$365,000
●
House -
Off Market
2840 Colonial Drive
Elgin, IL 60124
4 Beds
3 Baths,
1
Half Bath
2,210 Ft²
$408,005
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
The one you have been waiting for in popular Randall Ridge
subdivision! Beautiful, spacious, with simply outstanding updates
done in 2020/21. Step inside to find vaulted ceilings, hardwood
floors, plenty of natural light. Inviting living room, formal
dining room, expansive eat-in kitchen complete with hardwood
floors, granite countertops, pantry and bayed breakfast room. All
stainless steel appliances. Spacious family room with wood burning
fireplace, perfect for entertaining and relaxing. Upstairs, you'll
find 4 generous bedrooms including the master suite offering a
deluxe private bath with double bowl vanity, separate shower and
tub. Modern lighting and doors updated throughout the upper level.
Partially finished basement with rec room and great storage space.
1st floor laundry room. New vinyl privacy fence (2020). High
efficiency HVAC, 2-car attached garage and more. This home is
move-in ready, but sold AS-IS. Conveniently located to Randall
Ridge park, shopping, schools, transportation and more. Don't wait
and make it yours today.
Unit Size
2,210 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$738
HOA Dues
-
Year Built
1994
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11252494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Coldwell Banker Realty | $365,900 | |
| Listed by Coldwell Banker Realty | |||
| May 29, 2019 | No longer available | - | |
| No longer available | |||
| Mar 24, 2019 | Listed | $289,900 | |
| Listed | |||
| | |||
|
Outstanding brick front two story on lovely landscaped lot in popular Randall Ridge! Central Schools! Adjacent to Randall Ridge park, close to shopping, schools, transportation and more. Step inside to find vaulted ceilings, hardwood floors, neutral decor and plenty of natural light. Inviting bayed living room, formal dining room, expansive eat-in kitchen complete with hardwood floor, granite countertops, pantry and bayed breakfast room. Spacious family room with fireplace perfect for entertaining and relaxing. 1st floor laundry. Upstairs, you'll find 4 generous bedrooms including the master suite offering a deluxe private bath with double bowl vanity, separate shower and tub. Partially finished basement with rec room and ample storage space. High efficiency HVAC, 2-car attached garage and more. This home is move-in ready at an unbeatable price! MUST SEE! The manager has listed the unit size as 2210 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Elgin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Viola Waszkiewicz, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11252494
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# 11252494
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017