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Lake in the Hills 60156 Meadowbrook
2868 Sorrel Row
$235,000
● House - Off Market

2868 Sorrel Row

Lake In The Hills, IL 60156
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,016 Ft²
$237,613
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Rare ranch style duplex that's move in ready! Kitchen with 42" White Cabinets, All Applianced and a Pantry ~ Living Room/Dining Room with Brand New Flooring, Canned Lighting, Ceiling Fan and Sliding Glass Door to the Concrete Patio ~ Master Suite offer Ceiling Fan, Dual Closets and Private Bath ~ Brand New Luxury Vinyl Plank Throughout Most of the Home ~ Custom Ceramic Flooring in the Foyer Kitchen, Laundry and Bathrooms ~ 6 Panel White Doors & Trim ~ Utility Room with Washer/Dryer, Cabinets and Access to the 1-Car Attached Garage with Pull-Down Stairs to Attic Storage ~ Nice Size Yard Only Needs an Extension with Gate to be Fully Fenced ~ Numerous Updates Include - Feldco Windows (2007 and 2009), Furnace, Roof and Siding (2009), Plus Freshly Power Washed Siding, Concrete Patio and Sidewalk!
Unit Size
1,016 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 238
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,707
  • Total Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IMPRESSIONS AT MEADOWBROOK UNIT 1
  • Land Acres: 0000000108
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2019R0015322 NLY PT LT 805 IMPRESSIONS AT MEADOWBROOK UNIT 1 MEMO: SMITH, RONALD E/ MARIE JOANN TR

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871108

Geography

  • Parcel: 18-23-202-030
  • Lot: 805
  • Municipality: GRAFTON TWP
  • Latitude: 42.1962
  • Longitude: -88.3826

    Address

  • Full Address: 2868 Sorrel Row
  • Legal Unit: 1
  • Address - House Number: 2868
  • Address - Street Name: Sorrel
  • Address - Suffix Type: Row
  • State: IL
  • City Name: Lake In The Hills
  • Carrier Code: R022
  • 4-Digit Zip Code: 6704
  • Zip Code: 60156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $466,606
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 236,547
  • High Value: 279,103
  • Low Value: 193,991

    Market Valuation

  • Market Total Value: $167,424
  • Market Land Value: $13,716
  • Market Improvement Value: $153,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,808
  • Assessed Land Value: $4,572
  • Assessed Improvements Value: $51,236

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27793
  • Previous Sale Recording Date: May 30, 2019
  • Previous Sale Contract Date: May 20, 2019
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: 27
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 Meadowbrook

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2196 ft²

Average Home Age

21.2 years

Currently For Sale

6 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

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MRED

Listed by: Sara Mitchell, Century 21 New Heritage - Huntley
Data Source: MRED, MLS# MRD11892316
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 2868 Sorrel Row built and last sold?
The property at 2868 Sorrel Row was built in 1999 and last sold on Oct 25, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 2868 Sorrel Row is $240,885.
What are some comparable homes to 2868 Sorrel Row?
There are currently no comparable homes to 2868 Sorrel Row.
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