. The flow starts with a huge foyer, living & dining room, an updated kitchen with all SS appliances and granite countertops. First floor office tucked away for privacy. On the 2nd floor the spacious Master Suite has tray ceiling & huge walk-in closet. Luxurious Master Bathroom has double sinks, whirlpool tub and separate shower. 3 additional bedrooms are very generously sized. Huge professionally finished basement has media area/Rec Room, full custom designed wet bar, a full bath, pool table area, 2nd family room, and plenty of space for storage. A private deck and back yard where you can relax, play, enjoy and overlooking the view of the pond. New updates - 2023: new carpet with foam padding in family room, new kitchen aid dishwasher, new water softener. 2018: All new windows and new patio door, newer AC and newer Furnace. Don't miss it. Call it home and make it yours today!
| |||
| Mar 29, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Dec 10, 2021 | Listed by Equity Market Realty Inc. | $425,000 | |
| Listed by Equity Market Realty Inc. | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Prestwicke
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Listed by: Ishtiaq Pavel, Equity Market Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11284628
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11284628
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