$285,000
●
House -
Off Market
2953 Shamrock Drive
ELGIN, IL 60124
4 Beds
3 Baths,
1
Half Bath
2,900 Ft²
$444,908
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
This is a short sale. Working with negotiator now. Can close
quicker then usual! Highly Rated Burlington 301 Schools W/Bus stop
Across the Street. Extra Large 4 bedrooms, plus Loft & Bonus room.
Full Look-Out Basement on a Large Fenced Corner lot. Two-Story
Entry that opens to a Huge Floor Plan with Bonus Room Downstairs
off Living area with 1/2 bath. Kitchen is extended w/upgraded Wood
Cabinets-Island & Pantry. Wood floors in Kitchen, Downstairs Bath &
Hallway. King Sized Master Bedroom with a Huge Bath with 2
sinks, Oversize Tub, Separate Shower, Private Balcony off the
Master Bedroom. Large Secondary Bedrooms, each with Walk in
Closets. Tons of storage. Two Car Garage plus storage. Quiet
Neighborhood. Swim/Tennis/Walking Trails/Park. Price Reflects
the need for Carpet & Paint.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$96
Property Type
House
Property Taxes
$847
HOA Dues
$73
Year Built
2006
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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 #09610195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $279,000 | |
| Listed | |||
| | |||
|
This is a short sale. Working with negotiator now. Can close quicker then usual! Highly Rated Burlington 301 Schools W/Bus stop Across the Street. Extra Large 4 bedrooms, plus Loft & Bonus room. Full Look-Out Basement on a Large Fenced Corner lot. Two-Story Entry that opens to a Huge Floor Plan with Bonus Room Downstairs off Living area with 1/2 bath. Kitchen is extended w/upgraded Wood Cabinets-Island & Pantry. Wood floors in Kitchen, Downstairs Bath & Hallway. King Sized Master Bedroom with a Huge Bath with 2 sinks, Oversize Tub, Separate Shower, Private Balcony off the Master Bedroom. Large Secondary Bedrooms, each with Walk in Closets. Tons of storage. Two Car Garage plus storage. Quiet Neighborhood. Swim/Tennis/Walking Trails/Park. Price Reflects the need for Carpet & Paint.The manager has listed the unit size as 2900 square feet.
| |||
| Apr 28, 2017 | Listed by Charles Rutenberg Realty of IL | $279,000 | |
| Listed by Charles Rutenberg Realty of IL | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Elgin
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Listed by: , Charles Rutenberg Realty of IL
Last Updated: 3 years ago
Data Source: MRED, MLS# 09610195
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# 09610195
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