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Pingree Grove 60140
29 Boathouse Road
$300,000
● House - Off Market

29 Boathouse Road

Pingree Grove, IL 60140
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,868 Ft²
$319,479
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

CAMBRIDGE LAKES END UNIT DUPLEX IS OPEN & SPACIOUS WITH A PRIVATE FENCED BACKYARD~KITCHEN FEATURES LOTS OF CABINET SPACE & PANTRY FOR STORAGE~ EXPRESSO CABINETS WITH BREAKFAST BAR~ SEPERATE TABLE SPACE~FAMILYROOM IS OPEN TO KITCHEN AND CREATES A GREAT SPACE TO ENTERTAIN WITH OUTSIDE ACCESS TO YARD~ LIVINGROOM IS A GREAT FLEX SPACE AND CAN BE USED AS A SITTING ROOM, OFFICE, MEDIA ROOM, TOY ROOM OR EVEN DINING ROOM~PRIVATE MASTER BEDROOM FEATURES WALK IN CLOSET AND PRIVATE MASTER BATH WITH DOUBLE VANITY ~OPEN & SUNNY LOFT IS ANOTHER GREAT FLEX SPACE~ LARGE LAUNDRY ROOM~2 CAR GARAGE~ FENCED BACKYARD IS A BEAUTIFUL OUTSIDE RETREAT WITH PATIO & OUTDOOR PLAY SET~COMMUNITY CENTER OFFERS CLUBHOUSE, WORKOUT CENTER & POOL
Unit Size
1,868 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$530
HOA Dues
$80
Year Built
-

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE LAKES
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CAMBRIDGE LAKES UNIT 17 LT 8001

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-33-280-015
  • Lot: 8001
  • Municipality: RUTLAND
  • Latitude: 42.0765
  • Longitude: -88.4126

    Address

  • Full Address: 29 Boathouse Rd
  • Legal Unit: 17
  • Address - House Number: 29
  • Address - Street Name: Boathouse
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R012
  • 4-Digit Zip Code: 2045
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,396
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: RU021

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 314,435
  • High Value: 359,045
  • Low Value: 269,826

    Market Valuation

  • Market Total Value: $226,161
  • Market Land Value: $52,392
  • Market Improvement Value: $173,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,357
  • Assessed Land Value: $17,457
  • Assessed Improvements Value: $57,900

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43355
  • Previous Sale Recording Date: Dec 05, 2014
  • Previous Sale Contract Date: Nov 26, 2014
  • Previous Sale Amount: $188,500
  • 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 Pingree Grove

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2018 ft²

Average Home Age

15.4 years

Currently For Sale

23 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 1306 Shamrock Lane, Pingree Grove, IL, 60140

$2,395 /mo

  • 2 Beds
  • 1 Bath
  • 1,631 ft²
1306 Shamrock Lane, Pingree Grove, IL, 60140 Listing by Sarah Leonard
Unit for rent at 464 Lancaster Drive, Pingree Grove, IL, 60140

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,530 ft²
464 Lancaster Drive, Pingree Grove, IL, 60140 Listing by Pawel Czauderna

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Bowers, Realty Group Marino
Data Source: MRED, MLS# MRD11427132
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 29 Boathouse Road built and last sold?
The property at 29 Boathouse Road was built in and last sold on Aug 8, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 29 Boathouse Road is $0.
What are some comparable homes to 29 Boathouse Road?
There are currently no comparable homes to 29 Boathouse Road.
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