$265,000
●
House -
Off Market
2466 Rolling Ridge
Elgin, IL 60124
2 Beds
2 Baths
1,425 Ft²
$286,636
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Pristine condition, move in ready home in sought after Edgwater by
Del Webb. Lovely homesite location backing to trail.
Extended garage for additional storage. 2 bedroom, 2 bath.
Newer roof 2020, new "Bath Fitter" style tub in bath 2.
Kitchen offers 42" cabinets, decorative tile backsplash and
fully applianced. Neutrally decorated throughout with open
plan dining and living areas. Primary bedroom includes bay
window and bath with step-in shower and double bowl vanity.
Don't miss this opportunity to have a terrific home in a
desireable location including the oppotunity to never mow the lawn
or shovel snow again! Home is being sold "as-is".
Unit Size
1,425 Ft²
Days on Market
-
Land Size
-
Price per sqft
$186
Property Type
House
Property Taxes
$484
HOA Dues
$227
Year Built
2006
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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 #11281788)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Dec 4, 2021 | Listed by 55 Places, LLC | $265,000 | |
| Listed by 55 Places, LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 12, 2020 | In contract | - | |
| In contract | |||
| Oct 7, 2020 | Listed | $245,000 | |
| Listed | |||
| | |||
|
Absolute mint condition ranch home on beautiful interior landscaped lot backing to trail! Move-in ready 2BR/2BA home in popular Edgewater by Del Webb adult community offering 24/7 guard at gate, indoor and outdoor pools and hot tub, tennis courts, and many other activities in the lodge. Brick and vinyl exterior, brand new roof, extended 2-car attached garage, spacious backyard patio. Step inside to find pleasing neutral decor, an open floor plan and tons of natural light. Large and inviting living room, adjacent formal dining room. Light & bright kitchen complete with decorative tile backsplash and eating area. Generous master suite with bay window and private bath includes double bowl vanity. 2nd bedroom and full hall bath, plus laundry room. Honestly nothing to do here but move in and enjoy! Peaceful location, unbeatable price - MUST SEE! The manager has listed the unit size as 1425 square feet.
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About Elgin
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Listed by: Priscilla Lorenzin-Tomei, 55 Places, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11281788
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# 11281788
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