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Elgin 60124
2779 BEACON POINT Circle
$215,000
● House - Off Market

2779 BEACON POINT Circle

ELGIN, IL 60124
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,408 Ft²
$462,942
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

Why wait for new construction? This beautiful Monroe model w/ extended garage is loaded with upgrades, shows like a model & is priced to sell!! Features Kitchen w/ Hdwd Floors, 42" Maple Cabs w/ crown molding, Corian counters & stainless appliances, Master w/ Bay Window and luxury bath with comfort height maple vanity, plus custom plantation shutters throughout and an oversized paver patio with knee wall!
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
$173
Year Built
2007

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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 #07435960)

Price History

Date / Event Date Event Price
Jun 1, 2010 Sold
Premium
Sold
Feb 5, 2010 Listed by Century 21 New Heritage - Hampshire $219,900
Listed by Century 21 New Heritage - Hampshire

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,425
  • Gross Building Area: 1,425
  • Building Area: 1,425
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,425
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWATER SUB
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: EDGEWATER SUB PHASE 3 LT 666

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851913

Geography

  • Subdivision Phase Number: 3
  • Parcel: 06-29-178-009
  • Lot: 666
  • Municipality: ELGIN
  • Latitude: 42.0103
  • Longitude: -88.3533

    Address

  • Full Address: 2779 Beacon Point Cir
  • Address - House Number: 2779
  • Address - Street Name: Beacon Point
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elgin
  • Carrier Code: R005
  • 4-Digit Zip Code: 3114
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $630,678
  • Tax Rate Code Area: EL067

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 83
  • Final Value: 323,918
  • High Value: 368,912
  • Low Value: 278,925

    Market Valuation

  • Market Total Value: $251,300
  • Market Land Value: $79,598
  • Market Improvement Value: $171,702

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,733
  • Assessed Land Value: $26,522
  • Assessed Improvements Value: $57,211

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2010
  • Current Sale Recording Date: Jun 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2010K039946
  • Previous Sale Recording Date: Jun 19, 2008
  • Previous Sale Contract Date: May 12, 2008
  • Previous Sale Amount: $214,500
  • Previous Sale Document Type: 68
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 Elgin

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2109 ft²

Average Home Age

35.9 years

Currently For Sale

160 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

Rentals Near You

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MRED

Listed by: Sara Mitchell, Century 21 New Heritage - Hampshire
Last Updated: 3 years ago
Data Source: MRED, MLS# 07435960
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 2779 Beacon Point Circle built and last sold?
The property at 2779 Beacon Point Circle was built in 2007 and last sold on May 27, 2010 for $215,000.
How much is this home worth?
The estimated value of the home located at 2779 Beacon Point Circle is $0.
What are some comparable homes to 2779 Beacon Point Circle?
There are currently no comparable homes to 2779 Beacon Point Circle.
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