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Lindenhurst 60046 Waterford Woods
2403 High Point Drive
$342,400
● House - Off Market

2403 High Point Drive

Lindenhurst, IL 60046
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,088 Ft²
$2,466
Est. Monthly
9.90%
Cap Rate
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$163
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,014
  • Total Building Area: 1,564
  • Gross Building Area: 1,564
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD WOODS UNIT NO 3
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WATERFORD WOODS UNIT NO 3 LOT 4 BLK 12

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861009

Geography

  • District: LAKE VILLA
  • Parcel: 02-36-103-001
  • Block: 12
  • Lot: 4
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4234
  • Longitude: -88.0231

    Address

  • Full Address: 2403 High Point Dr
  • Legal Unit: 3
  • Address - House Number: 2403
  • Address - Street Name: High Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R009
  • 4-Digit Zip Code: 8502
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $956,732
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 5128

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 277,915
  • High Value: 336,548
  • Low Value: 219,282

    Market Valuation

  • Market Total Value: $260,333
  • Market Land Value: $39,901
  • Market Improvement Value: $220,432

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,769
  • Assessed Land Value: $13,299
  • Assessed Improvements Value: $73,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7847333
  • Previous Sale Recording Date: Feb 23, 2016
  • Previous Sale Contract Date: Feb 01, 2016
  • Previous Sale Amount: $164,900
  • 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 Waterford Woods

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

35

Average Home Size

1637 ft²

Average Home Age

52.5 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 37061 N Bonnie Brae Road, Lake Villa, IL, 60046

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,862 ft²
37061 N Bonnie Brae Road, Lake Villa, IL, 60046 Listing by Venkateshwar Talari

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jose Mejia, New Century Real Estate
Data Source: MRED, MLS# MRD12426754
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 2403 High Point Drive built and last sold?
The property at 2403 High Point Drive was built in 1987 and last sold on Oct 12, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 2403 High Point Drive is $343,299.
What are some comparable homes to 2403 High Point Drive?
There are currently no comparable homes to 2403 High Point Drive.
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