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Carpentersville 60110
301 Spring Point Drive
$287,850
● House - Off Market

301 Spring Point Drive

Carpentersville, IL 60110
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,677 Ft²
$2,288
Est. Monthly
$313
HOA / Fees
7.19%
Cap Rate

About This Property

Wow! Great opportunity! Tucked away at the back of the subdivision this end unit is just a quick stroll to the clubhouse/pool! Tons of shopping right down the street! Tile entry! Large cozy family room with fireplace, plenty of natural light and sliding glass door to the private deck! Very functional eat-in kitchen with stainless steel appliances, pantry and room for a table! Convenient 2nd floor laundry! Spacious master bedroom with vaulted ceilings, plant shelf, walk-in closet and spa bath with whirlpool tub, separate walk-in shower and dual sink vanity! Gracious size secondary bedrooms! Walkout basement with bath rough-in has so much potential for added living space! Carpet approx 2 years old! Newer water heater and dryer! Some gentle TLC needed but so much to offer here! Units do not last long here! Bring offer!
Unit Size
1,677 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$551
HOA Dues
$313
Year Built
2001

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 691
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,746
  • Gross Building Area: 2,746
  • Building Area: 1,677
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,677
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING POINT CONDOS
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SPRING POINT CONDOS UNIT 19-301 SUBDIVISION: SPRING POINT CONDOS RANGE CODE: 8E TWP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-16-478-090
  • Municipality: DUNDEE
  • Latitude: 42.1117
  • Longitude: -88.3006

    Address

  • Full Address: 301 Spring Point Dr
  • Legal Unit: 19-301
  • Address - House Number: 301
  • Address - Street Name: Spring Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carpentersville
  • Carrier Code: C017
  • 4-Digit Zip Code: 2836
  • Zip Code: 60110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,674
  • Tax Rate Code Area: DU012

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 275,913
  • High Value: 314,239
  • Low Value: 237,588

    Market Valuation

  • Market Total Value: $203,586
  • Market Land Value: $22,605
  • Market Improvement Value: $180,981

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,835
  • Assessed Land Value: $7,532
  • Assessed Improvements Value: $60,303

    Sales

  • Current Sale Contract Date: Nov 14, 2000
  • Current Sale Recording Date: Mar 19, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2001K023792
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 Carpentersville

Stats & Trends

Median Asking:

$297,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1808 ft²

Average Home Age

47.8 years

Currently For Sale

21 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: Robert Wisdom, RE/MAX Horizon
Data Source: MRED, MLS# MRD12302561
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 301 Spring Point Drive built and last sold?
The property at 301 Spring Point Drive was built in 2001 and last sold on Nov 14, 2000 for $164,500.
How much is this home worth?
The estimated value of the home located at 301 Spring Point Drive is $0.
What are some comparable homes to 301 Spring Point Drive?
There are currently no comparable homes to 301 Spring Point Drive.
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